The Environmental Kuznets Curve for Water Quality: An Analysis of its Appropriateness Using Unit Root and Cointegration Tests

Número: 
69
DOI: 
https://doi.org/10.17533/udea.le.n69a744
Publicado: 
Authors:
Catalina Granda,
Juan Carlos Muñoz,
Luis Guillermo Pérez
Clasificación JEL: 
Q53, Q56, C23
Descargar documento

Lo más reciente

Revista Ensayos Sobre Política Económica (ESPE) - Nueva evidencia sobre la informalidad laboral y empresarial en Colombia
Andrea Sofía Otero-Cortés, Karina Acosta, Luis E. Arango, Danilo Aristizábal, Oscar Iván Ávila-Montealegre, Oscar Becerra, Cristina Fernández, Luz Adriana Flórez, Luis Armando Galvis-Aponte, Anderson Grajales, Catalina Granda, Franz Alonso Hamann-Salcedo, Juliana Jaramillo-Echeverri, Carlos Medina, Jesús Enrique Morales-Piñero, Alejandra Morales, Leonardo Fabio Morales, Juan José Ospina-Tejeiro, Christian Manuel Posso-Suárez, José Pulido, Mario Andrés Ramos-Veloza, Alejandro Sarasti-Sierra
Borradores de Economía - Formalización y crecimiento de micronegocios en Colombia: relación con el acceso al crédito desde una perspectiva formal/informal, de género y regional
John Sebastian Tobar-Cruz, Carlos Alberto Ruiz-Martínez
Borradores de Economía - De la cobertura al desempeño: Explorando las brechas de género en el sistema educativo colombiano
Ana María Iregui-Bohórquez, Ligia Alba Melo-Becerra, María Teresa Ramírez-Giraldo, Jorge Leonardo Rodríguez-Arenas

The Environmental Kuznets Curve hypothesis suggests the existence of an inverted U-shaped relationship between environmental degradation and income. Several economists assume that the environmental impacts occurred during the first stages of the development process will be reverted as a result of economic growth. Yet Perman and Stern (2003) have argued that the econometric methods used in the earlier analysis of the EKC are inappropriate, given the time properties of the series. This article examines the appropriateness of the EKC for a panel of 46 countries and 21 periods by implementing individual and panel tests for unit roots and cointegration. An error correction model is also estimated. The results do not support evidence of a common EKC for the countries analyzed.