Abstract
The
relationship between environmental quality and economic growth has been
empirically modeled through emissions–income relationship so far, and the
outcome of most of these studies has been formulated by the so called
environmental Kuznets curve (EKC) hypothesis. According to the environmental
Kuznets curve hypothesis, the relationship between per-capita GDP and per
capita pollutant emissions has a U shape, an inverted-U shape, a N shape and an
inverted-N shape. This implies that, economic growth may be profitable for
environmental quality. The purpose of this study is to test whether the EKC
hypothesis is valid for Bosnia and Herzegovina. Firstly, EKC relationship for
CO2 emissions for Bosnia & Herzegovina, over a time period of 1992–2009,
has been tested and tried to determine
relationship between CO2 emissions–income. As a result of the analysis
EKC hypothesis is rejected and inverted N shaped relationship was found between
CO2 emissions–income.
Keywords
References
- Fodha, M., Zaghdoud, O., (2010). Economic growth and pollutant emissions in Tunisia: An empirical analysis of the environmental Kuznets curve. Energy Policy, 38,1150-1156.
- Grossman, G.M., Krueger, A.B., (1995). Economic growth and the environment. The Quarterly Journal of Economics, 110 (2), 353-377.
- Huang, W.M., Lee, G.W.M. & Wu, C.C., (2008). GHG emissions, GDP growth and the Kyoto Protocol: A revisit of Environmental Kuznets Curve hypothesis. Energy Policy, 36, 239-247.
- Kijima, M., Nishibe K. & Ohyama A., (2010). Economic modeling for the enviromental Kuznets curve: A survey. Journal of Economic Dynamics & Control, 34, 1187-1201.
- Komen, M.H., Gerking, S. & Folmer, H., (1997). Income and environmental R&D: empirical evidence from oecd countries. Environment and Development Economics, 2 (4), 505-515.
- Kuznets, S., (1955). Economic growth and income inequality. American Economic Review, 45 (1), 1–28.
- Ng, Y.-K., Wang, J., (1993). Relative income, aspiration, environmental quality, individual and political myopia: why may the rat-race for material growth be welfare-reducing?. Mathematical Social Sciences, 26 (1), 3-23.
- Roca, J., (2003). Do individual preferences explain the environmental Kuznets curve?. Ecological Economics, 45 (1), 3-10.
- Selden, T., Song, D., (1994). Environmental quality and development: is there a Kuznets curve for air pollution emis sions?. Journal of Environmental Economics and Management, 27, 147–162.
- Tisdell C., (2001). Globalisation and sustainability: environmental Kuznets curve and the WTO. Ecologial Economics, 39, 185-196.
Abstract
The
relationship between environmental quality and economic growth has been
empirically modeled through emissions–income relationship so far, and the
outcome of most of these studies has been formulated by the so called
environmental Kuznets curve (EKC) hypothesis. According to the environmental
Kuznets curve hypothesis, the relationship between per-capita GDP and per
capita pollutant emissions has a U shape, an inverted-U shape, a N shape and an
inverted-N shape. This implies that, economic growth may be profitable for
environmental quality. The purpose of this study is to test whether the EKC
hypothesis is valid for Bosnia and Herzegovina. Firstly, EKC relationship for
CO2 emissions for Bosnia & Herzegovina, over a time period of 1992–2009,
has been tested and tried to determine
relationship between CO2 emissions–income. As a result of the analysis
EKC hypothesis is rejected and inverted N shaped relationship was found between
CO2 emissions–income.
Keywords
References
- Fodha, M., Zaghdoud, O., (2010). Economic growth and pollutant emissions in Tunisia: An empirical analysis of the environmental Kuznets curve. Energy Policy, 38,1150-1156.
- Grossman, G.M., Krueger, A.B., (1995). Economic growth and the environment. The Quarterly Journal of Economics, 110 (2), 353-377.
- Huang, W.M., Lee, G.W.M. & Wu, C.C., (2008). GHG emissions, GDP growth and the Kyoto Protocol: A revisit of Environmental Kuznets Curve hypothesis. Energy Policy, 36, 239-247.
- Kijima, M., Nishibe K. & Ohyama A., (2010). Economic modeling for the enviromental Kuznets curve: A survey. Journal of Economic Dynamics & Control, 34, 1187-1201.
- Komen, M.H., Gerking, S. & Folmer, H., (1997). Income and environmental R&D: empirical evidence from oecd countries. Environment and Development Economics, 2 (4), 505-515.
- Kuznets, S., (1955). Economic growth and income inequality. American Economic Review, 45 (1), 1–28.
- Ng, Y.-K., Wang, J., (1993). Relative income, aspiration, environmental quality, individual and political myopia: why may the rat-race for material growth be welfare-reducing?. Mathematical Social Sciences, 26 (1), 3-23.
- Roca, J., (2003). Do individual preferences explain the environmental Kuznets curve?. Ecological Economics, 45 (1), 3-10.
- Selden, T., Song, D., (1994). Environmental quality and development: is there a Kuznets curve for air pollution emis sions?. Journal of Environmental Economics and Management, 27, 147–162.
- Tisdell C., (2001). Globalisation and sustainability: environmental Kuznets curve and the WTO. Ecologial Economics, 39, 185-196.
Details
| Journal Section | Articles |
|---|---|
| Authors | |
| Publication Date | October 1, 2014 |
| Published in Issue | Year 2014 Special Issue of XIV. International Symposium on Econometrics, Operations Research and Statistics |
Cite
Dergimiz EBSCOhost, ULAKBİM/Sosyal Bilimler Veri Tabanında, SOBİAD ve Türk Eğitim İndeksi'nde yer alan uluslararası hakemli bir dergidir.