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    题名: Economic Growth and the Environmental Kuznets Curve in Taiwan: A Simultaneity Model Analysis
    作者: Hung, Ming-feng;Shaw, Daigee
    贡献者: 淡江大學產業經濟學系
    关键词: 補正完畢
    日期: 2004-09
    上传时间: 2009-11-30 18:00:33 (UTC+8)
    出版者: Northhampton, Mass. : Edward Elgar Publishing
    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.
    關聯: Human Capital, Trade and Public Policy in Rapidly Growing Economies: From Theory to Empirics, pp.269-290
    显示于类别:[產業經濟學系暨研究所] 專書之單篇

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