Vollebergh, Herman R.J.; Melenberg, Bertrand; … - In: Journal of Environmental Economics and Management 58 (2009) 1, pp. 27-42
In this paper we propose a solution to the non-robustness that plagues the estimation of inverted U-shaped relationships using panel data, such as the relation between pollution and income. When dependent and independent variable (like pollution and income) are both time related, separating the...