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How Economic Development Influences the Environment

Seema Jayachandran

Annual Review of Economics, 2022, vol. 14, issue 1, 229-252

Abstract: Reducing global poverty and addressing climate change and other environmental crises are among the most important challenges facing humanity today. This review discusses one way in which these problems are intertwined: how economic development affects the environment. I synthesize recent micro-empirical research on the environmental effects of economic development in low- and middle-income countries. The studies that I discuss identify the causal effects of specific aspects of economic development, such as greater household purchasing power, expanded access to credit, more secure property rights, technological progress, and stronger regulatory capacity. I conclude by outlining some gaps in the literature.

Keywords: environmental conservation; economic growth; poverty reduction; environmental Kuznets curve (search for similar items in EconPapers)
JEL-codes: O13 O44 Q01 Q56 (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations: View citations in EconPapers (18)

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DOI: 10.1146/annurev-economics-082321-123803

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