THE AUTOMOTIVE LEAD KUZNETS CURVE: AN ANALYSIS OF THE THEORY AND EMPIRICS

  • Danny García Callejas Universidad de Antioquia

Resumen

This paper analyzes and criticizes Hilton and Levinson (1998), by showing that even though an interesting and well written paper, the theoretical background can be restrictive. For example, the composition effect does not allow for the existence of economies of scale of pollution and the scale effect theory does not permit a changing technology. Finally, we show that the empirical model could be giving spurious results due to the
presence of unit roots or its result could be inconclusive because it lacks other regressors that the literature has shown that explain the level of emissions in an economy. Additionally, the authors do no verify their theory with their empirical model. Consequently, some suggestions and future research that could validate their findings are proposed

  • Biografía del autor/a

    Danny García Callejas, Universidad de Antioquia

    Professor, Departamento de Economía, Facultad de Ciencias Económicas, Universidad de Antioquia.
    Member of the Environmental Economics Research Group (Grupo de Economía del Medio Ambiente,
    GEMA), Centro de Investigaciones Económicas, Universidad de Antioquia. Economist, Universidad de
    Antioquia. Master of Arts in Economics, McGill University. Ph.D. in Economics Student, McGill University

Cómo citar
García Callejas, D. (1). THE AUTOMOTIVE LEAD KUZNETS CURVE: AN ANALYSIS OF THE THEORY AND EMPIRICS. Semestre Económico, 9(18), 125-132. Recuperado a partir de https://revistas.udem.edu.co/index.php/economico/article/view/882

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