The Causal Relationship among Sustainable Development Indicators and Economic Growth - The Case of EU28 Countries

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F16%3A39901981" target="_blank" >RIV/00216275:25410/16:39901981 - isvavai.cz</a>

Result on the web

<a href="http://ke.uniza.sk/sites/default/files/content_files/proceedings_part_i_0.pdf" target="_blank" >http://ke.uniza.sk/sites/default/files/content_files/proceedings_part_i_0.pdf</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

The Causal Relationship among Sustainable Development Indicators and Economic Growth - The Case of EU28 Countries

Original language description

The concept of sustainable development can be compared to issues like democracy and globalization, because it has become a widespread contest and very important in this present time. It has compelled many authors and researchers to delve into its pillars such as social, economic and environmental likewise its indicators. The main aim of authors and researchers is characterized by finding the direction and strengths of impact among the pillars and indicators and probably come up with distinct ideas to support decision making of policy makers. Specifically, the relationship between economic growth and environmental pollution, as well as economic growth and energy consumption, has been extensively studied over the past two decades. Our study is focused on the causal relationship among the sustainable development indicators (GDP, transportation, energy consumption, and carbon emission) and their impact on economics growth in the 27 EU countries during 2005-2014. Carbon emission is regarded responsible for the majority of greenhouse gases. We use Grey models to find the relationship among the indicators. The analyses of causal relation point up the strengths and weaknesses of the sustainable development indicators (S. D. I.) on the GDP and economic growth. Based on the results the appropriate recommendation will be made.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

AE - Management, administration and clerical work

OECD FORD branch

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Project

<a href="/en/project/GA14-02836S" target="_blank" >GA14-02836S: Modelling of knowledge spill-over effects in the context of regional and local development</a><br>

Continuities

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year

2016

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

Globalization and Its Socio-Economic Consequences 16th International Scientific Conference Globalization and Its Socio-Economic Consequences Proceedings

ISBN

978-80-8154-191-9

ISSN

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e-ISSN

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Number of pages

7

Pages from-to

468-474

Publisher name

Žilinská univerzita

Place of publication

Žilina

Event location

Rajecké Teplice

Event date

Oct 5, 2016

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

000393253800058