Environmental Kuznets Curve: Myth Or Reality Evidence From Pakistan

Environmental Kuznets Curve has become an interesting part of the economic literature due to the increased importance of the environment. That¿s why environment has become a luxury commodity in the developed world. People use to give much more importance to it. The existence of the Environmental Kuznets Curve has been checked in developed world and also in the developing world. In case of Pakistan, it is a second study for the existence of EKC. The objectives have been set to check the validity of EKC with different energy indicators. Autoregressive distributive lag model (ARDL) has been used to find the long run and short run relationship among the pollution and the energy indicators. Finally it has been proved that Environmental Kuznets curve exist in Pakistan, it is not a myth but reality and different suggestions have been made for the environmental improvises.