| Title: | Exploring the link between environmental pollution and economic growth in EU-28 countries: Is there an environmental Kuznets curve? |
| Author(s): | Armeanu D; Vintila G; Andrei JV; Gherghina SC; Dragoi MC; Teodor C; |
| Address: | "Department of Finance, The Bucharest University of Economic Studies, Bucharest, Romania. Business Administration Department, Petroleum-Gas University of Ploiesti, Ploiesti, Prahova, Romania. Department of International Business and Economics, The Bucharest University of Economic Studies, Bucharest, Romania. Department of Agri-Food and Environmental Economics, The Bucharest University of Economic Studies, Bucharest, Romania" |
| DOI: | 10.1371/journal.pone.0195708 |
| ISSN/ISBN: | 1932-6203 (Electronic) 1932-6203 (Linking) |
| Abstract: | "This study examines the Environmental Kuznets Curve hypothesis (EKC), considering the primary energy consumption among other country-specific variables, for a panel of the EU-28 countries during the period 1990-2014. By estimating pooled OLS regressions with Driscoll-Kraay standard errors in order to account for cross-sectional dependence, the results confirm the EKC hypothesis in the case of emissions of sulfur oxides and emissions of non-methane volatile organic compounds. In addition to pooled estimations, the output of fixed-effects regressions with Driscoll-Kraay standard errors support the EKC hypothesis for greenhouse gas emissions, greenhouse gas emissions intensity of energy consumption, emissions of nitrogen oxides, emissions of non-methane volatile organic compounds and emissions of ammonia. Additionally, the empirical findings from panel vector error correction model reveal a short-run unidirectional causality from GDP per capita growth to greenhouse gas emissions, as well as a bidirectional causal link between primary energy consumption and greenhouse gas emissions. Furthermore, since there occurred no causal link between economic growth and primary energy consumption, the neo-classical view was confirmed, namely the neutrality hypothesis" |
| Keywords: | "Carbon Dioxide/analysis Economic Development/*statistics & numerical data Environmental Pollution/*statistics & numerical data European Union/*economics/*statistics & numerical data Models, Statistical;" |
| Notes: | "MedlineArmeanu, Daniel Vintila, Georgeta Andrei, Jean Vasile Gherghina, Stefan Cristian Dragoi, Mihaela Cristina Teodor, Cristian eng 2018/05/10 PLoS One. 2018 May 9; 13(5):e0195708. doi: 10.1371/journal.pone.0195708. eCollection 2018" |
