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Environmental Productivity and Kuznets Curve

In: The Economics of Sustainable Development

Author

Listed:
  • Surender Kumar

    (TERI University)

  • Shunsuke Managi

    (Yokohama National University)

Abstract

It has been a tough trade-off decision between economic growth and environmental protection, especially in developing countries. Tireless efforts to accelerate economic growth had kept environmental considerations as secondary objectives in policy making in these countries. This indifference towards environmental protection has led to serious environmental problems in developing countries and has threatened their sustainable future. For example, damage caused by pollution in India is estimated to cost $14 billion annually, amounting to close to 4.5%–6% of GDP (Economic Survey of India, 1998–1999). In response, many developing countries have begun to enact and implement environmental policies that regulate air and water pollution and solid waste disposal in order to limit the severity of environmental degradation. The stringency of these regulations has been increasing over the years.

Suggested Citation

  • Surender Kumar & Shunsuke Managi, 2009. "Environmental Productivity and Kuznets Curve," Natural Resource Management and Policy, in: The Economics of Sustainable Development, chapter 0, pages 185-201, Springer.
    • Handle: RePEc:spr:nrmchp:978-0-387-98176-5_11
    DOI: 10.1007/978-0-387-98176-5_11
    as

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