EKC curve

Approximately 1 Min Read

do the following a , b and c only
Requirements: just good
Topic: Environmental Kuznets Curve (EKC)
Important Notes:
Choose a country of your choice (the country you have already chosen).
Use the excel data (two files) provided with the assignment.
You should provide the excel files including the regression results and figure
You should also provide the word file including the OLS regression results with figure and answers of the followings:
Run the basic OLS regression and show the estimation results. The equation for the standard EKC is:
C = a + b1Y + b2Y2 + error
Where C is carbon emissions (dependent variable) and Y is GDP (Independent variable). (3 Marks)
Draw the figure/diagram from the CO2 and GDP data and explain the relationship between these two variable for your chosen country. (3 marks)
From the OLS estimation results explain whether EKC supported or not in your country. Why? (4 Marks)

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