Date of Award:

5-2009

Document Type:

Dissertation

Degree Name:

Doctor of Philosophy (PhD)

Department:

Economics and Finance

Department name when degree awarded

Economics

Committee Chair(s)

Chris Fawson

Committee

Chris Fawson

Committee

Randy Simmons

Committee

Paul Jakus

Committee

Ken Lyon

Committee

Frank Caliendo

Abstract

The theory of the Environmental Kuznets Curve (EKC) proposes to answer important questions regarding the connections between economic growth (development) and the environment. The theory postulates the environment need not always suffer as the economy develops, and it has generated strong support and opposition. Rather than attempting to defend or debunk EKC theory, this research challenges a practice engaged in by proponents and opponents alike. Simplifying assumptions are a necessary part of economic analysis, but this research shows that any assumptions may not be universally applicable. Utilizing, in turn, a simple one-good model and then a more complicated two-good model, it is discovered that the competing assumptions utilized by proponents and opponents of the EKC theory may both be valid, depending upon the conditions present in the system being analyzed.

Checksum

bfb2c08c68e53f1dc3e1ef9d52a95dfd

Comments

The theory of the Environmental Kuznets Curve (EKC) proposes to answer important questions regarding the connections between economic growth (development) and the environment. The theory postulates the environment need not always suffer as the economy develops, and it has generated strong support and opposition. Rather than attempting to defend or debunk EKC theory, this research challenges a practice engaged in by proponents and opponents alike. Simplifying assumptions are a necessary part of economic analysis, but this research shows that any assumptions may not be universally applicable. Utilizing, in turn, a simple one good model and then a more complicated two good model, it is discovered that the competing assumptions utilized by proponents and opponents of the EKC theory may both be valid, depending upon the conditions present in the system being analyzed.

Included in

Economics Commons

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