The Correlation Between CO2 Emissions and GDP in a Sustainable Development Framework Using Kuznets Environment Curve

Cosma Ioana Gabriela (), David Katalin Gabriela (), Daniela Antonescu (), Dumiter Florin Cornel () and Jimon Ștefania Amalia ()
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Cosma Ioana Gabriela: Romanian Academy, National Institute for Economic Research “Costin C. Kiriţescu” INCE
David Katalin Gabriela: “Vasile Goldiș” Western University of Arad
Dumiter Florin Cornel: “Vasile Goldiș” Western University of Arad
Jimon Ștefania Amalia: “Vasile Goldiș” Western University of Arad

Studia Universitatis „Vasile Goldis” Arad – Economics Series, 2020, vol. 30, issue 4, 1-23

Abstract: After 1990, the problem of finding econometric models to assess the influence of economic development on the environment becomes a global goal, a central element of regional, national and Community policies. A perception on the evolution of global climate change and on the impact of human activity on them has been determined by the hypothesis that in the early stages of economic development, pollution and incomes are growing almost simultaneously, and beyond a certain level of incomes, the trend is reversing, therefore at high levels of incomes and economic growth occur improvements in environmental conditions. In this paper, we aim to analyze the relationship between the level of pollution (CO2 emissions) and revenues (GDP per capita) using the Kuznets Environmental Curve (EKC). To apply the econometric model, two indicators were used: CO2 emissions and GDP per capita, using a panel analysis for the period 2000 - 2016, which included 31 European countries and 527 observations. The article contributes to the development of econometric applications based on panel data and the Kuznets Environmental Curve.

Keywords: Kuznets Environmental Curve; sustainable development; econometric analysis (search for similar items in EconPapers)
JEL-codes: C2 C23 C32 C33 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:vrs:suvges:v:30:y:2020:i:4:p:1-23:n:1

DOI: 10.2478/sues-2020-0022

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