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

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  • Valeria Costantini
  • Chiara Martini

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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Bibliographic Info

Article provided by Inderscience Enterprises Ltd in its journal International Journal of Global Environmental Issues.

Volume (Year): 10 (2010)
Issue (Month): 1 (January)
Pages: 84-122

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Handle: RePEc:ids:ijgenv:v:10:y:2010:i:1:p:84-122

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Web page: http://inderscience.metapress.com/link.asp?target=journal&id=110856

Related research

Keywords: modified EKC; environmental Kuznets curve; sustainable development; human development; genuine savings; panel data; sustainability; economic growth; human well-being; technological capabilities; technical diffusion;

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Cited by:
  1. Awudu Abdulai & Linda Ramcke, 2009. "The Impact of Trade and Economic Growth on the Environment: Revisiting the Cross-Country Evidence," Kiel Working Papers 1491, Kiel Institute for the World Economy.
  2. Awudu Abdulai & Linda Ramcke, 2008. "New Empirical Evidence for the Impact of Trade and Economic Growth on the Environment," DEGIT Conference Papers c013_022, DEGIT, Dynamics, Economic Growth, and International Trade.

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