A Study on the Necessity of Different Policies for Different Country Groups in the Green Growth Process Cover Image

Yeşil Büyüme Sürecinde Farklı Ülke Grupları İçin Farklı Politikaların Gerekliliği Üzerine Bir İnceleme
A Study on the Necessity of Different Policies for Different Country Groups in the Green Growth Process

Author(s): Necla Kübra Gündüz, Ömer Faruk Biçen
Subject(s): National Economy, Supranational / Global Economy, Energy and Environmental Studies, Socio-Economic Research, Green Transformation
Published by: Celal Bayar Üniversitesi Sosyal Bilimler Enstitüsü
Keywords: Economic Growth; Green Growth; Institutional Factors; SGMM;

Summary/Abstract: Growth and development-based strategies that balance long-term economic growth with environmental quality have emerged in the current century as a result of the environmental impacts of economic growth. The idea of "green growth," which gained popularity at the start of the twentyfirst century, also accomplishes this. This study aims to investigate the institutional and economic factors that influence green growth in lower-middle-income, low-income, upper-middle-income, and high-income countries between 2000 and 2022. The results obtained within the framework of the system generalized method of moments showed that institutional factors such as the rule of law, economic freedom and political stability and the absence of violence/terrorism do not have any effect on green growth for all country groups. For various country groups, however, economic factors including economic growth, foreign direct investments, and the degree of openness have significant effects on green growth. Different policy suggestions for each country group should be taken into account in light of these findings.

  • Issue Year: 24/2026
  • Issue No: 01
  • Page Range: 435-462
  • Page Count: 28
  • Language: Turkish
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