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Assessment of the Impact of Environmental Pollution on Economic Growth

https://doi.org/10.38050/2078-3809-2017-9-3-68-80

Abstract

The work is devoted to testing the hypothesis of the existence of an inverted U-shaped dependence of economic growth on the level of environmental pollution, which was based on the concept of the ecological curve of Kuznets. The authors, using econometric methods and data from the World Bank, show that the hypothesis is correct: there is a turning point between the positive and negative nature of the dependence of economic growth on the level of CO2 emissions. The hypothesis is confirmed for low- and middle-income countries, and the dependence is linear negative for countries with a high level of income. Based on the results, the authors formulate recommendations on environmental regulation in accordance with the level of the country's economic development.

About the Authors

Olga Kudryavtseva
Lomonosov Moscow State University
Russian Federation


E. . Ivanov
Lomonosov Moscow State University
Russian Federation


D. . Kolesnik
Lomonosov Moscow State University
Russian Federation


E. . Matveev
Lomonosov Moscow State University
Russian Federation


S. . Pechenkin
Lomonosov Moscow State University
Russian Federation


Yu. . Yakimova
Lomonosov Moscow State University
Russian Federation


References

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Review

For citations:


Kudryavtseva O., Ivanov E., Kolesnik D., Matveev E., Pechenkin S., Yakimova Yu. Assessment of the Impact of Environmental Pollution on Economic Growth. Scientific Research of Faculty of Economics. Electronic Journal. 2017;9(3):68-80. (In Russ.) https://doi.org/10.38050/2078-3809-2017-9-3-68-80

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