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| Author: | Suri, V. Chapman, D. |
| Title: | Economic growth, trade and energy: implications for the environmental Kuznets curve. |
| Journal: | Ecological Economics
1998 : MAY, VOL. 25:2, p. 195-208 |
| Index terms: | ENVIRONMENTAL ECONOMICS ENVIRONMENTAL QUALITY POLLUTION CONTROL ECONOMETRICS |
| Language: | eng |
| Abstract: | The environmental Kuznets curve (EKC) hypothesis asserts that pollution follows an inverted-U path with respect to economic growth. The EKC has been explained in terms of structural changes in the composition of economic output and increased environmental regulation at higher income levels. This article attempts to econometrically quantify the effect using pooled cross-country and time-series data. It was found that while both industrializing and industrialized countries have added to their energy requirements by exporting manufactured goods, the growth has been substantially higher in the former. At the same time, industrialized countries have been able to reduce their energy requirements by importing manufactured goods. |
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