Kuznets Curve and Multiple Fiscal Jurisdictions Cover Image

Krzywa Kuznetsa a wielość jurysdykcji fiskalnych
Kuznets Curve and Multiple Fiscal Jurisdictions

Author(s): Artur Nowak-Far
Subject(s): Public Administration, Public Law, Sociology, Law on Economics, Public Finances
Published by: Szkoła Główna Handlowa w Warszawie
Keywords: Kuznets curve; fiscal policy; fiscal federalism; environmental policy; industrial policy;

Summary/Abstract: Environmental Kuznets Curve (EKC) is often used to illustrate differences in intensity of environmental externalities creation under various jurisdictions. From the point of view of environment exploitation those jurisdictions are usually arbitrary. As a result conclusions drawn from them may be incorrect and public policy based on them inaccurate (e.g. the territory were environmental regulations are applied does not match with the territory where they are needed). As a consequence, predictions based on statistical interpretation of EKC are unreliable and the policy based on them prove to be inefficient. Therefore, it seems that EKC should be used for predictions only for large jurisdictions or groups of jurisdictions.

  • Issue Year: 1/2014
  • Issue No: 1
  • Page Range: 57-79
  • Page Count: 23
  • Language: English, Polish