ECONOMIC GROWTH AND ENVIRONMENTAL PROTECTION
ECONOMIC GROWTH AND ENVIRONMENTAL PROTECTION
Author(s): Cătălina Camelia Joldeș, Diana-Gabriela PohațăSubject(s): National Economy, Energy and Environmental Studies, Economic development
Published by: Asociaţia de Cooperare Cultural-Educaţională Suceava
Keywords: GDP; expenditure; sustainable development; multiple linear regression; Granger causality;
Summary/Abstract: In this research, we analyzed the link between economic growth and environmental protection for countries like: Austria, Czech Republic and Hungary. For the economic growth we used gross domestic products (GDP) as a proxy and for the environmental protection we decided to use general government expenditure by function such as: environmental protection, waste management, pollution abatement, protection of biodiversity and landscape and R&D environmental protection. Due to the restrictions in finding the data, we decided that the period under investigation would be 1995-2017. The empirical results confirmed the presence of a positive link between GDP and expenditures for all the countries analyzed, a fact confirmed by the other existing studies. After applying the Granger causality test, only in the case of Hungary was identified a unidirectional causality from GDP to R&D environmental protection.
Journal: Ecoforum
- Issue Year: 10/2021
- Issue No: 1
- Page Range: 0-0
- Page Count: 11
- Language: English