Open AccessThe Environmental Kuznets Curve: Recycling and the Role of Habit Formation
Author(s) -
Myrto Kasioumi
Publication year - 2021
Publication title -
review of economic analysis
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.101
H-Index - 1
ISSN - 1973-3909
DOI - 10.15353/rea.v13i3.4688
Subject(s) - kuznets curve , context (archaeology) , economics , habit , econometrics , geology , psychology , paleontology , psychotherapist
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.