The Environmental Kuznets Curve and Sustainable Economic Growth in Colombia
This paper seeks to empirically test the Environmental Kuznets Curve (EKC) hypothesis in the emissions of carbon dioxide (CO₂) and nitrous oxide (N₂O) during the period 1990-2012 for 217 economies, using the World Bank database. A panel data model was carried out under three alternatives (fixed effe...
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| Format: | Online |
| Language: | spa |
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Universidad Pedagógica y Tecnológica de Colombia
2021
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| Online Access: | https://revistas.uptc.edu.co/index.php/cenes/article/view/11387 |
| _version_ | 1801705964538167296 |
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| author | Gómez-Segura, Camilo Fabiam Cerquera-Losada, Oscar Hernán Acero-Cebay, Edwin Fernando |
| author_facet | Gómez-Segura, Camilo Fabiam Cerquera-Losada, Oscar Hernán Acero-Cebay, Edwin Fernando |
| author_sort | Gómez-Segura, Camilo Fabiam |
| collection | OJS |
| description | This paper seeks to empirically test the Environmental Kuznets Curve (EKC) hypothesis in the emissions of carbon dioxide (CO₂) and nitrous oxide (N₂O) during the period 1990-2012 for 217 economies, using the World Bank database. A panel data model was carried out under three alternatives (fixed effects, random effects and first differences). The results obtained show that there is an inverted U relationship between environmental pollution (CO₂ and N₂O) and Gross Domestic Product (GDP) per capita as a measure of economic growth, with the fixed effects method generating consistent estimates when applying the Hausman test. However, the relationship between pollution and economic growth presents too low decreasing returns, which generates high turning points, mainly in emissions from CO₂. |
| format | Online |
| id | oai:oai.revistas.uptc.edu.co:article-11387 |
| institution | Revista Apuntes del Cenes |
| language | spa |
| publishDate | 2021 |
| publisher | Universidad Pedagógica y Tecnológica de Colombia |
| record_format | ojs |
| spelling | oai:oai.revistas.uptc.edu.co:article-113872023-04-10T14:24:45Z The Environmental Kuznets Curve and Sustainable Economic Growth in Colombia La curva medioambiental de Kuznets y el crecimiento económico sostenible en Colombia Gómez-Segura, Camilo Fabiam Cerquera-Losada, Oscar Hernán Acero-Cebay, Edwin Fernando Environmental Kuznets Curve environmental pollution economic growth economic development technological change panel data curva medioambiental de Kuznets contaminación ambiental crecimiento económico desarrollo económico Cambio Tecnológico panel de datos This paper seeks to empirically test the Environmental Kuznets Curve (EKC) hypothesis in the emissions of carbon dioxide (CO₂) and nitrous oxide (N₂O) during the period 1990-2012 for 217 economies, using the World Bank database. A panel data model was carried out under three alternatives (fixed effects, random effects and first differences). The results obtained show that there is an inverted U relationship between environmental pollution (CO₂ and N₂O) and Gross Domestic Product (GDP) per capita as a measure of economic growth, with the fixed effects method generating consistent estimates when applying the Hausman test. However, the relationship between pollution and economic growth presents too low decreasing returns, which generates high turning points, mainly in emissions from CO₂. El presente trabajo busca comprobar empíricamente la hipótesis de la curva medioambiental de Kuznets (CMK) en las emisiones de dióxido de carbono (CO₂) y óxido nitroso (N₂O) durante el periodo 1990-2012 para 217 economías, utilizando la base de datos del Banco Mundial. Se realizó un modelo de datos panel bajo tres alternativas (efectos fijos, efectos aleatorios y primeras diferencias). Los resultados obtenidos muestran que existe una relación de U invertida entre la contaminación ambiental (CO₂ y N₂O) y el producto interno bruto (PIB) per cápita como medida de crecimiento económico, siendo el método de efectos fijos el que genera estimaciones consistentes al aplicar la prueba de Hausman. No obstante, la relación entre contaminación y crecimiento económico presenta rendimientos decrecientes muy bajos, lo cual genera elevados puntos de inflexión principalmente en las emisiones de CO₂. Universidad Pedagógica y Tecnológica de Colombia 2021-03-30 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer reviewed Article application/pdf text/xml https://revistas.uptc.edu.co/index.php/cenes/article/view/11387 10.19053/01203053.v40.n71.2021.11387 Apuntes del Cenes; Vol. 40 No. 71 (2021); 165-186 Apuntes del Cenes; Vol. 40 Núm. 71 (2021); 165-186 2256-5779 0120-3053 spa https://revistas.uptc.edu.co/index.php/cenes/article/view/11387/10566 https://revistas.uptc.edu.co/index.php/cenes/article/view/11387/11565 Copyright (c) 2021 Camilo Fabiam Gómez-Segura, Oscar Hernán Cerquera-Losada, Edwin Fernando Acero-Cebay http://creativecommons.org/licenses/by-nc-sa/4.0 |
| spellingShingle | Environmental Kuznets Curve environmental pollution economic growth economic development technological change panel data curva medioambiental de Kuznets contaminación ambiental crecimiento económico desarrollo económico Cambio Tecnológico panel de datos Gómez-Segura, Camilo Fabiam Cerquera-Losada, Oscar Hernán Acero-Cebay, Edwin Fernando The Environmental Kuznets Curve and Sustainable Economic Growth in Colombia |
| title | The Environmental Kuznets Curve and Sustainable Economic Growth in Colombia |
| title_alt | La curva medioambiental de Kuznets y el crecimiento económico sostenible en Colombia |
| title_full | The Environmental Kuznets Curve and Sustainable Economic Growth in Colombia |
| title_fullStr | The Environmental Kuznets Curve and Sustainable Economic Growth in Colombia |
| title_full_unstemmed | The Environmental Kuznets Curve and Sustainable Economic Growth in Colombia |
| title_short | The Environmental Kuznets Curve and Sustainable Economic Growth in Colombia |
| title_sort | environmental kuznets curve and sustainable economic growth in colombia |
| topic | Environmental Kuznets Curve environmental pollution economic growth economic development technological change panel data curva medioambiental de Kuznets contaminación ambiental crecimiento económico desarrollo económico Cambio Tecnológico panel de datos |
| topic_facet | Environmental Kuznets Curve environmental pollution economic growth economic development technological change panel data curva medioambiental de Kuznets contaminación ambiental crecimiento económico desarrollo económico Cambio Tecnológico panel de datos |
| url | https://revistas.uptc.edu.co/index.php/cenes/article/view/11387 |
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