2021
DOI: 10.3390/en14154600
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Connecting Blue Economy and Economic Growth to Climate Change: Evidence from European Union Countries

Abstract: Blue Economy represents a new and interesting concept on a global level, both from the economic potential but also by the fact that it can be used to reduce environmental degradation. The main goal of this research is to identify the causality relations between the greenhouse gas emissions, the Blue Economy and economic growth based on a panel of annual data from the 28 countries that are members of the European Union (EU) over the 2009–2018 period. After applying stationarity and cointegration tests, the long… Show more

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Cited by 23 publications
(9 citation statements)
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“…In addition, the use of renewable energy, the enhancement of energy efficiency, and the promotion of the blue economy have been proven to help sustainable development [12][13][14][15][16]28,29,[55][56][57][58]. Consequently, countries should focus on developing their economy from this base, avoiding policies that promote economic expansion at the price of environmental deterioration.…”
Section: Policy Recommendationsmentioning
confidence: 99%
See 1 more Smart Citation
“…In addition, the use of renewable energy, the enhancement of energy efficiency, and the promotion of the blue economy have been proven to help sustainable development [12][13][14][15][16]28,29,[55][56][57][58]. Consequently, countries should focus on developing their economy from this base, avoiding policies that promote economic expansion at the price of environmental deterioration.…”
Section: Policy Recommendationsmentioning
confidence: 99%
“…Leitão et al [28] studied the linkage between emissions, economic growth, tourism, and renewable energy in the European Union. Bădîrcea et al [29] studied the relationship between climate change, emissions, and the blue economy, and Karman et al [30] presented a climate model to evaluate regional competitiveness.…”
Section: Introductionmentioning
confidence: 99%
“…In order to meet the research objective, we combined the research model which surmises the environment in terms of quality and sustainability proposed by Bhutta [ 47 ], with the research models which include variables that characterize the agri-environmental policy proposed by other authors [ 48 , 49 , 50 , 51 , 52 ]. The results of these combinations led to the development of three econometric models that can respond to the formulated hypotheses and cover the gaps in the literature in the field:…”
Section: Functional Form Of Variables and Econometric Techniquesmentioning
confidence: 99%
“…Hence, because of the extremely changing geopolitical context, as well as the social and economic challenges, the Common Agricultural Policy (CAP) has been forced to constantly modernize. It also had to adapt to the complexity of realities generated by the expansion of the accession process and the doubling of the agricultural population at the European level, as well as the emergence of some new challenges, such as climate change, food security, and the sustainable management of natural resources [17,18].…”
Section: Introductionmentioning
confidence: 99%