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The Environmental Kuznets Curve Hypothesis in Industrialized Countries: A Second Generation Econometric Approach
2022
Journal:  
International Journal of Economics and Financial Issues
Author:  
Abstract:

Abstract This study contributes to the analysis of the Environmental Kuznets hypothesis (EKC) for 31 industrialized countries during 1980-2019 using long-term static and dynamic panel data methods. According to Pesaran's CD tests, the CSD issue is present in all variables. The EKC model had a long-run relationship, according to the results of the second-generation Pesaran CIPS unit roots and Westerlund tests. The estimation results of the static model (MG) and dynamic models (CS-DL and CS-ARDL) reached the same conclusion as the reliability of the EKC hypothesis, implying that environmental pollution and economic growth are linked in an inverted N-letter shape.

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2022
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International Journal of Economics and Financial Issues

Field :   Sosyal, Beşeri ve İdari Bilimler

Journal Type :   Uluslararası

Metrics
Article : 2.501
Cite : 2.527
2023 Impact : 0.057
International Journal of Economics and Financial Issues