Approaches to the Formation of a Theoretical Model for the Analysis of Environmental and Economic Development

  • Denys HOROBCHENKO Sumy State University, Ukraine
  • Viacheslav VORONENKO Sumy State University, Ukraine

Abstract

The paper considers the influence of economic development factors on the state of the environment. The subject of the research is the processes of improving the sustainable development (SD). A theoretical model for analysis of environmental and economic development was worked out based on the existing methods and a more comprehensive presentation of information on the parameters of SD. Possibilities of achieving the Environmental Kuznets Curve as the conditions for the SD improvement are determined. A minimum condition to guarantee the nonavailability of deterioration in the SD was determined to overcome the point of maximum pollution. This point describes emissions of pollutants, taking into account the accumulation effect of the pollution, which can be observed from the moment of exceeding of the assimilation potential of the environment. Proposed approaches were applied to the development analysis relative to the environmental component, the case of carbon dioxide (CO2) emissions in Ukraine. Accordingly, Ukraine has a predominantly positive trend towards the SD relative to the environmental component. This trend is partly supported by predominant decrease in specific CO2 emissions per unit of output in the economy. On the other hand, there was a significant increase in the concentration of Ukraine's CO2 emissions in the atmosphere, despite the fact that the overall level of emissions has decreased. Therefore, overcoming the tendency of increase in the concentration of pollution requires a significant increase in the environmental effects of economic activities and the coordination of actions on the international level.

References

[1] Antle, J.M., and Heidebrink, G. 1995. Environment and Development: Theory and International Evidence. Economic Development and Cultural Change, 43(3): 603-625. DOI: https://doi.org/10.1086/452171
[2] Apergis, N., and Payne, J.E. 2010. The Emissions, Energy Consumption, and Growth Nexus: Evidence from the Commonwealth of Independent States. Energy Policy, 38(1): 650-655. DOI: https://doi.org/10.1016/j.enpol.2009.08.029
[3] Ben Jebli, M., Ben Youssef, S., and Ozturk, I. 2016. Testing Environmental Kuznets Curve Hypothesis: The Role of Renewable and Non-renewable Energy Consumption and Trade in OECD Countries. Ecological Indicators, 60: 824-831. DOI: https://doi.org/10.1016/j.ecolind.2015.08.031
[4] Costanza, R., and Daly, H.E. 1992. Natural Capital and Sustainable Development. Conservation Biology, 6: 37-46. DOI: https://doi.org/10.1046/j.1523-1739.1992.610037.x
[5] Dasgupta, S., Laplante, B., Wang, H., and Wheeler, D. 2002. Confronting the Environmental Kuznets Curve. Journal of Economic Perspectives, 16(1): 147-168. DOI: https://doi.org/10.1257/0895330027157
[6] De Bruyn, S.M., Van Den Bergh, J.C.J.M., and Opschoor, J.B. 1995. Empirical Investigations in Environmental-Economic Relationships Reconsidering the Empirical Basis of Environmental Kuznets Curves and the De-linking of Pollution from Economic Growth. Tinbergen Institute, Amsterdam.
[7] Grossman, G.M., and Krueger, A.B. 1991. Environmental Impacts of a North American Free Trade Agreement. National Bureau of Economic Research, 3914: 1-39. DOI: https://doi.org/10.3386/w3914
[8] Janssens-Maenhout, G., Crippa, M., Guizzardi, D., Muntean, M., Schaaf, E., Olivier, J.G.J., Peters, J.A.H.W., and Schure, K.M. 2017. Fossil CO2 and GHG Emissions of All World Countries. Publications Office of the European Union, Luxembourg.
[9] Kaika, D., and Zervas, E. 2013. The Environmental Kuznets Curve (EKC) Theory–Part A: Concept, Causes and the CO2 Emissions Case. Energy Policy, 62: 1392-1402. DOI: https://doi.org/10.1016/j.enpol.2013.07.131
[10] Kattumuri, R. 2018. Sustaining natural resources in a changing environment: evidence, policy and impact. Contemporary Social Science, 13(1): 1-16. DOI: https://doi.org/10.1080/21582041.2017.1418903
[11] Kovalov, B., Burlakova, I., and Voronenko, V. 2017. Evaluation of Tourism Competitiveness of Ukraine's Regions. Journal Of Environmental Management And Tourism, 8(2): 460-466. DOI: https://doi.org/10.14505//jemt.v8.2(18).19
[12] Li, H., Berrens, R.P., and Grijalva, Th. 2007. Economic Growth and Environmental Quality: a Meta-analysis of Environmental Kuznets Curve Studies. Economics Bulletin, 17(5): 1-11.
[13] OECD. 2014. Green Growth Indicators 2014. OECD Publishing, Paris.
[14] Olivier, J.G.J., Janssens-Maenhout, G., Muntean, M., and Peters, J.A.H.W. 2015. Trends in Global CO2 Emissions: 2015 Report. PBL Netherlands Environmental Assessment Agency, The Hague.
[15] Ruttan, V.W. 1971. Technology and the Environment. American Journal of Agricultural Economics, 53(5): 707-717.
[16] Shkarupa, O.V., Karintseva, O.I., Shkarupa, I.S. 2016. Innovation potential of ecological modernization for green growth of economics: A case study. International Journal of Ecology and Development, 31(1): 73-82.
[17] Siegenthaler, U. 1983. Uptake of Excess CO2 by an Outcrop-diffusion Model of the Ocean. Journal of Geophysical Research: Oceans, 88(C6): 3599-3608. DOI: https://doi.org/10.1029/JC088iC06p03599
[18] Sotnyk, I.M. 2012. Trends and problems in management of production and consumption dematerialization. Actual Problems of Economics, 134(8): 62-67.
[19] Stern, D.I. 2017. The Environmental Kuznets Curve after 25 Years. Journal of Bioeconomics, 19(1): 7-28. DOI: https://doi.org/10.1007/s10818-017-9243-1
[20] Stokey, N.L. 1998. Are There Limits to Growth? International Economic Review, 39(1): 1-31. DOI: https://doi.org/10.2307/2527228
[21] UNDP Ukraine. 2017. Incorporation of the recommendations regarding implementation of the UN Framework Convention on Climate Change in Ukraine. Available at: http://www.ua.undp.org/content/ukraine/uk/home/ourperspective/ourperspectivearticles/2017/12/08/analytic-report-climate-change-recommendations.html
[22] Voronenko, V., Kovalov, B., Horobchenko, D., and Hrycenko P. 2017. The Effects of the Management of Natural Energy Resources in the European Union. Journal of Environmental Management and Tourism, 8(7): 1410-1419. DOI: https://doi.org/10.14505//jemt.v8.7(23).10
[23] World Bank. 1992. World Development Report 1992: Development and the Environment. Oxford University Press, New York.
[24] World Bank. 2016. The Little Green Data Book 2016. Washington, DC: World Bank. DOI: http://dx.doi.org/10.1596/978-1-4648-0928-6
[25] World Bank. 2018. Ukraine. Available at: https://data.worldbank.org/country/Ukraine
[26] Zoundi, Z. 2017. CO2 Emissions, Renewable Energy and the Environmental Kuznets Curve, a Panel Cointegration Approach. Renewable and Sustainable Energy Reviews, 72: 1067-1075. DOI: https://doi.org/10.1016/j.rser.2016.10.018
Published
2019-01-01
How to Cite
HOROBCHENKO, Denys; VORONENKO, Viacheslav. Approaches to the Formation of a Theoretical Model for the Analysis of Environmental and Economic Development. Journal of Environmental Management and Tourism, [S.l.], v. 9, n. 5, p. 1108-1119, jan. 2019. ISSN 2068-7729. Available at: <https://journals.aserspublishing.eu/jemt/article/view/2603>. Date accessed: 30 oct. 2024. doi: https://doi.org/10.14505//jemt.v9.5(29).24.