Testing the Environmental Kuznets Curve Hypothesis In Iceland: 1960-2010
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| Format: | Artículo científico |
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Universidad del Rosario
2016
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| author | ManuelA. Zambrano-Monserrate |
| author_facet | ManuelA. Zambrano-Monserrate |
| contents | Testing the Environmental Kuznets Curve Hypothesis In Iceland: 1960-2010 ManuelA. Zambrano-Monserrate Arianna Troccoly-Quiroz María José Pacheco-Borja Economía y Finanzas ECK CO2 Iceland economic growth fossil fuel energy The dynamics of economic growth implies a greater energy and natural resource consumption, because this growth needs a higher requirement for fuel and raw materials to fulfill the increase in production which generates economic growth. However a topic of recent interest in the economic sphere is the consequent environmental degradation that comes parallel to this economic growth. This study seeks to establish the relationship between environmental degradation, economic growth, consumption of energy from fossil fuels and trade liberalization in Iceland between the years 1960-2010 in order to find ways to achieve sustainable development. The Environmental Kuznets Curve (EKC) hypothesis is analyzed, checking its central proposal i. e. a greater economic growth will lead to a certain level from which it will generate a reduction of environmental degradation. This hypothesis is tested by applying the Autoregressive Distributed Lag (ARDL) model; finally the results do confirm the existence of a long-term relationship among all the variables proposed. JEL classification: Q44, Q53, Q56, Q58. 2016 artículo científico 0123-5362 https://www.redalyc.org/articulo.oa?id=509552482001 https://www.redalyc.org/journal/5095/509552482001/ https://www.redalyc.org/journal/5095/509552482001/html/ https://www.redalyc.org/journal/5095/509552482001/509552482001.epub https://www.redalyc.org/journal/5095/509552482001/movil http://dx.doi.org/10.12804/revistas.urosario.edu.co/economia/a.5239 en http://www.redalyc.org/revista.oa?id=5095 Revista de Economía del Rosario application/pdf Universidad del Rosario Revista de Economía del Rosario (Colombia) Num.1 Vol.19 |
| format | Artículo científico |
| id | redalyc_509552482001 |
| institution | Redalyc |
| language | en |
| publishDate | 2016 |
| publisher | Universidad del Rosario |
| spellingShingle | Testing the Environmental Kuznets Curve Hypothesis In Iceland: 1960-2010 ManuelA. Zambrano-Monserrate Economía y Finanzas ECK CO2 Iceland economic growth fossil fuel energy Testing the Environmental Kuznets Curve Hypothesis In Iceland: 1960-2010 ManuelA. Zambrano-Monserrate Arianna Troccoly-Quiroz María José Pacheco-Borja Economía y Finanzas ECK CO2 Iceland economic growth fossil fuel energy The dynamics of economic growth implies a greater energy and natural resource consumption, because this growth needs a higher requirement for fuel and raw materials to fulfill the increase in production which generates economic growth. However a topic of recent interest in the economic sphere is the consequent environmental degradation that comes parallel to this economic growth. This study seeks to establish the relationship between environmental degradation, economic growth, consumption of energy from fossil fuels and trade liberalization in Iceland between the years 1960-2010 in order to find ways to achieve sustainable development. The Environmental Kuznets Curve (EKC) hypothesis is analyzed, checking its central proposal i. e. a greater economic growth will lead to a certain level from which it will generate a reduction of environmental degradation. This hypothesis is tested by applying the Autoregressive Distributed Lag (ARDL) model; finally the results do confirm the existence of a long-term relationship among all the variables proposed. JEL classification: Q44, Q53, Q56, Q58. 2016 artículo científico 0123-5362 https://www.redalyc.org/articulo.oa?id=509552482001 https://www.redalyc.org/journal/5095/509552482001/ https://www.redalyc.org/journal/5095/509552482001/html/ https://www.redalyc.org/journal/5095/509552482001/509552482001.epub https://www.redalyc.org/journal/5095/509552482001/movil http://dx.doi.org/10.12804/revistas.urosario.edu.co/economia/a.5239 en http://www.redalyc.org/revista.oa?id=5095 Revista de Economía del Rosario application/pdf Universidad del Rosario Revista de Economía del Rosario (Colombia) Num.1 Vol.19 |
| title | Testing the Environmental Kuznets Curve Hypothesis In Iceland: 1960-2010 |
| topic | Economía y Finanzas ECK CO2 Iceland economic growth fossil fuel energy |
| url | https://www.redalyc.org/articulo.oa?id=509552482001 https://www.redalyc.org/journal/5095/509552482001/ https://www.redalyc.org/journal/5095/509552482001/html/ https://www.redalyc.org/journal/5095/509552482001/509552482001.epub https://www.redalyc.org/journal/5095/509552482001/movil http://dx.doi.org/10.12804/revistas.urosario.edu.co/economia/a.5239 |