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Environmental Kuznets Curve (EKC): A Manual provides a comprehensive summary of the EKC, summarizing work on this economic tool that can analyze environmental pollution problems. By enabling users to reconcile environmental and economic development policies, Environmental Kuznets Curve studies lend themselves to the investigation of the energy-growth and finance-energy nexus. The book obviates a dependence on outmoded tools, such as carrying capacity, externalities, ecosystem valuation and cost benefit analysis, while also encouraging flexible approaches to a variety of challenges. Provides a comprehensive summary of EKC studies, including advances in econometrics, literature reviews and historical perspectives Outlines solutions to common problems in applying EKC techniques by reviewing major case studies Explores frequently-utilized proxies for environmental quality
Environmental Kuznets Curve (EKC): A Manual provides a comprehensive summary of the EKC, summarizing work on this economic tool that can analyze environmental pollution problems. By enabling users to reconcile environmental and economic development policies, Environmental Kuznets Curve studies lend themselves to the investigation of the energy-growth and finance-energy nexus. The book obviates a dependence on outmoded tools, such as carrying capacity, externalities, ecosystem valuation and cost benefit analysis, while also encouraging flexible approaches to a variety of challenges. Provides a comprehensive summary of EKC studies, including advances in econometrics, literature reviews and historical perspectives Outlines solutions to common problems in applying EKC techniques by reviewing major case studies Explores frequently-utilized proxies for environmental quality
This book investigates the relationship between environmental degradation and income, focusing on carbon dioxide (CO2) emissions from around the world, to explore the possibility of sustainable development under global warming. Although many researchers have tackled this problem by estimating the Environmental Kuznets Curve (EKC), unlike the approach to sulfur dioxide emissions, there seems to be little consensus about whether EKC is formed with regard to CO2 emissions. Thus, EKC is one of the most controversial issues in the field of environmental economics. This book contributes three points with academic rigor. First, an unbalanced panel dataset containing over 150 countries with the latest CO2 emission data between 1960 and 2010 is constructed. Second, based on this dataset, the CO2 emission–income relationship is analyzed using strict econometric methods such as the dynamic panel model. Third, as it is often pointed out that some factors other than income affect CO2 emission, several variables were added to the estimation model to examine the effects of changes of industrial structure, energy composition, and overseas trade on CO2 emission.
Is economic growth good for the environment? A number of economists have claimed that economic growth can benefit the environment, recruiting political support and finance for environmental policy measures. This view has received increasing support since the early 1990s from empirical evidence that has challenged the traditional environmentalist's belief that economic growth degrades the environment. This book reviews the theoretical and empirical literature on growth and the environment, giving an in-depth empirical treatment of the relationship between the two. Various hypotheses are formulated and tested for a number of indicators of environmental pressure. The test results indicate that alternative models and estimation methods should be used, altering previous conclusions about the effect of economic growth on the environment and offering an insight into the forces driving emission reduction in developed countries.
Companion to Environmental Studies presents a comprehensive and interdisciplinary overview of the key issues, debates, concepts, approaches and questions that together define environmental studies today. The intellectually wide-ranging volume covers approaches in environmental science all the way through to humanistic and post-natural perspectives on the biophysical world. Though many academic disciplines have incorporated studying the environment as part of their curriculum, only in recent years has it become central to the social sciences and humanities rather than mainly the geosciences. ‘The environment’ is now a keyword in everything from fisheries science to international relations to philosophical ethics to cultural studies. The Companion brings these subject areas, and their distinctive perspectives and contributions, together in one accessible volume. Over 150 short chapters written by leading international experts provide concise, authoritative and easy-to-use summaries of all the major and emerging topics dominating the field, while the seven part introductions situate and provide context for section entries. A gateway to deeper understanding is provided via further reading and links to online resources. Companion to Environmental Studies offers an essential one-stop reference to university students, academics, policy makers and others keenly interested in ‘the environmental question’, the answer to which will define the coming century.
It is possible to "grow out of" some environmental problems, but there is nothing automatic about doing so. Action tends to be taken where there are generalized local costs and substantial private and social benefit. Where the costs of environmental degredation are borne by others (by the poor or by other countries), there are few incentives to alter damaging behavior. Trade, debt, and other macroeconomic policy variables seem to have little generalized effect on the environment.
In general, a reduction in trade barriers will affect the environment by expanding the scale of economic activity, by altering the composition of economic activity and by initiating a change in the techniques of production. We present empirical evidence to assess the relative magnitudes of these three effects as they apply to further trade liberalization in Mexico. We first use comparable measures of three air pollutants in a cross-section of urban areas located in 42 countries to study the relationship between air quality and economic growth. We find for two pollutants (sulphur dioxide and 'smoke') that concentrations increase with per capita GDP at low levels of national income, but decrease with GDP growth at higher levels of income. We then study the determinants of the industry pattern of US imports from Mexico and of value added by Mexico's maquiladora sector. We investigate whether the size of pollution abatement costs in US industry influences the pattern of international trade and investment. Finally, we use the results from a computable general equilibrium model to study the likely compositional effect of a North American Free Trade Agreement (NAFTA) on pollution in Mexico.
Environmental Sustainability and Economy contains the latest practical and theoretical concepts of sustainability science and economic growth. It includes the latest research on sustainable development, the impact of pollution due to economic activities, energy policies and consumption influencing growth and environment, waste management and recycling, circular economy, and climate change impacts on both the environment and the economy. The 21st century has seen the rise of complex and multi-dimensional pathways between different aspects of sustainability. Due to globalization, these relationships now work at varying spatiotemporal scales resulting in global and regional dynamics. This book explores the complex relationship between sustainable development and economic growth, linking the environmental and social aspects with the economic pillar of sustainable development. Utilizing global case studies and interdisciplinary perspectives, Environmental Sustainability and Economy provides a comprehensive account of sustainable development and the economics of environmental protection studies with a focus on the environmental, geographical, economic, anthropogenic and social-ecological environment. Includes extensive interdisciplinary coverage, including intersectional topics such as environmental pollution and economic growth, resource utilization and circular economy, climate change and emissions, and sustainable solutions and green behavior Discusses market innovations and strategies through the lens of global case studies in sustainability and economic growth Bridges the gap between environmental studies and economics to reflect sustainable practices for enhancing environmental protection in response to climate change