Testing the environmental Kuznets curve hypothesis across the U.S.: Evidence from panel mean group estimators
Burak Atasoy ()
Renewable and Sustainable Energy Reviews, 2017, vol. 77, issue C, 731-747
It is widely believed that greenhouse gases contribute to a warmer climate. Since global warming is a serious threat and greenhouse gas emissions are one of the main causes of it, analyzing the effects of economic development on environment have great importance. In this study the validity of the Environmental Kuznets Curve (EKC) Hypothesis is tested for the 50 U.S. States during the 1960–2010 period using recent panel data estimators that take cross-sectional dependence and slope heterogeneity into account. Accordingly, the cross-sectional dependence and slope heterogeneity robust estimators Augmented Mean Group (AMG) and Common Correlated Effects Mean Group Estimator (CCEMG) provide mixed results. The AMG estimator strongly validates the EKC hypothesis asserting that the EKC holds in 30 of the 50 states with turning points for income per capita lie between $1292 and $48597 . On the contrary, the CCEMG estimator provides only weak evidence on the EKC hypothesis and the EKC holds only in 10 states with turning points between $2457 and $14603 .
Keywords: Environmental Kuznets Curve; Development; Energy; Environment; Emissions; Slope heterogeneity; Cross-sectional dependence; Panel data (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (34) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:rensus:v:77:y:2017:i:c:p:731-747
Ordering information: This journal article can be ordered from
http://www.elsevier. ... 600126/bibliographic
Access Statistics for this article
Renewable and Sustainable Energy Reviews is currently edited by L. Kazmerski
More articles in Renewable and Sustainable Energy Reviews from Elsevier
Bibliographic data for series maintained by Catherine Liu ().