The Environmental Kuznets Curve

Chiara Martini

QA - Rivista dell'Associazione Rossi-Doria, 2006, issue 3

Abstract: The Environmental Kuznets Curve (EKC) represents a much debated research hypothesis. The article reviews the literature, starting from the theoretical background, represented by optimal growth models, models with environment as a factor of production, endogenous growth models and other macroeconomic models. The main criticisms of the EKC hypothesis are analyzed making distinction between the theoretical – with omission of variables and matters of irreversibility – and the methodological ones, regarding, for example, the appropriate measurement of examined variables, econometric problems, and the existence of non-univocal results. The article continues with the potential regulatory contributions to be derived from the EKC, whose main feature is to ascertain the feasibility of policies combining economic growth and defence of the environment.

Keywords: Environmental Kuznets Curve; Economic Growth; Environmental Degradation (search for similar items in EconPapers)
JEL-codes: O13 Q01 Q56 (search for similar items in EconPapers)
Date: 2006
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:rar:journl:0040

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