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The Role Of Trade And Renewables In The Nexus Of Economic Growth And Environmental Degradation: Revisiting The Environmental Kuznets Curve (Ekc), Nguyen Thi Ngoc Lan Apr 2017

The Role Of Trade And Renewables In The Nexus Of Economic Growth And Environmental Degradation: Revisiting The Environmental Kuznets Curve (Ekc), Nguyen Thi Ngoc Lan

Undergraduate Research Awards

Based on the Environmental Kuznets Curve (EKC) hypothesis, this study investigates whether there is a revised EKC relationship between economic growth and CO2 emissions under the presence of renewable energy and trade for a panel of 35 countries whose trade openness index have remained higher than average global trade index over the period 1980-2012. By addressing similar trade characteristics rather than income levels, this paper applies a panel analysis with random effects and fixed effects to test EKC hypothesis. We use the principal component analysis to explain why CO2 emissions stands as a critical indicator of environmental quality. The results …