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The Environmental Kuznets Curve: Recycling and the Role of Habit Formation

Author

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  • Myrto Kasioumi

    (University of Guelph)

Abstract

"Our analysis focuses on a novel theoretical model which explains the relationship between pollution and output as well as recycling and output in the context of the Environmental Kuznets Curve (EKC) framework. Our model incorporates habit formation on recycling in a circular economy model and we find that the EKC is characterized by a downward sloping curve, while the recycling output curve by an increasing curve, results which are both in agreement with the general patterns of these curves supported by the literature."

Suggested Citation

  • Myrto Kasioumi, 2021. "The Environmental Kuznets Curve: Recycling and the Role of Habit Formation," Review of Economic Analysis, Digital Initiatives at the University of Waterloo Library, vol. 13(3), pages 367-387, October.
    • Handle: RePEc:ren:journl:v:13:y:2021:i:3:p:367-387
    DOI: https://doi.org/10.15353/rea.v13i3.4688
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    More about this item

    Keywords

    Recycling; Pollution; Economic Growth; Environmental Kuznets Curve (EKC); Circular Economy;
    All these keywords.

    JEL classification:

    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth

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