A note on Testing Environmental Kuznets Curves with Panel Data
2003-09-04
Research Report
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This paper casts doubt on empirical results based on panel estimations of an "inverted-U" relationship between per capita GDP and pollution. Using a new data set for OECD countries on carbon dioxide emissions for the period 1960-1997, we find that the crucial assumption of homogeneity across countries is problematic. Decisively rejected are model specifications that feature even weaker homogeneity assumptions than are commonly used. Furthermore, our results challenge the existence of an overall Environmental Kuznets Curve for carbon dioxide emissions.
Keywords
Classifications using
Journal of Economic Literature (JEL) Classification System
- C35 : Discrete Regression and Qualitative Choice Models; Discrete Regressors
- O50 : Economywide Country Studies: General
- Q40 : Energy: General
Automatically Extracted Terms
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- co 2 emissions
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- trend
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- result
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