In "The Tragedy of the Commons," Garrett Hardin argues that those who can use a resource for free consume more of it than they would if they had to pay for it. Public resources eventually collapse because people overuse them. Hardin’s widely accepted argument seems correct as far as it goes,...

The relationship between economic growth and the environment is, and will always remain, controversial. Some see the emergence of new pollution problems, the lack of success in dealing with global warming and the still rising population in the Third World as proof positive that humans are a...

The relationship between growth and pollution is studied through a vintage capital model, where new technology is more environmentally friendly. We find that once the optimal scrapping age of technologies is reached, an economy may achieve two possible cases of sustainable development, one in...

The paper aims at extending the debate on Environmental Kuznets Curves to the case of non-renewable resources and to discuss the driving forces that might give rise to EKC's in this case. The paper at hand deviates from the standard EKC analysis in two ways: First, mostly EKC's are analyzed for...

In this paper, we study the impact of the economic growth on the environment. First, we show that, at each income level, n determines the direction of environmental degradation, where n is the elasticity of substitution between consumption and the environment. That is, for n large enough, as...

The majority of the studies on the environmental Kuznets curve (EKC) consider production-based indicators for environmental quality, in this way they ignore the consequences of international trade. This study applies methods of input-output analysis to obtain CO2 consumption-based indicators to...

The substantial literature on the existence of an inverted U-shaped relationship between environmental degradation and economic growth-known as the Environmental Kuznets Curve (EKC)-has produced very mixed evidence. This largely depends on model and variable selection uncertainty. We address...

The impact of population growth on the environment is an issue that is highly debated yet comparatively under-researched empirically. This is true despite a vast number of published articles on the link between population and environmental changes speculating on the sign of the environment...

The analysis finds that in addition to U-shaped paths of environmental quality arising for growth in income per capita, growth in population can also produce socially efficient patterns that are U-shaped. Sufficient conditions for both types of paths are identified for a range of models and...

The literature on the Kuznets curve and that on the environmental Kuznets curve share several features. The analogy between the two curves concerns not only their shape, but also the theoretical explanations underlying them and the methodology used in the empirical studies. Although the evidence...