The Kuznets U-curve hypothesis: some panel data evidence

Authors
Matyas, L Konya, L Macquarie, L
Citation
L. Matyas et al., The Kuznets U-curve hypothesis: some panel data evidence, APPL ECON L, 5(11), 1998, pp. 693-697
Citations number
8
Categorie Soggetti
Economics
Journal title
APPLIED ECONOMICS LETTERS
ISSN journal
13504851 → ACNP
Volume
5
Issue
11
Year of publication
1998
Pages
693 - 697
Database
ISI
SICI code
1350-4851(199811)5:11<693:TKUHSP>2.0.ZU;2-Q
Abstract
In this paper Kuznets' U-curve hypothesis is tested on two unbalanced panel data sets of 47 and 62 countries, for the period 1970-93, using two-way fi xed and random effects models. Several competing model specifications are e stimated and the one best fitting the data is selected by appropriate model selection procedures. It is shown that there is no hard empirical evidence to support the usual econometric model formulations and the U-curve hypoth esis.