Sustainable Economic Development and Environmental Performance of Developing and Developed Countries

At present, many economies are suffering from environmental problems that have significant effects on the climate and life of human beings, thus, the governments and institutions work to reduce the industrial negative effects on the environment. Past studies focus on the nexus of sustainable economi...

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Bibliographic Details
Published inJournal of Environmental Management & Tourism Vol. 12; no. 2; pp. 429 - 443
Main Authors Tan, Chee Leong, Ong, Tze San, SOH, Wei NI, Rahim, Norhuda Abdul
Format Journal Article
LanguageEnglish
Published Craiova ASERS Ltd 01.04.2021
Subjects
Biodiversity
Business metrics
Climate change
Consumption
Developed countries
Developing countries
Economic activity
Economic development
Economic growth
Economic policy
Environmental economics
Environmental effects
Environmental impact
Environmental performance
Environmental protection
Environmental regulations
GDP
GNI
Gross Domestic Product
Gross National Income
Industrialized nations
LDCs
Native peoples
Natural resources
Sustainability
Sustainable development
Tourism
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Summary:At present, many economies are suffering from environmental problems that have significant effects on the climate and life of human beings, thus, the governments and institutions work to reduce the industrial negative effects on the environment. Past studies focus on the nexus of sustainable economic development (SED) and environmental performance (EP) at the company or institution level. This study focused on the country level, and also further examined the outcome in developing and developed countries. This study examines the nexus between sustainable economic development and environmental performance of both developed and developing countries. The data of SED obtained from World Bank and Environmental Performance Index (EPI) for the period 2006-2016. This study also takes into consideration the control variable (CV) of primary school enrolment (SCH) and country population (POP), which may potentially influence the outcome of this study. For the analysis, the study employs panel regression model. The findings revealed that most of the proxies of SED have significant relationship with EPI.
ISSN:2068-7729
DOI:10.14505/jemt.12.2(50).11