The Environmental Kuznets Curve Hypothesis in Industrialized Countries: A Second Generation Econometric Approach


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Authors

  • Lotfi Mekhzoumi University of El-Oued, El-Oued, Algeria
  • Nadjoua Harnane University of Khenchela, Khenchela, Algeria
  • Abdellah Ayachi University of El-Oued, El-Oued, Algeria
  • Okba Abdellaoui University of El-Oued, El-Oued, Algeria

DOI:

https://doi.org/10.32479/ijefi.12771

Keywords:

EKC, MG, CCEMG, AMG, CS-DL, CS-ARDL

Abstract

This study contributes to the analysis of the Environmental Kuznets hypothesis (EKC) for 31 industrialized countries during 1980-2019 using long-term static and dynamic panel data methods. According to Pesaran's CD tests, the CSD issue is present in all variables. The EKC model had a long-run relationship, according to the results of the second-generation Pesaran CIPS unit roots and Westerlund tests. The estimation results of the static model (MG) and dynamic models (CS-DL and CS-ARDL) reached the same conclusion as the reliability of the EKC hypothesis, implying that environmental pollution and economic growth are linked in an inverted N-letter shape.

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Published

2022-03-14

How to Cite

Mekhzoumi, L., Harnane, N., Ayachi, A., & Abdellaoui, O. (2022). The Environmental Kuznets Curve Hypothesis in Industrialized Countries: A Second Generation Econometric Approach. International Journal of Economics and Financial Issues, 12(2), 96–103. https://doi.org/10.32479/ijefi.12771

Issue

Vol. 12 No. 2 (2022)

Section

Articles