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Quality of institutions, technological progress, and pollution havens in Latin America. An analysis of the Environmental Kuznets Curve hypothesis

dc.contributor.authorCansino J.M.
dc.contributor.authorRomán-Collado R.
dc.contributor.authorMolina J.C.
dc.date.accessioned2020-09-02T22:14:09Z
dc.date.available2020-09-02T22:14:09Z
dc.date.issued2019
dc.identifier10.3390/su11133708
dc.identifier.citation11, 13, -
dc.identifier.issn20711050
dc.identifier.urihttps://hdl.handle.net/20.500.12728/3896
dc.descriptionA set of 17-year panel data (1996-2013) across a representative sample from eighteen Latin American countries is used to respond four research questions: Did Latin American Greenhouse Gas (GHG) emissions prove the Environmental Kuznets Curve (EKC) hypothesis? Did the quality of institutions play a compensating role for income on environmental stress? Did technological progress help decouple income from environmental stress? Has the Pollution Haven Hypothesis (PHH) been proven? In order to answer the research questions, the paper expands the traditional EKC approach by including an exclusive quality analysis of institutions, technological progress, and PHH as part of the model. This innovation is developed considering the most recent literature about EKC as a starting point. Major findings show that the relationship between income and GHG emissions is adjusted to the traditional EKC hypothesis for the analyzed period. They also show that the quality of institutions and technological progress improve environmental sustainability. However, the variables, Foreign Direct Investment and International Trade, provide a negative answer to the fourth question. The main methodological contribution of this paper is to use a threefold extended classic EKC model to conduct the feasible generalized least squares method. The paper also contributes to the growing body of PHH literature. © 2019 by the authors.
dc.language.isoen
dc.publisherMDPI AG
dc.subjectCO2 emissions
dc.subjectEnvironmental Kuznets curves
dc.subjectPollution haven hypothesis
dc.subjectQuality of institutions
dc.subjectTechnological progress
dc.subjectcarbon emission
dc.subjectemission control
dc.subjectenvironmental quality
dc.subjectenvironmental stress
dc.subjectforeign direct investment
dc.subjectgreenhouse gas
dc.subjecthypothesis testing
dc.subjectinnovation
dc.subjectinstitutional framework
dc.subjectinternational trade
dc.subjectKuznets curve
dc.subjectpanel data
dc.subjectpollution
dc.subjectquality control
dc.subjectsustainability
dc.subjecttechnological change
dc.subjecttechnological development
dc.titleQuality of institutions, technological progress, and pollution havens in Latin America. An analysis of the Environmental Kuznets Curve hypothesis
dc.typeArticle


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