期刊名称:International Journal of Energy Economics and Policy
电子版ISSN:2146-4553
出版年度:2021
卷号:11
期号:4
页码:51-58
DOI:10.32479/ijeep.11156
出版社:EconJournals
摘要:The Environmental Kuznets Curve (EKC) shows the relationship between economic development, which is proxied in per capita income, and environmental quality. This study aims to view the existence of the EKC by arranging the distribution of 62 countries into four sub-samples based on per capita income from 1992 to 2017. By applying panel data, the model uses the Error Correction Mechanism (ECM) method to see the effect of economic growth on environmental quality (CO 2 emission) in both the short and the long term. The results show that the EKCs on our four sub-samples used are not conclusive, and are more likely to refer to the “N” pattern. This result confirms that the impetus of development at a higher level will lead to a degradation of environmental quality. Therefore, policy intervention becomes an important thing.
其他摘要:The Environmental Kuznets Curve (EKC) shows the relationship between economic development, which is proxied in per capita income, and environmental quality. This study aims to view the existence of the EKC by arranging the distribution of 62 countries into four sub-samples based on per capita income from 1992 to 2017. By applying panel data, the model uses the Error Correction Mechanism (ECM) method to see the effect of economic growth on environmental quality (CO 2 emission) in both the short and the long term. The results show that the EKCs on our four sub-samples used are not conclusive, and are more likely to refer to the “N” pattern. This result confirms that the impetus of development at a higher level will lead to a degradation of environmental quality. Therefore, policy intervention becomes an important thing.
其他关键词:Macroeconomics; Government Policy; Sustainable Economic Growth; Environmental Economics; Panel Data