The Ups and Downs of the Environmental Kuznets Curve
Abstract
By now the observation that some pollutants appear to increase and then decrease with economic development has become a widely accepted stylized fact. This paper argues that the fundamental insight of the empirical literature is merely that pollution does not necessarily increase with economic growth, and that the fundamental insight of the theoretical literature is that the observed inverse-U-shaped pollution-income relationship is neither necessary nor sufficient for Pareto-efficient environmental policies. Furthermore, the inverse-U-shaped path is not unique to environmental phenomenon, and may exist wherever a desirable good generates an undesirable side-effect. Finally, all of these points can be made without most of the econometric or theoretical mechanics that fill this literature.Download Info
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Paper provided by Georgetown University, Department of Economics in its series Working Papers with number gueconwpa~01-01-08.Length:
Date of creation: 08 Jan 2001
Date of revision:
Handle: RePEc:geo:guwopa:gueconwpa~01-01-08
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Postal: Marcia Suss Administrative Officer Georgetown University Department of Economics Washington, DC 20057-1036
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Citations
Blog mentions
As found by EconAcademics.org, the blog aggregator for Economics research:- Modelo de Robinson Crusoé Sustentável
by Guilherme Byrro Lopes in Economia e Finanças Fáceis on 2011-08-27 12:00:00
Cited by:
- Nektarios Aslanidis, 2009. "Environmental Kuznets Curves for Carbon Emissions: A Critical Survey," Working Papers 2009.75, Fondazione Eni Enrico Mattei.
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044, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics].
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- Marzio Galeotti & Matteo Manera & Alessandro Lanza, 2006.
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Working Papers
20060501, Università degli Studi di Milano-Bicocca, Dipartimento di Statistica, revised May 2006.
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- Nektarios Aslanidis & Anastasios Xepapadeas, . "Regime Switching and the Shape of the," Working Papers 0206, University of Crete, Department of Economics, revised 31 Mar 2003.
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