GDP per capita

  • 文章类型: Journal Article
    本文旨在验证哥伦比亚环境库兹涅茨曲线(EKC)的假设,将经济复杂性指数(ECI)作为产量的差异化要素引入分析。我们使用向量误差修正模型(VECM)来证实,如果涵盖1971-2014年期间的变量之间存在长期关系。此外,我们使用三种不同的技术来测试结果的稳健性:动态最小二乘,完全修改的最小二乘,和典型协整回归。结果表明,对于像哥伦比亚这样的发展中国家,EKC不存在,并且尚未从经济复杂性的增加中受益。可以说,在实现产品复杂性提高带来的环境效益之前,该国有几个障碍需要克服。其中一些可能与该国自身的生产和体制僵化有关,为公共政策干预打开了空间。
    This paper aims to validate the hypothesis of an Environmental Kuznets Curve (EKC) for Colombia, introducing the Economic Complexity Index (ECI) into the analysis as a differentiating element of production volumes. We use a Vector Error Correction Model (VECM) to corroborate if there is a long-term relationship between the variables covering the period between 1971-2014. Also, we test the robustness of the results using three different techniques: Dynamic Least Squares, Fully Modified Least Squares, and Canonical Cointegration Regression. The results show that for a developing country like Colombia, the EKC does not exist, and does not yet benefit from increases in economic complexity. Arguably, the country has several hurdles to overcome before achieving the environmental benefits of increased product sophistication. Some of them could be related to the country\'s own productive and institutional rigidities, which opens the space for public policy intervention.
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