Theory of Environmental Kuznets Curve

Abstract:

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The paper develops a two-state-variable environmental growth model to derive the optimal growth path for the relationship between pollution and economic growth, which is used to verify the existence of the Environmental Kuznets Curve (EKC) hypothesis. It is found that the theoretical outcomes imply the existence of the EKC relationship between environmental degradation and economic growth, which is dependent on the combining effects of the pollution intensity, abatement technology of pollution emission, production technology, and the return rate of capital stock.

Info:

Periodical:

Advanced Materials Research (Volumes 361-363)

Edited by:

Qunjie Xu, Honghua Ge and Junxi Zhang

Pages:

1697-1702

DOI:

10.4028/www.scientific.net/AMR.361-363.1697

Citation:

L. Xu "Theory of Environmental Kuznets Curve", Advanced Materials Research, Vols. 361-363, pp. 1697-1702, 2012

Online since:

October 2011

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$35.00

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