The Environmental Kuznets Curve: Recycling and the Role of Habit Formation
Myrto Kasioumi
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Myrto Kasioumi: University of Guelph
Review of Economic Analysis, 2021, vol. 13, issue 3, 367-387
Abstract:
"Our analysis focuses on a novel theoretical model which explains the relationship between pollution and output as well as recycling and output in the context of the Environmental Kuznets Curve (EKC) framework. Our model incorporates habit formation on recycling in a circular economy model and we find that the EKC is characterized by a downward sloping curve, while the recycling output curve by an increasing curve, results which are both in agreement with the general patterns of these curves supported by the literature."
Keywords: "Recycling; Pollution; Economic Growth; Environmental Kuznets Curve (EKC); Circular Economy" (search for similar items in EconPapers)
JEL-codes: O44 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:ren:journl:v:13:y:2021:i:3:p:367-387
DOI: 10.15353/rea.v13i3.4688
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