Date Received: 07-02-2025
Date Published: 21-02-2025
##submissions.doi##: https://doi.org/10.1234/p95vmf13
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Relationship between Economic Growth and Environmental Quality: Overview of Theory and Empirical Evidence of Environmental Kuznets Curve
Keywords
environmental quality, Economic growth, environmental Kuznets curve
Abstract
The article used secondary information and data to summarize theory and empirical evidence about the Environmental Kuznets Curve. Some limitations of the Environmental Kuznets Curve hypothesis include the assumption of a one-way relationship between economic growth and environmental quality while considering economic growth as a solution to environmental problems; increased environmental quality of developed countries may be traded off for increased pollution and environmental degradation of developing countries, focusing on economic growth while ignoring several other important factors affecting environmental quality. Empirical research showed that the Environmental Kuznets Curve is correct for only some types of pollution and environmental degradation; suitable for some countries or regions; can be observed for a certain period but do not persist into the future; Environmental Kuznets Curve test results were sensitive to the input data, to the choice of variables, and to the model used in the study. In the case of Vietnam, there was no consensus on affirming the existence of the Environmental Kuznets Curve about the relationship between economic growth and environmental quality.
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