ENDOGENOUS GROWTH MODELS AND THE ENVIRONMENTAL KUZNETS CURVE: AN ANALYSIS OF GLOBAL ENVIRONMENTAL SUSTAINABILITY

Fertilizer consumption per cubic meter of freshwater is taken as a proxy for global water quality indicator. A global model of environmental quality for 121 countries confirms the Kuznet's hypothesis. Global turning point is reached at nearly five times the average income of all countries. Foreign Direct Investment (FDI) was significant to increase the national income. Increased aid and larger farm size per capita favored higher environmental quality, albeit insignificant. A flow of better technology and possible non-agricultural employment might help improve water quality in developing countries when their net income increases.


Issue Date:
2003
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/22212
Total Pages:
12
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-08-24

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