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The Environmental Kuznets Curve for Water Quality: An Analysis of its Appropriateness Using Unit Root and Cointegration Tests

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  • Granda, Catalina
  • Pérez, Luis Guillermo
  • Munoz, Juan Carlos

Abstract

Resumen: La hipótesis de la Curva Ambiental de Kuznets sugiere la existencia una relación en forma de U invertida entre la degradación ambiental y el ingreso. Algunos economistas asumen que el crecimiento económico revertirá los impactos ambientales de las primeras etapas del desarrollo económico. No obstante, Perman y Stern (2003) argumentan que los métodos econométricos empleados en los primeros análisis de la EKC son inapropiados debido a las propiedades temporales de las series. Este artículo analiza la conformidad de la EKC para un panel de 46 países y 21 períodos mediante la implementación de pruebas de raíces unitarias y de cointegración a nivel individual y del panel. También se estima un Vector de Corrección de Errores. Los resultados obtenidos no corroboran la evidencia de una EKC común para el conjunto de países estudiados

Suggested Citation

  • Granda, Catalina & Pérez, Luis Guillermo & Munoz, Juan Carlos, 2008. "The Environmental Kuznets Curve for Water Quality: An Analysis of its Appropriateness Using Unit Root and Cointegration Tests," Revista Lecturas de Economía, Universidad de Antioquia, CIE, November.
    • Handle: RePEc:col:000174:005342
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    3. Prathibha Joshi & Kris Aaron Beck, 2015. "Biological Oxygen Demand and Economic Growth: An Empirical Investigation," Water Economics and Policy (WEP), World Scientific Publishing Co. Pte. Ltd., vol. 1(02), pages 1-15.

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    More about this item

    Keywords

    Curva ambiental de Kuznets; crecimiento económico; pruebas de raíz unitaria y cointegración en panel de datos;
    All these keywords.

    JEL classification:

    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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