Economic Growth and the Environmental Kuznets Curve in Taiwan: A Simultaneity Model Analysis
學年 93
學期 1
出版（發表）日期 2004-09-01
作品名稱 Economic Growth and the Environmental Kuznets Curve in Taiwan: A Simultaneity Model Analysis
作品名稱（其他語言）
著者 Hung, Ming-feng; Shaw, Daigee
單位 淡江大學產業經濟學系
出版者 Northhampton, Mass. : Edward Elgar Publishing
著錄名稱、卷期、頁數 Human Capital, Trade and Public Policy in Rapidly Growing Economies: From Theory to Empirics, pp.269-290
摘要 This paper uses panel data on Taiwan to examine the Environmental Kuznets
 Curve (EKC) relationship between per capita income and air pollution. In the EKC
 literature, EKC is always estimated in the form of a single equation. However, since
 both income and environmental quality are endogenous variables, i.e., they impact
 upon each other, the estimation of single equation relationships where simultaneity
 exists will produce biased and inconsistent estimates. We specify the channels
 through which Y (income) affects P (pollution) and P affects Y in a conceptual model and then formulate a two-equation simultaneous model for empirical research. We test for exogeneity with the Hausman test and estimate the simultaneity model using the
 two-stage least squares method. The inverted U-shaped relationships are found between NO2/CO and per capita income in Taiwan. As income grows, there is first an increase in the levels of NO2 and CO, followed by a decrease. Air pollution, however, does not significantly affect income.
關鍵字 補正完畢
語言 en
ISBN 1843768836
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