EconPapers    
Economics at your fingertips  
 

A Dynamic Model of the Environmental Kuznets Curve: Turning Point and Public Poliy

Hannes Egli and Thomas Steger

No 04/33, CER-ETH Economics working paper series from CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich

Abstract: We set up a simple dynamic macroeconomic model with (i) polluting consump- tion and a preference for a clean environment, (ii) increasing returns in abate- ment giving rise to an EKC and (iii) sustained growth resulting from a linear final-output technology. The model captures two sorts of market failures caused by external effects associated with consumption and environmental effort. This model is employed to investigate the determinants of the turning point and the (relative) effectiveness of different public policy measures aimed at a reduction of the environmental burden. Moreover, the model offers a potential explana- tion of an N-shaped pollution-income relation. Finally, it is shown that the model is compatible with most empirical regularities on economic growth and the environment.

Keywords: Environmental Kuznets Curve; Pollution; Abatement; External Ef- fects; Economic Growth; Public Policy (search for similar items in EconPapers)
JEL-codes: O4 Q5 (search for similar items in EconPapers)
Pages: 23 pages
Date: 2004-07, Revised 2005-05
New Economics Papers: this item is included in nep-env and nep-res
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.cer.ethz.ch/research/wp_04_33.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not found UA (http://www.cer.ethz.ch/research/wp_04_33.pdf [301 Moved Permanently]--> https://www.cer.ethz.ch/research/wp_04_33.pdf [301 Moved Permanently]--> https://cer.ethz.ch/research/wp_04_33.pdf)

Related works:
Journal Article: A Dynamic Model of the Environmental Kuznets Curve: Turning Point and Public Policy (2007) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eth:wpswif:04-33

Access Statistics for this paper

More papers in CER-ETH Economics working paper series from CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich Contact information at EDIRC.
Bibliographic data for series maintained by ().

 
Page updated 2024-10-01
Handle: RePEc:eth:wpswif:04-33