Arbeitspapier

Environmental Kuznets Curves for carbon emissions: A critical survey

The empirical finding of an inverse U-shaped relationship between per capita income and pollution, the so-called Environmental Kuznets Curve (EKC), suggests that as countries experience economic growth, environmental deterioration decelerates and thus becomes less of an issue. Focusing on the prime example of carbon emissions, the present article provides a critical review of the new econometric techniques that have questioned the baseline polynomial specification in the EKC literature. We discuss issues related to the functional form, heterogeneity, spurious regressions and spatial dependence to address whether and to what extent the EKC can be observed. Despite these new approaches, there is still no clear-cut evidence supporting the existence of the EKC for carbon emissions.

Language
Englisch

Bibliographic citation
Series: Nota di Lavoro ; No. 75.2009

Classification
Wirtschaft
Single Equation Models; Single Variables: General
Exhaustible Resources and Economic Development
Environmental Economics: General
Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products
Subject
Environmental Kuznets Curve
Carbon Emissions
Functional Form
Heterogeneity
Spurious Regressions
Spatial Dependence

Event
Geistige Schöpfung
(who)
Aslanidis, Nektarios
Event
Veröffentlichung
(who)
Fondazione Eni Enrico Mattei (FEEM)
(where)
Milano
(when)
2009

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Aslanidis, Nektarios
  • Fondazione Eni Enrico Mattei (FEEM)

Time of origin

  • 2009

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