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Economic growth and the environment in high-performing East Asian countries : Lessons form South Korea

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  • Economic growth and the environment in high-performing East Asian countries
  • Ratnayake, Ravi; Kim, Woo-Young
  • The University of Auckland


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Title Economic growth and the environment in high-performing East Asian countries
Similar Titles
Sub Title

Lessons form South Korea

Material Type Reports
Author(English)

Ratnayake, Ravi; Kim, Woo-Young

Publisher

Auckland:The University of Auckland

Date 1999-02
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Conditions
Territorial Development < Environment
Holding The University of Auckland

Abstract

This paper examines the relationship between economic growth and environmental conditions in high performing Asian economies in the light of the South Korea's experience. We used Generalized Least Squares to regress thirteen indicators of environmental quality covering air pollution, water pollution, and industrial waste on GDP per capita and other explanatory variables. The results show that five out of the thirteen environmental quality indicators improve when per capita income increases while eight indicators show either a U-shape relationship or deterioration in environmental conditions with economic growth. Overall, the results support the claim that Korea's growth has been achieved at the cost of a reduction in some measures of environmental quality, perhaps due to delayed recognition of environmental problems associated with increased economic activities.