Staten, klimatet och ekonomisk tillväxt: En regressionsanalys av offentliga utgifter riktade mot miljöskydd och dess effekter på tillväxttakten i BNP per capita
(2021) NEKH04 20211Department of Economics
- Abstract
- Economic growth has a historical correlation with environmental degradation which consequently manifests as a risk for future growth. This study aims to examine the relationship between public expenditure on environmental protection and economic growth in the EU member states, using economic theory and multiple linear regression analysis. EU member states are utilized because of the shared similarity in size of public sectors and their aligned economic politics. In the empirical study, environmental protection is compared with two additional governmental actions, research and development (R&D), and environmental taxes. Previous research on this subject is limited and therefore, theoretical perspectives on both public expenditure as well as... (More)
- Economic growth has a historical correlation with environmental degradation which consequently manifests as a risk for future growth. This study aims to examine the relationship between public expenditure on environmental protection and economic growth in the EU member states, using economic theory and multiple linear regression analysis. EU member states are utilized because of the shared similarity in size of public sectors and their aligned economic politics. In the empirical study, environmental protection is compared with two additional governmental actions, research and development (R&D), and environmental taxes. Previous research on this subject is limited and therefore, theoretical perspectives on both public expenditure as well as on climate change on economic growth are used in the analysis. The study establishes that public expenditure on environmental protection has a significant negative effect on economic growth. Since environmental protection fails to generate technological development, it can be regarded as an ineffective allocation of government resources. This poses the question of whether sustainable economic growth is achievable at all, and if so, what governmental measures can be implemented to generate it. (Less)
- Popular Abstract
- Economic growth has a historical correlation with environmental degradation which consequently manifests as a risk for future growth. This study aims to examine the relationship between public expenditure on environmental protection and economic growth in the EU member states, using economic theory and multiple linear regression analysis. EU member states are utilized because of the shared similarity in size of public sectors and their aligned economic politics. In the empirical study, environmental protection is compared with two additional governmental actions, research and development (R&D), and environmental taxes. Previous research on this subject is limited and therefore, theoretical perspectives on both public expenditure as well as... (More)
- Economic growth has a historical correlation with environmental degradation which consequently manifests as a risk for future growth. This study aims to examine the relationship between public expenditure on environmental protection and economic growth in the EU member states, using economic theory and multiple linear regression analysis. EU member states are utilized because of the shared similarity in size of public sectors and their aligned economic politics. In the empirical study, environmental protection is compared with two additional governmental actions, research and development (R&D), and environmental taxes. Previous research on this subject is limited and therefore, theoretical perspectives on both public expenditure as well as on climate change on economic growth are used in the analysis. The study establishes that public expenditure on environmental protection has a significant negative effect on economic growth. Since environmental protection fails to generate technological development, it can be regarded as an ineffective allocation of government resources. This poses the question of whether sustainable economic growth is achievable at all, and if so, what governmental measures can be implemented to generate it. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9049492
- author
- Schöldtz, Andrea LU and Vidman, Tilde
- supervisor
- organization
- alternative title
- Public Expenditure on Environmental Protection and Economic Growth
- course
- NEKH04 20211
- year
- 2021
- type
- M2 - Bachelor Degree
- subject
- keywords
- Economic Growth, Public Expenditure, Environmental Protection, Climate Change, European Environmental Policy
- language
- Swedish
- id
- 9049492
- date added to LUP
- 2021-07-05 13:29:50
- date last changed
- 2021-07-05 13:29:50
@misc{9049492,
abstract = {{Economic growth has a historical correlation with environmental degradation which consequently manifests as a risk for future growth. This study aims to examine the relationship between public expenditure on environmental protection and economic growth in the EU member states, using economic theory and multiple linear regression analysis. EU member states are utilized because of the shared similarity in size of public sectors and their aligned economic politics. In the empirical study, environmental protection is compared with two additional governmental actions, research and development (R&D), and environmental taxes. Previous research on this subject is limited and therefore, theoretical perspectives on both public expenditure as well as on climate change on economic growth are used in the analysis. The study establishes that public expenditure on environmental protection has a significant negative effect on economic growth. Since environmental protection fails to generate technological development, it can be regarded as an ineffective allocation of government resources. This poses the question of whether sustainable economic growth is achievable at all, and if so, what governmental measures can be implemented to generate it.}},
author = {{Schöldtz, Andrea and Vidman, Tilde}},
language = {{swe}},
note = {{Student Paper}},
title = {{Staten, klimatet och ekonomisk tillväxt: En regressionsanalys av offentliga utgifter riktade mot miljöskydd och dess effekter på tillväxttakten i BNP per capita}},
year = {{2021}},
}