Threshold effects of economic growth on water stress in the Eurozone

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Tarih

2020

Dergi Başlığı

Dergi ISSN

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Yayıncı

Springer

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Özet

This paper empirically examines the environmental Kuznets curve (EKC) hypothesis using a country’s water stress as an indicator of the pressure on renewable water resources. The sample consists of 9 European countries by covering the period 1995–2013. The paper adopts a panel threshold regression model which can predict the threshold level endogenously to analyze whether income per person has an impact on water stress. The empirical findings strongly demonstrate the existence of a threshold beyond which environmental pressures of GDP (real) per capita growth on renewable water resources tend to increase. The growth below the threshold levels has no statistically significant effect on water stress, while the growth rate above the threshold increases stress on water resources. The available empirical findings obtained, albeit limited, tend not to support the EKC hypothesis, which postulates an inverted-U-shaped relationship. © 2020, Springer-Verlag GmbH Germany, part of Springer Nature.

Açıklama

Anahtar Kelimeler

C33, Economic growth, EKC hypothesis, O44, Q56, Threshold effects, Water stress, economic growth, Gross Domestic Product, hypothesis testing, Kuznets curve, threshold, water resource, water stress, carbon dioxide, dehydration, economic development, Europe, human, pollution, renewable energy, Carbon Dioxide, Dehydration, Economic Development, Environmental Pollution, Europe, Humans, Renewable Energy

Kaynak

Environmental Science and Pollution Research

WoS Q Değeri

Q2

Scopus Q Değeri

Q1

Cilt

27

Sayı

25

Künye