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IIT Madras examine refutes the " Kuznets curve " speculation on the surroundings – Kibristahaber

IIT Madras examine refutes the " Kuznets curve " speculation on the surroundings – Kibristahaber
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IIT Madras study disproves 'Kuznets curve' hypothesis on environment


IIT Madras study disproves ‘Kuznets curve’ hypothesis on environment
February 23, 2021
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“Our estimates do not confirm any Kuznets type relationship between economic growth and environmental efficiency in terms of both the pollutants,” say researchers
Nobel laureate Simon Kuznets (1971 Economics) was of the opinion that as a country grows rich, the environment (like economic equality) suffers initially; but over time, the environmental damage (like economic inequality) declines. The ‘environmental Kuznets curve hypothesis’, therefore, holds that environmental well-being follows economic progress. In other words, the rich countries may have damaged the environment once, but they actually contribute to greening the world.
The proponents of the Environmental Kuznets Curve (EKC) hypothesis advocate that growth is actually a cure for environmental problems, rather than being a cause of it. In their view, environmental problems escalate at the initial ....

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