David I. Stern
The Rise and Fall of the Environmental Kuznets Curve
Rensselaer Polytechnic Institute
paper presents critical history environmental kuznets curve ekc ekc proposes indicators environmental degradation first rise fall increasing income per capita recent evidence shows however developing countries addressing environmental issues sometimes adopting developed country standards short time lag sometimes performing better wealthy countries ekc results flimsy statistical foundation new generation decomposition efficient frontier models help disentangle true relations development environment may lead demise classic ekc