A Modified Environmental Kuznets Curve for sustainable development assessment using panel data

Valeria Costantini · Chiara Martini

60 citations0/0 files storedInternational Journal of Global Environmental Issues

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Energy, Environment, Economic Growth Efficiency Analysis Using DEA Sustainable Development and Environmental Policy

Abstract

Many empirical studies have tried to analyse the causal relations between economic growth and environmental degradation by using the Environmental Kuznets Curve (EKC). Despite the huge diffusion of EKC studies, this model has been criticised for incompleteness in a sustainable development context. The aim of this paper is to build a Modified EKC (MEKC) including well-being aspects and sustainability of the development process, based on a panel dataset. Finally, an indicator for technological capabilities has been added, accounting for the role of diffusion of technical progress. Comparing the turning points of the, respectively, MEKC and EKC, some useful policy implications apply.

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References

1994Economic Growth and the Environment 2019Economic Growth and Income Inequality 2004The Rise and Fall of the Environmental Kuznets Curve 2004Environmental Kuznets Curve Hypothesis: A Survey 1994Environmental Quality and Development: Is There a Kuznets Curve for Air Pollution Emissions?2002Confronting the Environmental Kuznets Curve 1996Economic growth and environmental degradation: The environmental Kuznets curve and sustainable development 2003Governance Matters III: Governance Indicators for 1996–2002

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