Is there a material Kuznets curve for aluminium? evidence from rich countries
The paper tests the material Kuznets Curve (MKC) hypothesis with regard to aluminium consumption for 20 high-income countries over the period 1970 to 2009. The test is based on the suggestion of Narayan and Narayan (2010). Various unit root and cointegration tests are applied. The aluminium and GDP...
Gespeichert in:
Veröffentlicht in: | Resources policy 2012-09, Vol.37 (3), p.296-307 |
---|---|
1. Verfasser: | |
Format: | Artikel |
Sprache: | eng |
Schlagworte: | |
Online-Zugang: | Volltext |
Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
container_end_page | 307 |
---|---|
container_issue | 3 |
container_start_page | 296 |
container_title | Resources policy |
container_volume | 37 |
creator | Jaunky, Vishal Chandr |
description | The paper tests the material Kuznets Curve (MKC) hypothesis with regard to aluminium consumption for 20 high-income countries over the period 1970 to 2009. The test is based on the suggestion of Narayan and Narayan (2010). Various unit root and cointegration tests are applied. The aluminium and GDP series are found to be integrated of order one and cointegrated. Additionally, the Blundell–Bond system generalized methods-of-moments (GMM) is employed to conduct a panel causality test in a vector error-correction mechanism (VECM) setting. Unidirectional causality running from real per capita GDP to the aluminium intensity is uncovered in both the short-run and long-run. While controlling for structural shocks, the MKC hypothesis is found to hold at individual levels for Austria, Canada, Denmark, Finland, Greece, Italy, Japan, and United Kingdom as well as for the whole panel. A 1% increase in GDP generates an increase of 0.87% in metal intensity in the short-run and a fall of 0.82% in the long-run for the panel.
► The material Kuznets Curve (MKC) hypothesis for rich countries is investigated. ► The Narayan and Narayan (2010) approach is used to study any U-shaped relationship. ► The MKC hypothesis is found to hold for 8 countries as well as for the whole panel. |
doi_str_mv | 10.1016/j.resourpol.2012.04.001 |
format | Article |
fullrecord | <record><control><sourceid>proquest_cross</sourceid><recordid>TN_cdi_proquest_miscellaneous_1753551678</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><els_id>S0301420712000220</els_id><sourcerecordid>1753551678</sourcerecordid><originalsourceid>FETCH-LOGICAL-c447t-c88231f3833b8b06939ec9cc5481a8a81c220a1d9c333fb9b1e2842ec09c7cf83</originalsourceid><addsrcrecordid>eNqNkUFv1DAQhS1EJZaW34CPXJLO2E7snFBVQVu1FRc4W97ZiepVEi92shL8erJaxLWcRhp97x3eJ8RHhBoB2-t9nbmkJR_SUCtAVYOpAfCN2KCzurKtwbdiAxqwMgrsO_G-lD0ANNa1G_H8UOT8wpllkGOYOccwyMfl98RzkbTkI8s-ZRmGZYxTXMbPko9xxxOt_5xGmSO9SErLNOfI5Upc9GEo_OHvvRQ_vn75fntfPX27e7i9earIGDtX5JzS2Gun9dZtoe10x9QRNcZhcMEhKQUBdx1prfttt0VWzigm6MhS7_Sl-HTuPeT0c-Ey-zEW4mEIE6eleLSNbhps7X-gum0QW7Nu9SoKTqEB1-gVtWeUciolc-8POY4h_1ohf9Li9_6fFn_S4sH4VcuavDkned3nGDn7QvG05y5mptnvUny14w_xmpn4</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>1082140853</pqid></control><display><type>article</type><title>Is there a material Kuznets curve for aluminium? evidence from rich countries</title><source>Elsevier ScienceDirect Journals</source><creator>Jaunky, Vishal Chandr</creator><creatorcontrib>Jaunky, Vishal Chandr</creatorcontrib><description>The paper tests the material Kuznets Curve (MKC) hypothesis with regard to aluminium consumption for 20 high-income countries over the period 1970 to 2009. The test is based on the suggestion of Narayan and Narayan (2010). Various unit root and cointegration tests are applied. The aluminium and GDP series are found to be integrated of order one and cointegrated. Additionally, the Blundell–Bond system generalized methods-of-moments (GMM) is employed to conduct a panel causality test in a vector error-correction mechanism (VECM) setting. Unidirectional causality running from real per capita GDP to the aluminium intensity is uncovered in both the short-run and long-run. While controlling for structural shocks, the MKC hypothesis is found to hold at individual levels for Austria, Canada, Denmark, Finland, Greece, Italy, Japan, and United Kingdom as well as for the whole panel. A 1% increase in GDP generates an increase of 0.87% in metal intensity in the short-run and a fall of 0.82% in the long-run for the panel.
► The material Kuznets Curve (MKC) hypothesis for rich countries is investigated. ► The Narayan and Narayan (2010) approach is used to study any U-shaped relationship. ► The MKC hypothesis is found to hold for 8 countries as well as for the whole panel.</description><identifier>ISSN: 0301-4207</identifier><identifier>EISSN: 1873-7641</identifier><identifier>DOI: 10.1016/j.resourpol.2012.04.001</identifier><language>eng</language><publisher>Elsevier Ltd</publisher><subject>Aluminium ; Aluminum ; Consumption ; Cross-national analysis ; Cross-sectional dependence ; Europe ; Gross domestic product ; Japan ; Material Kuznets Curve ; Mathematical analysis ; National product ; Panel DOLS ; Panels ; Policies ; Roots ; Running ; Structural breaks ; System GMM ; Vectors (mathematics)</subject><ispartof>Resources policy, 2012-09, Vol.37 (3), p.296-307</ispartof><rights>2012 Elsevier Ltd</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c447t-c88231f3833b8b06939ec9cc5481a8a81c220a1d9c333fb9b1e2842ec09c7cf83</citedby><cites>FETCH-LOGICAL-c447t-c88231f3833b8b06939ec9cc5481a8a81c220a1d9c333fb9b1e2842ec09c7cf83</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktohtml>$$Uhttps://dx.doi.org/10.1016/j.resourpol.2012.04.001$$EHTML$$P50$$Gelsevier$$H</linktohtml><link.rule.ids>314,777,781,3537,27905,27906,45976</link.rule.ids></links><search><creatorcontrib>Jaunky, Vishal Chandr</creatorcontrib><title>Is there a material Kuznets curve for aluminium? evidence from rich countries</title><title>Resources policy</title><description>The paper tests the material Kuznets Curve (MKC) hypothesis with regard to aluminium consumption for 20 high-income countries over the period 1970 to 2009. The test is based on the suggestion of Narayan and Narayan (2010). Various unit root and cointegration tests are applied. The aluminium and GDP series are found to be integrated of order one and cointegrated. Additionally, the Blundell–Bond system generalized methods-of-moments (GMM) is employed to conduct a panel causality test in a vector error-correction mechanism (VECM) setting. Unidirectional causality running from real per capita GDP to the aluminium intensity is uncovered in both the short-run and long-run. While controlling for structural shocks, the MKC hypothesis is found to hold at individual levels for Austria, Canada, Denmark, Finland, Greece, Italy, Japan, and United Kingdom as well as for the whole panel. A 1% increase in GDP generates an increase of 0.87% in metal intensity in the short-run and a fall of 0.82% in the long-run for the panel.
► The material Kuznets Curve (MKC) hypothesis for rich countries is investigated. ► The Narayan and Narayan (2010) approach is used to study any U-shaped relationship. ► The MKC hypothesis is found to hold for 8 countries as well as for the whole panel.</description><subject>Aluminium</subject><subject>Aluminum</subject><subject>Consumption</subject><subject>Cross-national analysis</subject><subject>Cross-sectional dependence</subject><subject>Europe</subject><subject>Gross domestic product</subject><subject>Japan</subject><subject>Material Kuznets Curve</subject><subject>Mathematical analysis</subject><subject>National product</subject><subject>Panel DOLS</subject><subject>Panels</subject><subject>Policies</subject><subject>Roots</subject><subject>Running</subject><subject>Structural breaks</subject><subject>System GMM</subject><subject>Vectors (mathematics)</subject><issn>0301-4207</issn><issn>1873-7641</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2012</creationdate><recordtype>article</recordtype><recordid>eNqNkUFv1DAQhS1EJZaW34CPXJLO2E7snFBVQVu1FRc4W97ZiepVEi92shL8erJaxLWcRhp97x3eJ8RHhBoB2-t9nbmkJR_SUCtAVYOpAfCN2KCzurKtwbdiAxqwMgrsO_G-lD0ANNa1G_H8UOT8wpllkGOYOccwyMfl98RzkbTkI8s-ZRmGZYxTXMbPko9xxxOt_5xGmSO9SErLNOfI5Upc9GEo_OHvvRQ_vn75fntfPX27e7i9earIGDtX5JzS2Gun9dZtoe10x9QRNcZhcMEhKQUBdx1prfttt0VWzigm6MhS7_Sl-HTuPeT0c-Ey-zEW4mEIE6eleLSNbhps7X-gum0QW7Nu9SoKTqEB1-gVtWeUciolc-8POY4h_1ohf9Li9_6fFn_S4sH4VcuavDkned3nGDn7QvG05y5mptnvUny14w_xmpn4</recordid><startdate>201209</startdate><enddate>201209</enddate><creator>Jaunky, Vishal Chandr</creator><general>Elsevier Ltd</general><scope>AAYXX</scope><scope>CITATION</scope><scope>8BJ</scope><scope>FQK</scope><scope>JBE</scope><scope>7ST</scope><scope>C1K</scope><scope>SOI</scope><scope>7QF</scope><scope>7TA</scope><scope>8FD</scope><scope>JG9</scope></search><sort><creationdate>201209</creationdate><title>Is there a material Kuznets curve for aluminium? evidence from rich countries</title><author>Jaunky, Vishal Chandr</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c447t-c88231f3833b8b06939ec9cc5481a8a81c220a1d9c333fb9b1e2842ec09c7cf83</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2012</creationdate><topic>Aluminium</topic><topic>Aluminum</topic><topic>Consumption</topic><topic>Cross-national analysis</topic><topic>Cross-sectional dependence</topic><topic>Europe</topic><topic>Gross domestic product</topic><topic>Japan</topic><topic>Material Kuznets Curve</topic><topic>Mathematical analysis</topic><topic>National product</topic><topic>Panel DOLS</topic><topic>Panels</topic><topic>Policies</topic><topic>Roots</topic><topic>Running</topic><topic>Structural breaks</topic><topic>System GMM</topic><topic>Vectors (mathematics)</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Jaunky, Vishal Chandr</creatorcontrib><collection>CrossRef</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><collection>Environment Abstracts</collection><collection>Environmental Sciences and Pollution Management</collection><collection>Environment Abstracts</collection><collection>Aluminium Industry Abstracts</collection><collection>Materials Business File</collection><collection>Technology Research Database</collection><collection>Materials Research Database</collection><jtitle>Resources policy</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Jaunky, Vishal Chandr</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Is there a material Kuznets curve for aluminium? evidence from rich countries</atitle><jtitle>Resources policy</jtitle><date>2012-09</date><risdate>2012</risdate><volume>37</volume><issue>3</issue><spage>296</spage><epage>307</epage><pages>296-307</pages><issn>0301-4207</issn><eissn>1873-7641</eissn><abstract>The paper tests the material Kuznets Curve (MKC) hypothesis with regard to aluminium consumption for 20 high-income countries over the period 1970 to 2009. The test is based on the suggestion of Narayan and Narayan (2010). Various unit root and cointegration tests are applied. The aluminium and GDP series are found to be integrated of order one and cointegrated. Additionally, the Blundell–Bond system generalized methods-of-moments (GMM) is employed to conduct a panel causality test in a vector error-correction mechanism (VECM) setting. Unidirectional causality running from real per capita GDP to the aluminium intensity is uncovered in both the short-run and long-run. While controlling for structural shocks, the MKC hypothesis is found to hold at individual levels for Austria, Canada, Denmark, Finland, Greece, Italy, Japan, and United Kingdom as well as for the whole panel. A 1% increase in GDP generates an increase of 0.87% in metal intensity in the short-run and a fall of 0.82% in the long-run for the panel.
► The material Kuznets Curve (MKC) hypothesis for rich countries is investigated. ► The Narayan and Narayan (2010) approach is used to study any U-shaped relationship. ► The MKC hypothesis is found to hold for 8 countries as well as for the whole panel.</abstract><pub>Elsevier Ltd</pub><doi>10.1016/j.resourpol.2012.04.001</doi><tpages>12</tpages></addata></record> |
fulltext | fulltext |
identifier | ISSN: 0301-4207 |
ispartof | Resources policy, 2012-09, Vol.37 (3), p.296-307 |
issn | 0301-4207 1873-7641 |
language | eng |
recordid | cdi_proquest_miscellaneous_1753551678 |
source | Elsevier ScienceDirect Journals |
subjects | Aluminium Aluminum Consumption Cross-national analysis Cross-sectional dependence Europe Gross domestic product Japan Material Kuznets Curve Mathematical analysis National product Panel DOLS Panels Policies Roots Running Structural breaks System GMM Vectors (mathematics) |
title | Is there a material Kuznets curve for aluminium? evidence from rich countries |
url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-01-18T19%3A47%3A19IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_cross&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Is%20there%20a%20material%20Kuznets%20curve%20for%20aluminium?%20evidence%20from%20rich%20countries&rft.jtitle=Resources%20policy&rft.au=Jaunky,%20Vishal%20Chandr&rft.date=2012-09&rft.volume=37&rft.issue=3&rft.spage=296&rft.epage=307&rft.pages=296-307&rft.issn=0301-4207&rft.eissn=1873-7641&rft_id=info:doi/10.1016/j.resourpol.2012.04.001&rft_dat=%3Cproquest_cross%3E1753551678%3C/proquest_cross%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=1082140853&rft_id=info:pmid/&rft_els_id=S0301420712000220&rfr_iscdi=true |