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Economic Growth and Environmental Quality in a Post-Pandemic World - New Directions in the Econometrics of the Environmental Kuznets Curve (Hardcover)
Loot Price: R4,286
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Economic Growth and Environmental Quality in a Post-Pandemic World - New Directions in the Econometrics of the Environmental Kuznets Curve (Hardcover)
Series: Routledge Explorations in Environmental Economics
Expected to ship within 12 - 17 working days
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In response to the damage caused by a growth-led global economy,
researchers across the world started investigating the association
between environmental pollution and its possible determinants using
different models and techniques. Most famously, the environmental
Kuznets curve hypothesizes an inverted U-shaped association between
environmental quality and gross domestic product (GDP). This book
explores the latest literature on the environmental Kuznets curve,
including developments in the methodology, the impacts of the
pandemic, and other recent findings. Researchers have recently
broadened the range of the list of drivers of environmental
pollution under consideration, which now includes variables such as
foreign direct investment, trade expansion, financial development,
human activities, population growth, and renewable and nonrenewable
energy resources, all of which vary across different countries and
times. And in addition to CO2 emissions, other proxies for
environmental quality – such as water, land, and ecological
footprints – have been used in recent studies. This book also
incorporates analysis of the relationship between economic growth
and the environment during the COVID-19 crisis, presenting new
empirical work on the impact of the pandemic on energy use, the
financial sector, trade, and tourism. Collectively, these
developments have improved the direction and extent of the
environmental Kuznets curve hypothesis and broadened the basket of
dependent and independent variables which may be incorporated. This
book will be invaluable reading for researchers in environmental
economics and econometrics.
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