Economic Growth and the Environment: An Empirical Analysis

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Springer Science & Business Media, Dec 6, 2012 - Business & Economics - 247 pages
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.
 

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Contents

Figures
1
Theories and concepts
15
Interactions between economic and environmental systems
41
and the environment and distinguished research areas
50
issues
57
The environmental Kuznets curve hypothesis 77
76
revising the environmental Kuznets curve
99
A Critical values for various tests
118
Trends of dematerialisation and rematerialisation
137
a tool to investigate the relationship
163
A Numerical example arbitrary units
183
Driving forces underlying reductions in sulphur emissions
185
Industrial restructuring and the reduction of heavy metal emissions
201
Conclusions
220
References
231
Copyright

Short and longterm effects of economic growth on pollution
121

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