The Kuznets U-curve hypothesis: some panel data evidence
AbstractIn this paper Kuznet's U-curve hypothesis is tested on two unbalanced panel data sets of 47 and 62 countries, for the period 1970-93, using two-way fixed and random effects models. Several competing model specifications are estimated and the one best fitting the data is selected by appropriate model selection procedures. It is shown that there is no hard empirical evidence to support the usual econometric model formulations and the U-curve hypothesis.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics Letters.
Volume (Year): 5 (1998)
Issue (Month): 11 ()
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Other versions of this item:
- Matyas, L. & Konya, L. & Macquarie, L., 1997. "The Kuznets U-Curve Hypothesis: Some Panel Data Evidence," Monash Econometrics and Business Statistics Working Papers 7/97, Monash University, Department of Econometrics and Business Statistics.
- C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
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- Luis Angeles, 2007. "A proper farewell to Kuznets' hypothesi," Working Papers 2007_15, Business School - Economics, University of Glasgow.
- Muhammad, Shahbaz & Tiwari, Aviral & Muhammad, Nasir, 2011. "The effects of financial development, economic growth, coal consumption and trade openness on environment performance in South Africa," MPRA Paper 32723, University Library of Munich, Germany, revised 10 Aug 2011.
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