Transitional Dynamics Towards Sustainability: Reconsidering the EKC Hypothesis

The Environmental Kuznets Curve (EKC) hypothesis is one of the most debated economic issues. Despite its fascinating appeal for any policy maker, neither theoretical nor certain empirical evidence has been found to clean up all doubt. The aim of this paper is to present an economy where environmental quality and polluting emissions do enter the maximisation problem, and provide a transitional dynamics analysis to pursue a new different version of the EKC, depending on the level of development finally achieved.


Issue Date:
2006
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/12017
Total Pages:
25
Series Statement:
CCMP Nota di Lavoro 129.2006




 Record created 2017-04-01, last modified 2017-08-23

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