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Economic growth and environmental pressure: a worldwide panel analysis

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  • Bagliani Marco

    ()

  • Bravo Giangiacomo

    ()

  • Dalmazzone Silvana

    ()

  • Giaccaria Sergio

    ()

  • Golia Silvia

    ()
    (University of Turin)

Abstract

This paper deepens the consumption-based line of inquiry on the Environmental Kuznets Curve (EKC) question by means of a large panel dataset of world countries covering the 1961–2003 period. As indicator of environmental pressure, we employ ecological footprint estimates. The ecological footprint is a consumption-based measure, since it attributes the environmental impact of a given good or service to the final consumer, independently of where the supplying area is located. We measure income by means of per capita GDP expressed both in absolute and in purchasing power parity (PPP) terms. None of the estimated models show evidence of a de-linking between economic growth and environmental pressure for high levels of income. Hence, as a whole, our analysis does not support the EKC hypothesis.

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File URL: http://www.unito.it/unitoWAR/ShowBinary/FSRepo/D031/Allegati/WP2008Dip/12_WP_Bagliano_Bravo_Dalmazzone_Giaccaria_Goria.pdf
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Bibliographic Info

Paper provided by University of Turin in its series Department of Economics and Statistics Cognetti de Martiis. Working Papers with number 200812.

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Length: 16 pages
Date of creation: Nov 2008
Date of revision:
Handle: RePEc:uto:dipeco:200812

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References

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  1. Seth Binder & Eric Neumayer, 2003. "Environmental Pressure Group Strength and Air Pollution: An Empirical Analysis," Others 0312003, EconWPA, revised 25 Oct 2004.
  2. Perman, Roger & Stern, David I., 2003. "Evidence from panel unit root and cointegration tests that the Environmental Kuznets Curve does not exist," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 47(3), September.
  3. Bagliani, Marco & Bravo, Giangiacomo & Dalmazzone, Silvana, 2008. "A consumption-based approach to environmental Kuznets curves using the ecological footprint indicator," Ecological Economics, Elsevier, vol. 65(3), pages 650-661, April.
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  22. Maddala, G S & Wu, Shaowen, 1999. " A Comparative Study of Unit Root Tests with Panel Data and a New Simple Test," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 61(0), pages 631-52, Special I.
  23. Galeotti, Marzio & Lanza, Alessandro & Pauli, Francesco, 2006. "Reassessing the environmental Kuznets curve for CO2 emissions: A robustness exercise," Ecological Economics, Elsevier, vol. 57(1), pages 152-163, April.
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