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Which is the correct answer? The Environmental Kuznets curve (EKC): suggests that as country's per capita GDP continues to rise from having started at a
Which is the correct answer?
The Environmental Kuznets curve (EKC):
- suggests that as country's per capita GDP continues to rise from having started at a low level, environmental degradation initially declines and later rises as it becomes rich
- should it accurately depict the relationship between per capita GDP and and environmental degradation, offers hope to a poor country seeking to increase its per capita GDP since, once it becomes rich, it should enjoy a lower level of environmental degradation as its per capita GDP rises.
- is supported by empirical and statistical analyses whenever a broad indicator is used to represent environmental damage, such as total energy consumption
- suggests there is an N-shaped relationship between environmental degradation and rising per capita GDP
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