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We propose a new three-step model-selection framework for size distributions in empirical data. It generalizes a recent frequentist plausibility-of-fit analysis (Step 1) and combines it with a relative ranking based on the Bayesian Akaike Information Criterion (Step 2). We enhance these...
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Recent papers by Wagner in this journal and Vollebergh et al. in the Journal of Environmental Economics and Management point out some fundamental econometric problems with traditional methods of estimating the environmental Kuznets curve (EKC) and propose alternative approaches that avoid these...
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This paper tests the effect of gross domestic product (GDP) per capita on pollution, measured by carbon dioxide (CO2 …) emissions per capita. World Bank 1992 study claims that pollution rises with income, but at a slower and slower speed and …
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