Environmental degradation and sustainable development of economies: empirical evidence on economic performance

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dc.authoridOzturk, Ilhan/0000-0002-6521-0901
dc.authoridLaghari, Fahmida/0000-0002-8457-0646
dc.contributor.authorLaghari, Fahmida
dc.contributor.authorAhmed, Farhan
dc.contributor.authorOzturk, Ilhan
dc.date.accessioned2025-03-07T20:19:26Z
dc.date.available2025-03-07T20:19:26Z
dc.date.issued2022
dc.departmentÇağ Üniversitesi
dc.description.abstractThe present paper aims to analyze the influence of environmental practices over the sustainable development of economies which create economic resilience for the economies classified according to different income levels. The authors aim to assess the impact of high environmental degradation (HED) on GDP growth volatility and GDP growth for economies over the long term and short term for the period of 1955-2020 in 124 countries. The findings of empirical analysis conclude that HED economies will have high growth in the long term than their counterparts. The economies of HED have a significant mean difference in volatility with their counterpart control group that implies HED economies have low volatility than the control group. Economies with HED have higher financial development relative to their control economies. The empirical analysis of robustness checks shows that economies with HED have low volatility in GDP and higher growth rates. HED economies enjoy high and sustainable financial development and high gross fixed capital formation, which signifies a high level of investment in their economy than their control counterpart.
dc.identifier.doi10.1007/s11356-022-19637-6
dc.identifier.endpage53672
dc.identifier.issn0944-1344
dc.identifier.issn1614-7499
dc.identifier.issue35
dc.identifier.pmid35290578
dc.identifier.scopus2-s2.0-85126330627
dc.identifier.scopusqualityQ1
dc.identifier.startpage53656
dc.identifier.urihttps://doi.org/10.1007/s11356-022-19637-6
dc.identifier.urihttps://hdl.handle.net/20.500.12507/3179
dc.identifier.volume29
dc.identifier.wosWOS:000769296200008
dc.identifier.wosqualityQ1
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.indekslendigikaynakPubMed
dc.language.isoen
dc.publisherSpringer Heidelberg
dc.relation.ispartofEnvironmental Science and Pollution Research
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_WoS_20241226
dc.subjectHigh environmental degradation
dc.subjectEconomic performance
dc.subjectSustainable development
dc.subjectEconomic resilience
dc.subjectPropensity score matching
dc.titleEnvironmental degradation and sustainable development of economies: empirical evidence on economic performance
dc.typeArticle

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