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The environmental Kuznets curve (EKC) is a hypothesis stating that pollution rises with income at low levels of income but falls at higher income levels. If this hypothesis were true, economic growth would finally be good for the environment. But is this hypothesis correct? For which pollutants does the EKC exist and for which pollutants is the pollution-income relationship monotonically rising? Why does the EKC hypothesis apply to some, but not to other pollutants? The author first surveys the empirical and theoretical literature. He also analyses which theoretical causes of the EKC are empirically validated. after introducing a method for solving static models with milder assumptions about the ordinal, instead of the cardinal utility function, the author offers further explanations of the EKC. In one static and in two dynamic models he analyses the (intertemporal) choice between consumpation and abatement. He also explores an overlapping generations model with two pollutants. From this analysis conclusions about the pollution-income relationship for different types of pollutants are drawn. These conclusions are especially important for policy-makers.

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The environmental Kuznets curve (EKC) is a hypothesis stating that pollution rises with income at low levels of income but falls at higher income levels. If this hypothesis were true, economic growth would finally be good for the environment. But is this hypothesis correct? For which pollutants does the EKC exist and for which pollutants is the pollution-income relationship monotonically rising? Why does the EKC hypothesis apply to some, but not to other pollutants? The author first surveys the empirical and theoretical literature. He also analyses which theoretical causes of the EKC are empirically validated. after introducing a method for solving static models with milder assumptions about the ordinal, instead of the cardinal utility function, the author offers further explanations of the EKC. In one static and in two dynamic models he analyses the (intertemporal) choice between consumpation and abatement. He also explores an overlapping generations model with two pollutants. From this analysis conclusions about the pollution-income relationship for different types of pollutants are drawn. These conclusions are especially important for policy-makers.

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Product Details

General

Imprint

Peter Lang Publishing

Country of origin

United States

Series

European University Studies: Series 5, Economics and Managem, 3040

Release date

2004

Availability

Supplier out of stock. If you add this item to your wish list we will let you know when it becomes available.

Authors

Format

Paperback - Trade

Pages

519

ISBN-13

978-0-8204-7010-8

Barcode

9780820470108

Languages

value, value

Categories

LSN

0-8204-7010-4



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