Monday, April 14, 2025
From a paper by Luca Bettarelli, Davide Furceri, Prakash Loungani, Jonathan D. Ostry and Loredana Pisano:
“In this paper, we first test the validity of the Environmental Kuznets Curve (EKC) hypothesis, using a large sample of approximately 190 advanced and developing countries, over a period of 34 years (1989-2022). We find that (CO 2 ) emissions respond positively to increasing income per capita, up to a turning point of approximately US$25,000. In a departure from the previous literature, we allow the relationship between economic development and emissions to depend on the stringency of environmental regulation.”
Posted by at 10:54 AM
Labels: Energy & Climate Change
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