Economic Growth and the Environmental Kuznets Curve in Taiwan: A Simultaneity Model Analysis

淡江大學機構典藏 > 商管學院 > 產業經濟學系暨研究所 > 專書之單篇 > Item 987654321/23961

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題名:	Economic Growth and the Environmental Kuznets Curve in Taiwan: A Simultaneity Model Analysis
作者:	Hung, Ming-feng;Shaw, Daigee
貢獻者:	淡江大學產業經濟學系
關鍵詞:	補正完畢
日期:	2004-09
上傳時間:	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
顯示於類別:	[產業經濟學系暨研究所] 專書之單篇

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