Abstract

Environmental Kuznets Curve: An Emprical Evaluation by Reduced and Decomposed Models In this study, by using different models, during 1994-2010 in 26 OECD countries, Environmental Kuznets Curve (EKC) hypothesis and the presence of scale, composition and technology effects in EKC was analyzed. The impacts of environmental policies, population density on EKC was also explored. Based on estimations of reduced and decomposed models of EKC, the presence of a N shape relationship between ambient CO2 and GDP per capita was found. A similar relationship exists between ambient CO2 and population density. Our main finding is that the environmental policies led to EKC shifted down and reduced slope and intercept of EKC. Effective environmental policies can help flatten the EKC and reduce the environmental cost of economic growth. Based on estimation of decomposed forms of EKC, scale, composition and technology effects in EKC was verified

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call