We consider an empirical estimation of the Environmental Kuznets Curve (EKC) for carbon dioxide and sulphur, with a focus on confidence set estimation of the tipping point. Various econometric – parametric and nonparametric – methods are considered, reflecting the implications of...

Economic uncertainty is gradually spreading across the globe due to government intervention and global development. Though it has been extensively shown in the literature that uncertainty impacts every economic sector, various economic agents also respond to uncertainty differently, particularly...