Chingri, Subhrasil; Mondal, Debasis - In: Indian Growth and Development Review 17 (2024) 3, pp. 422-440
Purpose This paper aims to review the relationship between per capita income and aggregate emission in an economy populated by rational agents. According to the environmental Kuznets curve (EKC) hypothesis, pollution–income relationship is an inverted U-shaped curve. This paper aims to derive...