Presentation Title

Revisiting the Environmental Kuznets Curve

Presenter Information

Ivan VazquezFollow

Faculty Mentor

Roger White

Start Date

18-11-2017 9:30 AM

End Date

18-11-2017 9:45 AM

Location

15-1807

Session

Social Science 2

Type of Presentation

Oral Talk

Subject Area

behavioral_social_sciences

Abstract

Pollution and economic growth are often affiliated as demonstrated by the Environmental Kuznets Curve. Analysis of the Environmental Kuznets Curve is important to note if there are singular or multiple trends regarding economic growth measured by GDP per capita and pollution. Some problems that are often faced when analyses are preformed are the measurements of pollution along with limited definition of the EKC. Some important factors are the use of multiple and combined of pollution measurements. Pollution measurements as well as GDP per capita have been obtained from the World Bank’s World Development Index. The analysis used econometrics to perform regressions using linear and logarithmic specifications and observing if either quadratic or cubic expressions more accurately express the nature of the trend. Using both measurements across countries and regions indicates that there is not a singular representation of the EKC. The EKC is rather limiting considering it can only reflect the relationship between two variables when there is much more that feeds into either question of pollution and GDP per capita. For one, it does not address income inequality or variance in one pollutant and the next.

Summary of research results to be presented

The Environmental Kuznets Curve behaves differently in different countries and does not exist in certain cases. Analysis of those outliers arises and the conclusion is drawn that the EKC is simply a model that does not comprehensively define the relationship between GDP per capita and pollution.

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Nov 18th, 9:30 AM Nov 18th, 9:45 AM

Revisiting the Environmental Kuznets Curve

15-1807

Pollution and economic growth are often affiliated as demonstrated by the Environmental Kuznets Curve. Analysis of the Environmental Kuznets Curve is important to note if there are singular or multiple trends regarding economic growth measured by GDP per capita and pollution. Some problems that are often faced when analyses are preformed are the measurements of pollution along with limited definition of the EKC. Some important factors are the use of multiple and combined of pollution measurements. Pollution measurements as well as GDP per capita have been obtained from the World Bank’s World Development Index. The analysis used econometrics to perform regressions using linear and logarithmic specifications and observing if either quadratic or cubic expressions more accurately express the nature of the trend. Using both measurements across countries and regions indicates that there is not a singular representation of the EKC. The EKC is rather limiting considering it can only reflect the relationship between two variables when there is much more that feeds into either question of pollution and GDP per capita. For one, it does not address income inequality or variance in one pollutant and the next.