Green Growth in the OECD Countries: A Multivariate Analytical Approach

Green growth is about merging environmental and social protection with economic growth. The OECD countries follow the progress toward greening though a set of indicators. The aim of the study is to analyze the condition and development of the OECD countries using a set of green growth indicators. Th...

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Main Authors: Beata Gavurova, Silvia Megyesiova, Matej Hudak
Format: Article
Language:English
Published: MDPI AG 2021-10-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/14/20/6719
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author Beata Gavurova
Silvia Megyesiova
Matej Hudak
author_facet Beata Gavurova
Silvia Megyesiova
Matej Hudak
author_sort Beata Gavurova
collection DOAJ
description Green growth is about merging environmental and social protection with economic growth. The OECD countries follow the progress toward greening though a set of indicators. The aim of the study is to analyze the condition and development of the OECD countries using a set of green growth indicators. The univariate and multivariate statistical approach was used to identify the main features of green growth development in two time spans. The achieved success of the OECD countries toward the green growth was measured from period 1 (years 2000–2009) to period 2 (years 2010–2019). For stimulant indicators, an increase was achieved, while for the destimulant variables, a decrease was reached between the analyzed periods. CO<sub>2</sub> productivity increased by more than 31%, material productivity by 25%, and the energy productivity by nearly 21%. From the ecological point of view, a positive sign was achieved by an intensive increase of the percentage of municipal waste treatment by recycling or composting. The real GDP increased between periods in each of the OECD countries, except in Greece. The destimulant indicators decreased over time. The mortality declined by about 20% from exposure to ambient PM<sub>2.5</sub> and thus the welfare costs of premature death from exposure to PM<sub>2.5</sub> also declined. The decline of the mean population exposure to PM<sub>2.5</sub> by 12.5% on average for the OECD countries is a positive signal for environmental protection and public health of the OECD population. Some uncertainty exists as the municipal waste generated per capita decreased only slightly by 2%.
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spelling doaj.art-1d0c278774c2401eb5735647f71275f72023-11-22T18:07:42ZengMDPI AGEnergies1996-10732021-10-011420671910.3390/en14206719Green Growth in the OECD Countries: A Multivariate Analytical ApproachBeata Gavurova0Silvia Megyesiova1Matej Hudak2Center for Applied Economic Research, Faculty of Management and Economics, Tomas Bata University in Zlín, 760 01 Zlín, Czech RepublicFaculty of Business Economy, University of Economics in Bratislava, 041 30 Košice, SlovakiaFaculty of Business Economy, University of Economics in Bratislava, 041 30 Košice, SlovakiaGreen growth is about merging environmental and social protection with economic growth. The OECD countries follow the progress toward greening though a set of indicators. The aim of the study is to analyze the condition and development of the OECD countries using a set of green growth indicators. The univariate and multivariate statistical approach was used to identify the main features of green growth development in two time spans. The achieved success of the OECD countries toward the green growth was measured from period 1 (years 2000–2009) to period 2 (years 2010–2019). For stimulant indicators, an increase was achieved, while for the destimulant variables, a decrease was reached between the analyzed periods. CO<sub>2</sub> productivity increased by more than 31%, material productivity by 25%, and the energy productivity by nearly 21%. From the ecological point of view, a positive sign was achieved by an intensive increase of the percentage of municipal waste treatment by recycling or composting. The real GDP increased between periods in each of the OECD countries, except in Greece. The destimulant indicators decreased over time. The mortality declined by about 20% from exposure to ambient PM<sub>2.5</sub> and thus the welfare costs of premature death from exposure to PM<sub>2.5</sub> also declined. The decline of the mean population exposure to PM<sub>2.5</sub> by 12.5% on average for the OECD countries is a positive signal for environmental protection and public health of the OECD population. Some uncertainty exists as the municipal waste generated per capita decreased only slightly by 2%.https://www.mdpi.com/1996-1073/14/20/6719green growthOECDproductivityintensityexposure to ambient PM<sub>2.5</sub>municipal waste
spellingShingle Beata Gavurova
Silvia Megyesiova
Matej Hudak
Green Growth in the OECD Countries: A Multivariate Analytical Approach
Energies
green growth
OECD
productivity
intensity
exposure to ambient PM<sub>2.5</sub>
municipal waste
title Green Growth in the OECD Countries: A Multivariate Analytical Approach
title_full Green Growth in the OECD Countries: A Multivariate Analytical Approach
title_fullStr Green Growth in the OECD Countries: A Multivariate Analytical Approach
title_full_unstemmed Green Growth in the OECD Countries: A Multivariate Analytical Approach
title_short Green Growth in the OECD Countries: A Multivariate Analytical Approach
title_sort green growth in the oecd countries a multivariate analytical approach
topic green growth
OECD
productivity
intensity
exposure to ambient PM<sub>2.5</sub>
municipal waste
url https://www.mdpi.com/1996-1073/14/20/6719
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