Environmental Kuznets Curve (EKC): A Review of Theoretical and Empirical literature

The Environmental Kuznets Curve (EKC) conjecture seeks to establish an inverted U-shaped nexus between income per capita and environmental degradation. It posits that at early stages of economic growth and development, environmental degradation rises or increases at an increasing rate. Nonetheless, after some threshold of economic development, the co-movement tends to reverse at higher levels of economic progress