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The Environmental Kuznets Curve Hypothesis in Industrialized Countries: A Second Generation Econometric Approach

Author

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  • Lotfi Mekhzoumi

    (University of El-Oued, El-Oued, Algeria)

  • Nadjoua Harnane

    (University of Khenchela, Khenchela, Algeria)

  • Abdellah Ayachi

    (University of El-Oued, El-Oued, Algeria)

  • Okba Abdellaoui

    (University of El-Oued, El-Oued, Algeria)

Abstract

This study contributes to the analysis of the Environmental Kuznets hypothesis (EKC) for 31 industrialized countries during 1980-2019 using long-term static and dynamic panel data methods. According to Pesaran's CD tests, the CSD issue is present in all variables. The EKC model had a long-run relationship, according to the results of the second-generation Pesaran CIPS unit roots and Westerlund tests. The estimation results of the static model (MG) and dynamic models (CS-DL and CS-ARDL) reached the same conclusion as the reliability of the EKC hypothesis, implying that environmental pollution and economic growth are linked in an inverted N-letter shape.

Suggested Citation

  • Lotfi Mekhzoumi & Nadjoua Harnane & Abdellah Ayachi & Okba Abdellaoui, 2022. "The Environmental Kuznets Curve Hypothesis in Industrialized Countries: A Second Generation Econometric Approach," International Journal of Economics and Financial Issues, Econjournals, vol. 12(2), pages 96-103, March.
    • Handle: RePEc:eco:journ1:2022-02-10
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    References listed on IDEAS

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    Cited by:

    1. Liton Chandra Voumik & Mohammad Iqbal Hossain & Md. Hasanur Rahman & Raziya Sultana & Rahi Dey & Miguel Angel Esquivias, 2023. "Impact of Renewable and Non-Renewable Energy on EKC in SAARC Countries: Augmented Mean Group Approach," Energies, MDPI, vol. 16(6), pages 1-19, March.
    2. Liton Chandra Voumik & Shohel Md. Nafi & Festus Victor Bekun & Murat Ismet Haseki, 2023. "Modeling Energy, Education, Trade, and Tourism-Induced Environmental Kuznets Curve (EKC) Hypothesis: Evidence from the Middle East," Sustainability, MDPI, vol. 15(6), pages 1-18, March.

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    More about this item

    Keywords

    EKC; MG; CCEMG; AMG; CS-DL; CS-ARDL;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General

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