Determining relationship between economic growth and environmental protection

The subject of this paper is the analysis of the relationship between economic growth and the environment performance. The authors have investigated the EPI index while our research covered the period 2010-2018. The findings reveal that environmental policy directly and positively influences economi...

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Bibliographic Details
Main Authors: Ignjatijević Svetlana, Aničić Anđelka, Vapa-Tankosić Jelena, Belokapić-Čavkunović Jelena
Format: Article
Language:English
Published: Center for Economic and Financial Research, Belgrade 2020-01-01
Series:Oditor
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/2217-401X/2020/2217-401X2001038I.pdf
Description
Summary:The subject of this paper is the analysis of the relationship between economic growth and the environment performance. The authors have investigated the EPI index while our research covered the period 2010-2018. The findings reveal that environmental policy directly and positively influences economic performance through the improvement of environmental conditions. However, many analysts fear that the demands of the green economy already create high costs, and that its benefits will be materialized in the long term. Finally, sustainable business operations - the green economy requires timely harmonization, in order to fulfill the goals of environmental protection.
ISSN:2217-401X
2683-3476