Is economic growth good or bad for the environment? Empirical evidence from Korea

被引:141
作者
Baek, Jungho [1 ]
Kim, Hyun Seok [2 ]
机构
[1] Univ Alaska Fairbanks, Sch Management, Dept Econ, Fairbanks, AK 99775 USA
[2] Kyungpook Natl Univ, Dept Agr Econ, Taegu, South Korea
关键词
ARDL; Environmental Kuznets curve; Nuclear energy; KUZNETS CURVE; ENERGY-CONSUMPTION; CO2; EMISSIONS; INCOME; CONSEQUENCES;
D O I
10.1016/j.eneco.2012.11.020
中图分类号
F [经济];
学科分类号
02 ;
摘要
The effects of economic growth on the environment in Korea, for a given level of energy consumption, and fossil fuels and nuclear energy in electricity production, are examined in a dynamic cointegration framework. To that end, the autoregressive distributed lag (ARDL) approach is used. We find empirical evidence supporting the existence of the environmental Kuznets curve (EKC) hypothesis for Korea; that is, economic growth indeed plays a favorable role in influencing environmental outcomes. It is also found that, in both the short- and long-run, nuclear energy has a beneficial effect on environmental quality, whereas fossil fuels in electricity production and energy consumption have a detrimental effect on the environment. (C) 2012 Elsevier B.V. All rights reserved.
引用
收藏
页码:744 / 749
页数:6
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