The environmental Kuznets curve : evidence from time series data for Germany
AbstractIn recent years, extensive literature on the Environmental Kuznets Curve lead- ing to optimistic policy conclusions has attracted great attention. However, the underlying cross-section estimations are not very reliable. Accordingly, this contribution uses time series data for a single country with dependable data quality : Germany. The results of the traditional reduced-form specification do not support the EKC hypothesis. However, with a specification in the tradi- tion of error correction models, which are more appropriate in the presence of non-stationary time series, it is found that the typical EKC pattern can be confirmed.
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Bibliographic InfoPaper provided by CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich in its series CER-ETH Economics working paper series with number 03/28.
Length: 39 pages
Date of creation: Sep 2004
Date of revision:
Environmental Kuznets Curve; Error Correction Model; Time Series Data;
Find related papers by JEL classification:
- Q00 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - General
- Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
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- NEP-AGR-2005-11-19 (Agricultural Economics)
- NEP-ALL-2005-11-19 (All new papers)
- NEP-ENE-2005-11-19 (Energy Economics)
- NEP-ENV-2005-11-19 (Environmental Economics)
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