Environmental Kuznets Curves: Limitations and Opportunities
This last chapter is not intended to repeat what has already been said in the “Concluding Remarks” sections of chapters 2 – 6. It will, however, take up once more some of the main issues of the study, relate them to a common context, and try to join them to a single whole. Moreover, the most serious limitations of, or obstacles to, Environmental Kuznets Curves will be summarised in order to avoid the impression that the inverted U-shaped pattern could be expected for all kinds of environmental problems, and to indicate potentially fruitful directions of future research in this field. Finally, it will be attempted to give the development phase and the environment phase an interpretation that goes beyond their purely technical aspects.
KeywordsEnvironmental Kuznets Curve Pollution Abatement Marginal Abatement Cost Pollution Reduction Abatement Technology
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- 54.There are markets on which environmental quality is reflected by prices. The housing market has already been mentioned earlier. In the tourism and recreation industry, a high air and water quality, an intact vegetation, and places of natural beauty permit fetching higher prices. But on these markets, environmental quality is a characteristic of the goods traded, and not the good itself.Google Scholar