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:: Volume 32, Issue 109 (quarterly journal of economic research and policies 2024) ::
qjerp 2024, 32(109): 98-138 Back to browse issues page
Examining the hypothesis of Kuznets environmental curve using Indicators of environmental performance and green economy growth
Mahshid Khorsand Vakilzadeh , Ali Jadidzadeh *
University of Tehran & Faculty of Economics , jadidzadeh@ut.ac.ir
Abstract:   (890 Views)
In order to investigate possible ways to reduce environmental degradation while increasing production and economic growth, it is important to study the relationship between carbon dioxide emissions and economic growth using environmental indicators. In this study, we examine the Kuznets environmental hypothesis through two indicators of environmental performance and green economy growth indices for panel data of 134 countries from 1980-1980 using the fixed effects models. The results show Kuznets's environmental hypothesis by both indicators is not rejected. Then, we examine the impact of trade, foreign direct investment, education and research and development on all three indicators using the fixed effect model. The results show that trade has a significant effect on the environmental performance index and CO2 emissions in the environmental Kuznets curve. Foreign direct investment has a significant effect only on the Kuznets curve index and leads to increased carbon dioxide emissions. Education growth has a positive and significant effect on the environmental performance index and Research and development growth has not significant effect on any of the indicators. According to the results, it is suggested to the policymakers to design and implement coherent environmental policies while paying attention to the development and increase of the income of their country by considering environmental indicators. For example, the increase in trade and education, if it is increased in a planned manner, according to the planned rules and principles, will improve the quality of the environment.
Keywords: Economic growth, Environmental Kuznets curve, Environmental performance, Green economy growth
Full-Text [PDF 1389 kb]   (406 Downloads)    
Type of Study: Research | Subject: Special
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Khorsand Vakilzadeh M, Jadidzadeh A. Examining the hypothesis of Kuznets environmental curve using Indicators of environmental performance and green economy growth. qjerp 2024; 32 (109) :98-138
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This work is licensed under a Creative Commons Attribution ۴.۰ International License (CC BY ۴.۰)
Volume 32, Issue 109 (quarterly journal of economic research and policies 2024) Back to browse issues page
فصلنامه پژوهشها و سیاستهای اقتصادی Journal of Economic Research and Policies
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