IIT Madras study disproves ‘Kuznets curve’ hypothesis on environment

The Hindu Business Line | Feb 23, 2021 at 8:28 AM
  • Nobel laureate Simon Kuznets (1971 Economics) was of the opinion that as a country grows rich, the environment (like economic equality) suffers initially; but over time, the environmental damage (like economic inequality) declines.
  • For this study, the IIT Madras researchers calculated environment efficiency in terms of carbon dioxide and sulfur dioxide emissions (the more of these emissions meant less environment efficiency).
  • An insignificant impact of growth on efficiency is observed in case of SO2.