Soumyananda Dinda|Dipankor Coondoo|Manisha Pal
Air quality and economic growth: an empirical study
Vikrama Simhapuri University|Indian Statistical Institute|Indian Statistical Institute|Indian Statistical Institute
present empirical study observed inverse sometimes ushaped relationship environmental degradation per capita real income opposed inverted ushaped environmental kuznets curve ekc found many earlier studies felt possible explanation observed pattern relationship might sought dynamics process economic growth experienced countries concerned thus eg economic development may strengthen market mechanism result economy may gradually shift nonmarket marketed energy resources less polluting phenomenon may show form inverse relationship mentioned also due global technical progress production techniques available countries world becoming capital intensive time less polluting may mean given income level pollution level decreases capital intensity economy rises present study indeed observed capital intensity increases level suspended particulate matter spm atmosphere decreases per capita real income also found inversely related spm partially interaction effect per capita income capitalintensity spm observed positive suggests given level per capita income capital intensity capital intensive production technique higher per capita income level would cause less pollution spm surprising result also obtained ie uturn observed high level per capita real income ie us12 500 1985 us prices possibly indicative fact technological limits industrial pollution control beyond threshold level income rise income cannot achieved without environmental degradation