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The environmental Kuznets curve (EKC) hypothesis, whereby pollution first increases then decreases as income increases, has generated a large literature beginning in the 1990s. The current analysis contributes to that literature in two main ways, one theoretical and one empirical. First, a novel...
Persistent link: https://www.econbiz.de/10014080680
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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...
Persistent link: https://www.econbiz.de/10010270961
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...
Persistent link: https://www.econbiz.de/10003715281
Persistent link: https://www.econbiz.de/10001604518
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...
Persistent link: https://www.econbiz.de/10014218277
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...
Persistent link: https://www.econbiz.de/10004990059
The simple fact that environmental resources are endowments is found to have profound effects on their patterns of allocation with changes in income, population, and income inequality. For broad classes of theoretical models, and in Pareto efficient as well as decentralized economies,...
Persistent link: https://www.econbiz.de/10008520341
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