Econometric Evaluation of the European Union's Progress in Environmental Protection Through the Lens of Economic Well-Being
This paper aims to analyze, through econometric methods, the relationship between economic well-being and the progress indicators of the European Union in the field of environmental protection. The aim is to assess to what extent economic growth can coexist with reducing the negative impact on the e...
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| Format: | Article |
| Language: | English |
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Universitaria Publishing House
2024-11-01
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| Series: | Finanţe: Provocările viitorului |
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| Online Access: | https://feaa.ucv.ro/finance/fisiere/revista/65095516108_Cercel_Camelia.pdf |
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| author | Camelia CERCEL ZAMFIRACHE |
| author_facet | Camelia CERCEL ZAMFIRACHE |
| author_sort | Camelia CERCEL ZAMFIRACHE |
| collection | DOAJ |
| description | This paper aims to analyze, through econometric methods, the relationship between economic well-being and the progress indicators of the European Union in the field of environmental protection. The aim is to assess to what extent economic growth can coexist with reducing the negative impact on the environment, thus providing a framework for more effective public policies. In order to demonstrate the existing link between the indicators for measuring the progress of the European Union to protect the environment, we extracted one of each, thus performing a correlation analysis between them and economic well-being. Economic well-being was represented by the GDP/capita indicator. In this analysis, we used both the Pearson correlation index and the Spearman correlation index. The analyzed period is the period of 2012-2021. The analysis carried out has as a reference the level of the EU-27 indicator from each variable selected in the sample. |
| format | Article |
| id | doaj-art-ce2536b96edb4d4f97e46f8013ae1e98 |
| institution | DOAJ |
| issn | 1583-3712 |
| language | English |
| publishDate | 2024-11-01 |
| publisher | Universitaria Publishing House |
| record_format | Article |
| series | Finanţe: Provocările viitorului |
| spelling | doaj-art-ce2536b96edb4d4f97e46f8013ae1e982025-08-20T02:52:55ZengUniversitaria Publishing HouseFinanţe: Provocările viitorului1583-37122024-11-01126109118Econometric Evaluation of the European Union's Progress in Environmental Protection Through the Lens of Economic Well-BeingCamelia CERCEL ZAMFIRACHE0University of CraiovaThis paper aims to analyze, through econometric methods, the relationship between economic well-being and the progress indicators of the European Union in the field of environmental protection. The aim is to assess to what extent economic growth can coexist with reducing the negative impact on the environment, thus providing a framework for more effective public policies. In order to demonstrate the existing link between the indicators for measuring the progress of the European Union to protect the environment, we extracted one of each, thus performing a correlation analysis between them and economic well-being. Economic well-being was represented by the GDP/capita indicator. In this analysis, we used both the Pearson correlation index and the Spearman correlation index. The analyzed period is the period of 2012-2021. The analysis carried out has as a reference the level of the EU-27 indicator from each variable selected in the sample.https://feaa.ucv.ro/finance/fisiere/revista/65095516108_Cercel_Camelia.pdfeconomic well-beingsustainable developmentsustainable development indicatorseconometric evaluation |
| spellingShingle | Camelia CERCEL ZAMFIRACHE Econometric Evaluation of the European Union's Progress in Environmental Protection Through the Lens of Economic Well-Being Finanţe: Provocările viitorului economic well-being sustainable development sustainable development indicators econometric evaluation |
| title | Econometric Evaluation of the European Union's Progress in Environmental Protection Through the Lens of Economic Well-Being |
| title_full | Econometric Evaluation of the European Union's Progress in Environmental Protection Through the Lens of Economic Well-Being |
| title_fullStr | Econometric Evaluation of the European Union's Progress in Environmental Protection Through the Lens of Economic Well-Being |
| title_full_unstemmed | Econometric Evaluation of the European Union's Progress in Environmental Protection Through the Lens of Economic Well-Being |
| title_short | Econometric Evaluation of the European Union's Progress in Environmental Protection Through the Lens of Economic Well-Being |
| title_sort | econometric evaluation of the european union s progress in environmental protection through the lens of economic well being |
| topic | economic well-being sustainable development sustainable development indicators econometric evaluation |
| url | https://feaa.ucv.ro/finance/fisiere/revista/65095516108_Cercel_Camelia.pdf |
| work_keys_str_mv | AT cameliacercelzamfirache econometricevaluationoftheeuropeanunionsprogressinenvironmentalprotectionthroughthelensofeconomicwellbeing |