Vasilev, Aleksandar - 2014
) emissions per capita. World Bank 1992 study claims that pollution rises with income, but at a slower and slower speed and … eventually declines. Using Ordinary Least Squares estimation procedure, we find a quadratic relationship ("inverted U …-hypothesis") between CO2 emissions per capita and GDP per capita in a cross-section of world countries with data from 2000, thus proving …
