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The environmental Kuznets curve: functional form, time-varying heterogeneity and outliers in a panel setting
dc.contributor.author | Martinez-Zarzoso, Inmaculada | |
dc.contributor.author | Maruotti, Antonello | |
dc.date.accessioned | 2014-05-20T17:40:14Z | |
dc.date.available | 2014-05-20T17:40:14Z | |
dc.date.issued | 2013 | |
dc.identifier.issn | 1099-095X | |
dc.identifier.uri | http://hdl.handle.net/10234/92933 | |
dc.description.abstract | This paper contributes to extend the Environmental Kuznets Curve (EKC) literature by introducing a new estimation technique able to deal with the issue of slope heterogeneity, functional form issues, the role of unobserved time-dependent factors and the presence of outliers in the data. A robust hidden Markov model is used to estimate an Environmental Kuznets Curve for a sample of 28 Organisation of Economic Co-operation and Development countries over the period 1968 to 2006. Dependent mixture models provide more flexibility than single-distributions do by assuming the existence of a latent process that follows a finite state first-order Markov chain and affects the distribution of the response variable. The main results indicate that the relationship between emissions and income is country-specific and changes over time. By using robust estimation, five homogeneous groups of countries are identified and country-membership transition dynamics are shown. | ca_CA |
dc.format.extent | 15 p. | ca_CA |
dc.format.mimetype | application/pdf | ca_CA |
dc.language.iso | eng | ca_CA |
dc.publisher | John Wiley & Sons | ca_CA |
dc.relation.isPartOf | Environmetrics, 2013, vol. 24, núm. 7 | ca_CA |
dc.rights | Copyright © 2013 John Wiley & Sons, Ltd. | ca_CA |
dc.rights.uri | http://rightsstatements.org/vocab/InC/1.0/ | * |
dc.subject | Environmental Kuznets curve | ca_CA |
dc.subject | Hidden Markov regression models | ca_CA |
dc.subject | EM algorithm | ca_CA |
dc.subject | Outliers | ca_CA |
dc.subject | Robust regression | ca_CA |
dc.title | The environmental Kuznets curve: functional form, time-varying heterogeneity and outliers in a panel setting | ca_CA |
dc.type | info:eu-repo/semantics/article | ca_CA |
dc.identifier.doi | http://dx.doi.org/ 10.1002/env.2232 | |
dc.rights.accessRights | info:eu-repo/semantics/restrictedAccess | ca_CA |
dc.relation.publisherVersion | http://onlinelibrary.wiley.com/doi/10.1002/env.2232/full | ca_CA |
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