Search results for " Environmental Kuznets Curve"
showing 3 items of 3 documents
DOMESTIC MATERIAL CONSUMPTION INDICATOR AND NATURAL RESOURCES: A EUROPEAN ANALYSIS OF THE ENVIRONMENTAL KUZNETS CURVE
2014
The study investigates the relation between per capita Domestic Material Consumption indicator (DMC) and per capita income. Economic literature focuses mainly on air, water and land pollution while we consider as environmental degradation the consumption on natural resources extracted from the environment. Using a cross– European panel of countries over the period 2000-2011, our results confirm the absence of an Environmental Kuznets Curve (EKC) between per capita DMC and per capita GDP both for EU-27 vs. 30 European countries and for Western vs. Eastern European countries. The turning points are so high that it is present a monotonic increasing relation between DMC indicator and GDP.
Neoclassical Growth, Environment and Technological Change: The Environmental Kuznets Curve
2009
The paper investigates socially optimal patterns of economic growth and environmental quality in a neoclassical growth model with endogenous technological progress. In the model, the environmental quality affects positively not only to utility but also to production. However, cleaner technologies can be used in the economy whether a part of the output is used in environmentally oriented R&D. In this framework, if the initial level of capital is low then the shadow price of a cleaner technology is low relative to the cost of developing it given by the marginal utility of consumption and it is not worth investing in R&D. Thus, there will be a first stage of growth based only on the accumulati…
The environmental Kuznets curve within European countries and sectors: greenhouse emission, production function and technology
2018
Based on the environmental Kuznets curve (EKC) hypothesis and the technological change and the environment literature, our original contribution consists in analysing within the decomposition model the direct and indirect influence of technological change as well as the energy mix on CO2 emissions. Focusing on the dirtiest sectors of 25 EU countries in the period 1997-2005 and considering the endogeneity issue, we estimate an adjusted EKC relationship comparing a single equation model (univariate model) with a simultaneous equations system (bivariate model). Following Lopez (J Environ Econ Manag 27:163-184, 1994), a second equation is introduced where per capita income is a positive functio…