Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/155226
Authors: 
Dijkgraaf, Elbert
Vollebergh, Herman R. J.
Year of Publication: 
2001
Series/Report no.: 
Nota di Lavoro, Fondazione Eni Enrico Mattei 63.2001
Abstract: 
This paper casts doubt on empirical results based on panel estimations of an "inverted-U" relationship between per capita GDP and pollution. Using a new data set for OECD countries on carbon dioxide emissions for the period 1960-1997, we find that the crucial assumption of homogeneity across countries is problematic. Decisively rejected are model specifications that feature even weaker homogeneity assumptions than are commonly used. Furthermore, our results challenge the existence of an overall Environmental Kuznets Curve for carbon dioxide emissions.
Subjects: 
Environmental Kuznets Curves
panel data
heterogeneity
JEL: 
C33
O50
Q40
Document Type: 
Working Paper

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