Is economic growth good or bad for the environment? Empirical evidence from Korea

Jungho Baek and Hyun Kim ()

Energy Economics, 2013, vol. 36, issue C, 744-749

Abstract: The effects of economic growth on the environment in Korea, for a given level of energy consumption, and fossil fuels and nuclear energy in electricity production, are examined in a dynamic cointegration framework. To that end, the autoregressive distributed lag (ARDL) approach is used. We find empirical evidence supporting the existence of the environmental Kuznets curve (EKC) hypothesis for Korea; that is, economic growth indeed plays a favorable role in influencing environmental outcomes. It is also found that, in both the short- and long-run, nuclear energy has a beneficial effect on environmental quality, whereas fossil fuels in electricity production and energy consumption have a detrimental effect on the environment.

Keywords: ARDL; Environmental Kuznets curve; Nuclear energy (search for similar items in EconPapers)
JEL-codes: C2 Q4 Q5 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (86)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:36:y:2013:i:c:p:744-749

DOI: 10.1016/j.eneco.2012.11.020

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