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In recent years, extensive literature on the Environmental Kuznets Curve leading to optimistic policy conclusions has attracted great attention. However, the underlying cross-section estimations are not very reliable. Accordingly, this contribution uses time series data for a single country with...
Persistent link: https://www.econbiz.de/10011335695
In recent years, extensive literature on the Environmental Kuznets Curve lead- ing to optimistic policy conclusions has attracted great attention. However, the underlying cross-section estimations are not very reliable. Accordingly, this contribution uses time series data for a single country...
Persistent link: https://www.econbiz.de/10011753093
In this paper we investigate the existence and shape of the Environmental Kuznets Curve (EKC) by means of nonparametric methods. We also investigate the issues involved in the choice of nonparametric estimator. We find that the nature of the economic relationship and the quality of environmental...
Persistent link: https://www.econbiz.de/10011608828
Recent years have seen a growing literature on the environmental Kuznets curve (EKC) that resorts in a large part to cointegration techniques. The EKC literature has failed to acknowledge that such regressions involve unit root nonstationary regressors and their integer powers (e.g. GDP and GDP...
Persistent link: https://www.econbiz.de/10010294039
Production often causes pollution as a by-product. Once pollution problems become too severe, regulation is introduced by political authorities which forces the economy to make a transition to cleaner production processes. We model this transition as a change in general purpose technology (GPT)...
Persistent link: https://www.econbiz.de/10010306033
Production often causes pollution as a by-product. Once environmental degra- dation becomes too severe, regulation is introduced by which society forces the economy to make a transition to cleaner production processes. We model this transition as a change in "general purpose technology" and...
Persistent link: https://www.econbiz.de/10011753107
This paper investigates the EKC curves for CO2 emissions in a panel of 109 countries during the period 1959-2001. The length of the series makes the application of a heterogeneous estimator suitable from an econometric point of view. The results, based on the hierarchical Bayes estimator, show...
Persistent link: https://www.econbiz.de/10010312522
The Environmental Kuznets Curve hypothesis (EKC) postulates an inverted u-shaped curve between important pollutants and per capita GDP analogous to the relationship between in-come inequality and income per capita which has been analysed by Kuznets in 1955. The arti-cle focuses on an empirical...
Persistent link: https://www.econbiz.de/10011335766
We study an international climate agreement that assigns emission quotas to each participating country. Unlike the simplest models in the literature, we assume that abatement costs are affected by R&D activities undertaken in all firms in all countries, i.e. abatement technologies are...
Persistent link: https://www.econbiz.de/10010312489
Participatory vision-building (PVB) seems promising in fostering collective action to overcome complex social-environmental dilemmas and to attain socially desirable outcomes. By assisting the relevant actors in visualising their desired future and imagining how it would feel to be an active...
Persistent link: https://www.econbiz.de/10014631594