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Specifying the EKC: Downstream Dependence in Water Pollution
Department of Economics, Indiana University of Pennsylvania, Indiana, USA
- 1 Department of Economics, Indiana University of Pennsylvania, Indiana, USA
Theoretical Economics Letters·Volume 04 (2014)·Pages 743–747·Published 21 November 2014·DOI10.4236/tel.2014.49094
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Abstract
The present study provides a utility maximizing theoretical framework motivating the EKC model. Theoretical parameters are linked directly to the typical empirical parameters of the reduced form empirical EKC model. Linking the theory to the typical empirically estimated parameters is relevant for devising policy and future EKC studies.
KeywordsEnvironmental Kuznets CurveDownstream DependenceWater Pollution
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