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Exploring the link between environmental pollution and economic growth in EU-28 countries: Is there an environmental Kuznets curve?

机译:探索欧盟28国环境污染与经济增长之间的联系:是否存在环境库兹涅茨曲线?

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摘要

This study examines the Environmental Kuznets Curve hypothesis (EKC), considering the primary energy consumption among other country-specific variables, for a panel of the EU-28 countries during the period 1990–2014. By estimating pooled OLS regressions with Driscoll-Kraay standard errors in order to account for cross-sectional dependence, the results confirm the EKC hypothesis in the case of emissions of sulfur oxides and emissions of non-methane volatile organic compounds. In addition to pooled estimations, the output of fixed-effects regressions with Driscoll-Kraay standard errors support the EKC hypothesis for greenhouse gas emissions, greenhouse gas emissions intensity of energy consumption, emissions of nitrogen oxides, emissions of non-methane volatile organic compounds and emissions of ammonia. Additionally, the empirical findings from panel vector error correction model reveal a short-run unidirectional causality from GDP per capita growth to greenhouse gas emissions, as well as a bidirectional causal link between primary energy consumption and greenhouse gas emissions. Furthermore, since there occurred no causal link between economic growth and primary energy consumption, the neo-classical view was confirmed, namely the neutrality hypothesis.
机译:这项研究考察了1990-2014年期间欧盟28个国家/地区小组的环境库兹涅茨曲线假说(EKC),其中考虑了其他国家/地区变量中的主要能源消耗。通过用Driscoll-Kraay标准误差估计汇总的OLS回归以解决横截面依赖性,结果证实了排放硫氧化物和排放非甲烷挥发性有机化合物时的EKC假设。除了汇总估算值外,具有Driscoll-Kraay标准误的固定效应回归输出支持EKC假设,包括温室气体排放,温室气体能源消耗强度,氮氧化物排放,非甲烷挥发性有机化合物排放以及排放氨。此外,面板矢量误差校正模型的经验发现揭示了人均GDP增长与温室气体排放之间的短期单向因果关系,以及一次能源消耗与温室气体排放之间的双向因果关系。此外,由于经济增长与一次能源消费之间没有因果关系,因此证实了新古典观点,即中立性假设。

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