Relationship between Economic Growth and Environmental Degradation: Is there Evidence of an Environmental Kuznets Curve for Brazil?

Volume: 6 Number: 2 June 1, 2016
  • Manuel A. Zambrano-monserrate
  • Ivanna Valverde-bajana
  • Joseph Aguilar-bohorquez
  • Maria Jose Mendoza-jimenez
EN

Relationship between Economic Growth and Environmental Degradation: Is there Evidence of an Environmental Kuznets Curve for Brazil?

Abstract

This study investigates the relationship between CO2 emissions, economic growth, energy use and electricity production by hydroelectric sources in Brazil. To verify the Environmental Kuznets Curve (EKC) hypothesis we use time-series data for the period 1971-2011. The Autoregressive Distributed Lag (ARDL) methodology was used to test for cointegration in the long run. Additionally, the VECM Granger causality test was applied to verify the predictive value of independent variables. Empirical results find that there is a quadratic long run relationship between CO2 emissions and economic growth, confirming the existence of an EKC for Brazil. Furthermore, energy use shows increasing effects on emissions, while electricity production by hydropower sources has an inverse relationship with environmental degradation. The short run model does not provide evidence for the EKC theory. The differences between the results in the long and short run models can be considered for establishing environmental policies. This suggests that special attention to both variables -energy use and the electricity production by hydroelectric sources- could be an effective way to mitigate CO2 emissions in Brazil

Keywords

Details

Primary Language

English

Subjects

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Journal Section

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Authors

Manuel A. Zambrano-monserrate This is me

Ivanna Valverde-bajana This is me

Joseph Aguilar-bohorquez This is me

Maria Jose Mendoza-jimenez This is me

Publication Date

June 1, 2016

Submission Date

June 1, 2016

Acceptance Date

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Published in Issue

Year 2016 Volume: 6 Number: 2

APA
Zambrano-monserrate, M. A., Valverde-bajana, I., Aguilar-bohorquez, J., & Mendoza-jimenez, M. J. (2016). Relationship between Economic Growth and Environmental Degradation: Is there Evidence of an Environmental Kuznets Curve for Brazil? International Journal of Energy Economics and Policy, 6(2), 208-216. https://izlik.org/JA95YT78RG
AMA
1.Zambrano-monserrate MA, Valverde-bajana I, Aguilar-bohorquez J, Mendoza-jimenez MJ. Relationship between Economic Growth and Environmental Degradation: Is there Evidence of an Environmental Kuznets Curve for Brazil? IJEEP. 2016;6(2):208-216. https://izlik.org/JA95YT78RG
Chicago
Zambrano-monserrate, Manuel A., Ivanna Valverde-bajana, Joseph Aguilar-bohorquez, and Maria Jose Mendoza-jimenez. 2016. “Relationship Between Economic Growth and Environmental Degradation: Is There Evidence of an Environmental Kuznets Curve for Brazil?”. International Journal of Energy Economics and Policy 6 (2): 208-16. https://izlik.org/JA95YT78RG.
EndNote
Zambrano-monserrate MA, Valverde-bajana I, Aguilar-bohorquez J, Mendoza-jimenez MJ (June 1, 2016) Relationship between Economic Growth and Environmental Degradation: Is there Evidence of an Environmental Kuznets Curve for Brazil? International Journal of Energy Economics and Policy 6 2 208–216.
IEEE
[1]M. A. Zambrano-monserrate, I. Valverde-bajana, J. Aguilar-bohorquez, and M. J. Mendoza-jimenez, “Relationship between Economic Growth and Environmental Degradation: Is there Evidence of an Environmental Kuznets Curve for Brazil?”, IJEEP, vol. 6, no. 2, pp. 208–216, June 2016, [Online]. Available: https://izlik.org/JA95YT78RG
ISNAD
Zambrano-monserrate, Manuel A. - Valverde-bajana, Ivanna - Aguilar-bohorquez, Joseph - Mendoza-jimenez, Maria Jose. “Relationship Between Economic Growth and Environmental Degradation: Is There Evidence of an Environmental Kuznets Curve for Brazil?”. International Journal of Energy Economics and Policy 6/2 (June 1, 2016): 208-216. https://izlik.org/JA95YT78RG.
JAMA
1.Zambrano-monserrate MA, Valverde-bajana I, Aguilar-bohorquez J, Mendoza-jimenez MJ. Relationship between Economic Growth and Environmental Degradation: Is there Evidence of an Environmental Kuznets Curve for Brazil? IJEEP. 2016;6:208–216.
MLA
Zambrano-monserrate, Manuel A., et al. “Relationship Between Economic Growth and Environmental Degradation: Is There Evidence of an Environmental Kuznets Curve for Brazil?”. International Journal of Energy Economics and Policy, vol. 6, no. 2, June 2016, pp. 208-16, https://izlik.org/JA95YT78RG.
Vancouver
1.Manuel A. Zambrano-monserrate, Ivanna Valverde-bajana, Joseph Aguilar-bohorquez, Maria Jose Mendoza-jimenez. Relationship between Economic Growth and Environmental Degradation: Is there Evidence of an Environmental Kuznets Curve for Brazil? IJEEP [Internet]. 2016 Jun. 1;6(2):208-16. Available from: https://izlik.org/JA95YT78RG