Environment, Human Development and Economic Growth

Valeria Costantini and Salvatore Monni

No 12113, International Energy Markets Working Papers from Fondazione Eni Enrico Mattei (FEEM)

Abstract: Over the last few years, environmental issues have entered into policy design, particularly development and growth policies. Natural resources are considered necessary production inputs and environmental quality is considered a welfare determinant. The integration of environmental issues into economic growth and development theories and empirics is currently widely analyzed in the literature. The effects of natural resources endowment on economic growth are mainly analyzed through the so-called Resource Curse Hypothesis (RCH) whereas the effects of economic growth on environmental quality are part of the Environmental Kuznets Curve (EKC). Furthermore, recent contributions on RCH and EKC have shown the important role of institutions and human development dimensions in building a sustainable development path. In this paper, we attempt to analyze the causal relationships between economic growth, human development and sustainability combining the RCH and EKC models and adopting a human development perspective.

Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Pages: 37
Date: 2006
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Citations: View citations in EconPapers (9)

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Related works:
Journal Article: Environment, human development and economic growth (2008)
Working Paper: Environment, Human Development and Economic Growth (2006)
Working Paper: Environment, human development and economic growth (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:feemie:12113

DOI: 10.22004/ag.econ.12113

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