FEEM working papers "Note di lavoro" series
2001 .067

Desperately Seeking (Environmental) Kuznets: a New Look at the Evidence


Authors: Marzio Galeotti, Alessandro Lanza, Francesco Pauli
Series: Climate Change and Sustainable Development
Editor: Carlo Carraro
Type: Journal
Keywords: Environment,growth,CO2 emissions,panel data
JEL n.: O13,Q30,Q32,C12,C23
JEL: Ecological Economics
Pages: 57, 152-163
Date: 2006

Abstract

The number of studies seeking to empirically characterize the reduced-form relationship between a country economic growth and the quantity of pollutants produced in the process has recently increased significantly. In several cases researchers have found evidence pointing to an inverted-U "environmental Kuznets" curve. In the case of a major greenhouse gas, CO2, however, the evidence is at best mixed. This paper attempts to shed further light on this issue by using a newly developed dataset on emissions and by employing a new highly flexible functional form.

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