The Environmental Kuznets Curve: Recycling and the Role of Habit Formation

Authors

  • Myrto Kasioumi University of Guelph

DOI:

https://doi.org/10.15353/rea.v13i3.4688

Keywords:

Recycling, Pollution, Economic Growth, Environmental Kuznets Curve (EKC), Circular Economy

Abstract

Our analysis focuses on a novel theoretical model which explains the relationship between pollution and output as well as recycling and output in the context of the Environmental Kuznets Curve (EKC) framework. Our model incorporates habit formation on recycling in a circular economy model and we find that the EKC is characterized by a downward sloping curve, while the recycling output curve by an increasing curve, results which are both in agreement with the general patterns of these curves supported by the literature.

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Published

2021-10-31

Issue

Section

Articles