Environmental Macroeconomics: Economic Growth, Fiscal Spending and Environmental Quality

2016 ◽  
Vol /9 (3-4) ◽  
pp. 321-362 ◽  
Author(s):  
George E. Halkos ◽  
Epameinondas A. Paizanos
2021 ◽  
Author(s):  
Syed Abdul Rehman Khan ◽  
Danish Iqbal Godil ◽  
Muhammad Umer Quddoos ◽  
Zhang Yu ◽  
Muhammad Hanif Akhtar ◽  
...  

1995 ◽  
Vol 27 (5) ◽  
pp. 781-791 ◽  
Author(s):  
O Izraeli ◽  
L Mobley

In this paper it is shown that there is no support in economic theory for the suggested trade-off between jobs and the environment. Moreover, improved environmental quality may accelerate economic growth via improved health and productivity of workers, lower maintenance costs, and enhanced productivity of capital inputs. Also, empirical evidence is presented on the preference of the general public regarding environmental quality. The empirical evidence indicates that people are ready to trade part of their income for improved environmental quality.


2015 ◽  
Vol 7 (7) ◽  
pp. 9395-9416 ◽  
Author(s):  
Shushu Li ◽  
Jinglan Zhang ◽  
Yong Ma

2005 ◽  
Vol 3 (1) ◽  
pp. 297-306
Author(s):  
Paweł Bartoszczuk

Wraz z rosnącym zainteresowaniem rozwojem przyjaznych dla środowiska rozwiązań  problemów świata, włącznie z pogarszaniem się stanu globalnego środowiska i wahających się ekonomicznych warunków, zapotrzebowanie na metody przewidywania skutków decyzji politycznych staje się coraz bardziej pilne. Ten artykuł analizuje możliwy wpływ rozwoju ekonomicznego na jakość środowiska. Ostrzegamy, że bez znaczących redukcji w przerobie w konkretnym czasie, możemy oczekiwać pokaźnego spadku w głównych działach w produkcji jedzenia, zużycia energii i produkcji przemysłowej. Model przedstawiony w tym artykule powinien ostrzegać podejmujących decyzje o nadchodzącym problemie nagłych ekonomicznych wzrostów na świecie, gdzie zasoby zaczynają być wyeksploatowane.


Author(s):  
Ayoub Zeraibi ◽  
Daniel Balsalobre-Lorente ◽  
Khurram Shehzad

With rapid economic growth, the Chinese government expenditures at various levels have increased adequately. At the same time, the environmental quality in China has deteriorated significantly. In this study, provincial-level data for 31 Chinese provinces during 2007–2017 are used to investigate the impacts of government expenditure on the emissions of three specific measures of environmental degradation. The main objective of this study is to examine the influence of government expenditures, economic growth per capita, environment protection expenditure, and added second-sector value on environmental quality by measuring sulfur dioxide (SO2), chemical oxygen demand (COD), and ammonia nitrogen emissions (AN). Moreover, the study applied the generalized method of moments (GMM) and the fully modified least square (FMOLS) to estimate the co-integration relationship among the underlying factors. The results demonstrate a significant direct effect of government expenditure on improving environmental quality overall in the Chinese provinces, which increases with the level of economic growth. However, the results also confirmed the inverted N-shaped relationship between the pollution factor and economic growth per capita. Our key findings lead toward the manifestation and emphasis of the importance of appropriate policies for restoring government expenditure and, at the same time, strengthening the relationship between the industrial sector and environmental policy standards. Significantly, governments in developing countries should allocate larger budgets for environmental projects in their fiscal reforms for the sake of moving to greener and more inclusive economies with low-carbon activities.


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