CEU Electronic Theses and Dissertations, 2011
| Author | Batinova, Lyudmila |
|---|---|
| Title | An Empirical Analysis of the Interaction Between Economic Performance and Environmental Quality |
| Summary | In this study the Environmental Kuznets Curve is tested. It is a relationship between economic performance and environmental quality. This research solves the main problem that is connected with the EKC theory that is endogeneity of the main variables. Also the basic model is expanded to the extent that technology and Kyoto Protocol effects on CO2 gas emission are captured. The study is conducted on the panel data of 114 countries for the period of 1993-2007. Empirical testing procedure consisted of three model specifications (time FEs, country and time FEs, linear country and time FEs) and two estimation techniques (OLS and 2SLS). As the result, through 2SLS method evidence for inverted U-shape Environmental Kuznets Curve is obtained. In addition study shows that exploration of the EKC can be improved in the sphere of technological progress inclusion into the model. The Kyoto Protocol impact is estimated to be almost marginally significant. |
| Supervisor | Mátyás László |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2011/batinova_lyudmila.pdf |
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