The Environmental Kuznets Curve Hypothesis in Industrialized Countries: A Second Generation Econometric Approach

Lotfi Mekhzoumi, Nadjoua Harnane, Abdellah Ayachi and Okba Abdellaoui
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Lotfi Mekhzoumi: University of El-Oued, El-Oued, Algeria
Nadjoua Harnane: University of Khenchela, Khenchela, Algeria
Abdellah Ayachi: University of El-Oued, El-Oued, Algeria
Okba Abdellaoui: University of El-Oued, El-Oued, Algeria

International Journal of Economics and Financial Issues, 2022, vol. 12, issue 2, 96-103

Abstract: This study contributes to the analysis of the Environmental Kuznets hypothesis (EKC) for 31 industrialized countries during 1980-2019 using long-term static and dynamic panel data methods. According to Pesaran's CD tests, the CSD issue is present in all variables. The EKC model had a long-run relationship, according to the results of the second-generation Pesaran CIPS unit roots and Westerlund tests. The estimation results of the static model (MG) and dynamic models (CS-DL and CS-ARDL) reached the same conclusion as the reliability of the EKC hypothesis, implying that environmental pollution and economic growth are linked in an inverted N-letter shape.

Keywords: EKC; MG; CCEMG; AMG; CS-DL; CS-ARDL (search for similar items in EconPapers)
JEL-codes: C23 O13 O44 Q50 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eco:journ1:2022-02-10

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