The granger causality relationship between human development and economic growth

Öztürk, Serdar; Suluk, Seher

doi:10.20525/ijrbs.v9i6.902

Cited by 5 publications

(4 citation statements)

References 20 publications

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“…The main advantage of the HDI is including non-economic factors. Many works [85][86][87] underlined that people and their capabilities should be one of the most important criteria to assess the development of a country. Economic growth contributes to human development (education, health) but on the other hand, an increase in the level of human development leads to more opportunities for economic growth.…”

Section: Discussionmentioning

confidence: 99%

Impact of Economic Affluence on CO2 Emissions in CEE Countries

Majewska

Gierałtowska

2022

Energies

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There is huge evidence for a relationship between economic growth and environmental degradation. One of the causes of environmental degradation is CO2 emission which is added to the atmosphere through human activities and excessive industrialization. The aim of this research is to examine the relationship between CO2 emissions and measures of wealth in countries of Central and Eastern Europe between 2000 and 2019. The paper extends the research on economic affluence by taking into consideration two measures of economic growth, in addition to GDP, the HDI index is included. The basis for the investigation is the EKC concept. All analyses are based on econometric models with GDP and the HDI index as independent variables. The results are not conclusive and there is no one model which best describes the relationship between CO2 emissions and economic growth. Verification of the models indicates the better fit of models with the HDI index as the measure of affluence. Moreover, the study confirms that the key factors affecting CO2 emissions are energy consumption per capita which leads to an increase in CO2 emissions, and renewable energy consumption which reduces CO2 emissions. Therefore, technological changes and an increase in human awareness of global sustainability are required.

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Section: Discussionmentioning

confidence: 99%

Impact of Economic Affluence on CO2 Emissions in CEE Countries

Majewska

Gierałtowska

2022

Energies

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“…This indicator can serve as a measure of a country's economic growth and well-being. Economically developed countries usually generate more waste due to a higher level of consumption, but also more efficient waste management systems [37][38][39][40].…”

Section: Multiple Regression Analysis Applied To the Indicators Studi...mentioning

confidence: 99%

Relationship between GDP and Municipal Waste: Regional Disparities and Implication for Waste Management Policies

Blagoeva,

Georgieva,

Dimova

2023

Sustainability

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This article analyses the relationship between various economic indicators, such as GDP per capita and socio-economic status, and municipal waste generation in Bulgaria compared to other EU countries. The study analyses how economic and social indicators in Bulgaria and other countries affect waste generation through multiple regression, hierarchical cluster, and comparative analyses. The objectives of the investigation include classifying countries according to the degree of relationship between GDP and municipal waste, comparing countries on these indicators, examining the profiles of different groups of countries according to their socio-economic status and the amount of waste generated, and analysing the relationship between GDP and municipal waste in different countries. Based on the results, sustainable waste management strategies are proposed, applicable not only in Bulgaria but also in other similar countries. This approach provides valuable guidance for formulating sustainable waste management policies and measures while highlighting the importance of economic and social factors in forming such strategies.

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“…Furthermore, Norway is a mixed economy heavily depending on its private sector; thus, allowing more labor participation rate and equal distribution of income. Additionally, the surplus in the trade of oil has led to increased public funding of educational and healthcare systems (Ozturk and Suluk 2020). From 2002 to 2004, Finland experienced extreme fluctuations in HDI.…”

Section: Introductionmentioning

confidence: 99%

Hydropower & HDI Nexus in Nordic Countries Using VAR Techniques

Metwally,

Nabil,

Yasser

2024

Economies

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Although the movement of people from rural to urban areas has caused the increased use of energy, the abundance of water resources can be made into a form of renewable energy known as hydroelectricity. As European countries are ranked as the first users and exporters of hydropower, the production of renewable energy in developed countries such as the Nordic region has caused great impacts on economic growth and human development. The importance of this paper is to investigate the relationship between hydroelectricity and the Human Development Index by depending on some variables such as urbanization, rule of law, corruption, trade openness, and GDP per capita from 2002 to 2021 in Nordic countries. The results were estimated depending on impulse response function after conducting the Vector autoregressive model (VAR) model and Granger causality test. Results showed a negative impact from hydro plants in the short run but a significant positive impact in the long run in Nordic countries. The long-term sustainment of Human Development Index (HDI) is due to policies limiting the immigration of labor as well as protection of energy use. Water batteries are gaining popularity across Europe and their implementation is near mandatory.

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The granger causality relationship between human development and economic growth

Cited by 5 publications

References 20 publications

Impact of Economic Affluence on CO2 Emissions in CEE Countries

Impact of Economic Affluence on CO2 Emissions in CEE Countries

Relationship between GDP and Municipal Waste: Regional Disparities and Implication for Waste Management Policies

Hydropower & HDI Nexus in Nordic Countries Using VAR Techniques

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