Economic growth as a proxy for environmental performance: Exploring the informational content of the environmental performance index

BRICS countries have experienced rapid economic growth and played a vital role in the world economy because of their capacity to produce large number of manufacturing products, supplies of raw materials, natural resources and the advantage of geographical locations and demographic attributes. Extremely speedy process of industrialization process has been acting as one of the key driving forces for rapid economic growth. According to the IAEA, coal use in India and China will more than double by 2050. To achieve high economic growth, these countries are facing severe environmental problem. India and China were the top two nations with largest total ecological footprints in 2003. Research question of the study is whether relationship between Environmental Performance Index and GDP growth rate in BRICS countries prevails? The study used secondary sources. The study used a sample of five emerging developing countries (BRICS) namely Brazil, Russia, India, China and South Africa. This study examined Environmental Performance Index (EPI) and GDP trends. Based on the collected data covering the period of 2002 to 2016, the analysis indicates that there is a negative relationship between GDP growth rate and Environmental Performance index. However, the study observed that strong correlation between EPI and GDP growth rate except Russia did not prevail. National accounting procedure should include environmental impact which needs to be addressed by the policy makers as suggested by authors.

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Environmentalism and economic development: theinterconnectionproblems

Herald of Ternopil National Economic University ◽

10.35774/visnyk2019.04.019 ◽

2019 ◽

pp. 19-28

Author(s):

Iryna Karp ◽

Anastasiya Virkovska

Keyword(s):

Economic Growth ◽

Economic Development ◽

Low Income ◽

Performance Index ◽

Environmental Performance ◽

Social Life ◽

Cultural Development ◽

Modern World ◽

Environmental Performance Index ◽

The World

Introduction. Modern world development is being influenced by global processes, which reflect the specifics and directions of its functioning. First and foremost, it is a matter of interconnecting the interests of the world community to achieve common goals of economic, political, environmental, social, and cultural development. The discrepancy between the system of economic activity and the ecological capabilities of the world requires justification of such implementation directions on a global scale, which would take into account the need to ensure the rational development of the ecological component of this process. The current crisis is the result of modern industrial civilization, which, unfortunately, does not guarantee humanity a decent eco-future and the prospect of self-preservation of the ecosystem and reproduction of resources, taking into account the needs of future generations in a planetary dimension. Purpose. This research was conducted to investigate and identify the relationship between ‘greening’ and economic development. The article traces the dependence of the Gini index on the Environmental Performance Index. It is proved that the natural environment not only influences, but is crucial for social life. Methods. Research methods that examine and investigate the problem of environmentalism and economic development are an analysis of their relationship; comparison to describe the Gini coefficient and income inequality; statistical for the calculation of the interdependence between EPI and NIGI. Results. The results show that the lower the Environmental Performance Index is, the worse the situation is in the areas such as economic, environmental, social and others. Consequently, globalization has a statistically significant impact on economic growth. High- and middle-income countries benefit from globalization, while low-income countries do not. Discussion. In fact, countries must receive an adequate level of income to benefit from globalization and ecologization. Globalization processes are making adjustments to global economic growth and, accordingly, to global economic development. Not only does globalization directly contribute to economic growth, but it also indirectly does so through various additional reforms.

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The Effect of Energy Usage, Economic Growth, and Financial Development on CO2 Emission Management: An Analysis of OECD Countries with a High Environmental Performance Index

Energies ◽

10.3390/en14154671 ◽

2021 ◽

Vol 14 (15) ◽

pp. 4671

Author(s):

Katarzyna Szymczyk ◽

Dilek Şahin ◽

Haşim Bağcı ◽

Ceyda Yerdelen Kaygın

Keyword(s):

Economic Growth ◽

Energy Consumption ◽

Co2 Emissions ◽

Financial Development ◽

Performance Index ◽

Environmental Performance ◽

Urban Population ◽

Trade Openness ◽

Environmental Performance Index ◽

Growth Energy

The environmental performance index was developed to protect public health, and to sustain and manage the ecological vitality that is a crucial factor in countries’ social and economic development. The increase in CO2 emissions has been threatening environmental and human health. The main objective of this study is to evaluate the impact of economic growth, energy consumption, energy management, the urban population, trade openness, and financial development on CO2 emissions in the OECD countries that have a high ranking in the environmental performance index by utilizing the panel data analysis method for the years spanning 1990–2014. This assessment finds positive relationships between economic growth, energy consumption, and the urban population, and CO2 emissions. Moreover, it is put forward that a negative and significant relationship between financial development and CO2 emissions exists. Despite displaying a similar negative correlation, the relationship between trade openness and CO2 emissions is insignificant. In the Dumitrescu-Hurlin panel causality test conducted, it was seen that a two-way causality is prevalent between energy consumption and CO2 emissions. In addition, interrelations where CO2 emissions cause trade openness, and the urban population is an explanatory variable of the former relationship, were discovered.

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Environmental Performance Index: Regional Aspect

E3S Web of Conferences ◽

10.1051/e3sconf/20184102003 ◽

2018 ◽

Vol 41 ◽

pp. 02003

Author(s):

Sergey Bereznev ◽

Olga Zonova ◽

Evdokiya Kulpina

Keyword(s):

Performance Index ◽

Environmental Performance ◽

Efficiency Index ◽

Environmental Indicators ◽

Regional Level ◽

Environmental Efficiency ◽

Maximum Correlation ◽

National System ◽

Environmental Performance Index ◽

Regional Aspect

The methodology of calculation of environmental performance index is considered in the article. The necessity of assessing the environmental efficiency index at the regional level in connection with which the authors attempted to adapt the indicators is proved; the recommendations on improving the national system of environmental indicators for the purpose of maximum correlation with the indicators of the environmental performance index are given.

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MEASURING THE ENVIRONMENTAL PERFORMANCE OF COUNTRIES BY CODAS AND TOPSIS METHODS: G7 GROUP COUNTRIES EXAMPLE

Ulakbilge Dergisi ◽

10.7816/ulakbilge-09-59-05 ◽

2021 ◽

Vol 9 (59) ◽

Keyword(s):

Environmental Protection ◽

Performance Index ◽

Environmental Performance ◽

Topsis Method ◽

Data Set ◽

Future Studies ◽

Environmental Performance Index ◽

Two Factors ◽

The Usa ◽

Very High

With the awareness of their environmental performance, countries can provide strategies and policies to improve their environmental performance. Thus, countries can contribute to their own economic development by increasing their environmental performance. Therefore, measuring the environmental performance of countries is of great importance. Environmental performance of countries can be measured by the Environmental Performance Index (EPI). EPI consists of two factors, environmental health and ecosystem vitality. Its factors are environmental protection components, and environmental protection components are environmental protection variables. In this context, the research has two purposes. The first of these,To measure the latest and up-to-date environmental performances of the G7 group countries for 2018, using CODAS and TOPSIS multi-criteria decision-making methods (MCDM) over the values of EPI components. The second is to determine which MCDM method can be used to explain the EPI values of countries the most. According to the findings, the ranking of countries' environmental performance with the CODAS method was determined as England, France, Japan, Germany, Canada, Italy and the USA. According to the TOPSIS method, this ranking was determined as England, France, Germany, Japan, Canada, Italy and the USA. According to another finding, it has been observed that there is a significant, positive and very high relationship between the EPI values of the countries and the values measured by the CODAS and TOPSIS methods. According to this result, it was evaluated that EPI can be explained by both methods. In addition, it has been concluded that the correlation value between TOPSIS values of EPI within the scope of the research is higher than the CODAS method, so it can be explained better with the TOPSIS method compared to the EPI CODAS method. In the literature, in order not to find a study measuring the environmental performance of countries with CODAS and TOPSIS methods, it was evaluated that the study in question contributed to the literature, since the findings obtained as a result of the research became a data set for future studies. Keywords: Environmental Performance, Environmental Performance Index, CODAS, TOPSIS

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Environmental Performance Index: relation between social and economic welfare of the countries

Environmental Economics ◽

10.21511/ee.09(3).2018.01 ◽

2018 ◽

Vol 9 (3) ◽

pp. 1-11 ◽

Cited By ~ 9

Author(s):

Tetyana Pimonenko ◽

Oleksii Lyulyov ◽

Olena Chygryn ◽

Maksim Palienko

Keyword(s):

Sustainable Development ◽

Environmental Policy ◽

Performance Index ◽

Environmental Performance ◽

Social Progress ◽

Economic Welfare ◽

Sustainable Development Goal ◽

Development Goal ◽

Environmental Performance Index ◽

Strong Position

The paper deals with the analysis of methodology of Environmental Performance Index. The authors analyzed and systematized the main existing integrated indices, which were used for evaluation of environmental, social and economic situation in the countries. The authors allocated the environmental performance index as a basis for analyzing the environmental policy of the country. In this direction, the authors analysed the main features, structure and indicators of environmental performance index. The authors allocated the world-leader countries with huge level of CO2 emissions. According to the results, the authors aproved that these countries should improve their environmental policy. Accordingly, they occupied less position in environmental performance index. For the purpose to analyze the relation between ecological, social and economic welfare, the authors analyzed score of sustainable development goal index, social progress index and gross domestic product per capita. The comparison analysis of findings showed that countries with good position on environmental performance index have the strong position on sustainable development goal index and social progress index. The authors suggested that Ukraine should orient to the EU countries with purpose to improve the environmental policy.

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