The environmental Kuznets curve in the OECD: 1870-2014

Awaworyi Churchill, S, Inekwe, J, Ivanovski, K and Smyth, R 2018, 'The environmental Kuznets curve in the OECD: 1870-2014', Energy Economics, vol. 75, pp. 389-399.

Document type: Journal Article
Collection: Journal Articles

Title The environmental Kuznets curve in the OECD: 1870-2014
Author(s) Awaworyi Churchill, S
Inekwe, J
Ivanovski, K
Smyth, R
Year 2018
Journal name Energy Economics
Volume number 75
Start page 389
End page 399
Total pages 11
Publisher Elsevier
Abstract Carbon dioxide (CO2) emissions play an important role in global warming. Consequently, studying the relationship between CO2 emissions and economic development is important, especially when viewed from a historical perspective. We test the Environmental Kuznets Curve (EKC) hypothesis for a panel of 20 OECD nations, dating back to the first globalization boom in the nineteenth century. Utilising recently developed panel data estimators that account for cross-sectional dependence and parameter heterogeneity, for the period 1870 to 2014, we find support for the EKC hypothesis for the panel as a whole with three of our preferred four estimators, with turning points in income per capita that lie between $18,955 and $89,540 (in 1990 US$). Country-specific results, however, only provide mixed support for the EKC hypothesis. Specifically, we find evidence of an EKC for nine of the 20 countries, with five exhibiting a traditional inverted U-shaped relationship, three exhibiting an N-shaped relationship and one, an inverted N-shaped relationship.
Subject Environment and Resource Economics
Applied Economics not elsewhere classified
DOI - identifier 10.1016/j.eneco.2018.09.004
Copyright notice © 2018 Elsevier B.V. All rights reserved.
ISSN 0140-9883
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