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Sustainable development goals progress in the European Union: correlation with EEPSE green economy index

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  • Oleg RYBALKIN

    (Daugavpils University, Daugavpils, Latvia)

Abstract

The international scientific community has long acknowledged the importance of analysing green economy. At the same time, there is a need for developing a comprehensive index, which would embrace all the aspects of green economy development. Objectives: To that end, a group of scholars of Daugavpils University proposes to use an EEPSE Green Economy Index (which combines educational, economic, political, societal, and environmental indicators). This study aims to present the results of their research Methods/Approach: The EEPSE Green Economy Index, presented within the present paper, is based on the Quintuple Helix Model. The use of the model is substantiated, inter alia by qualitative content analysis. Results: The results of the present study advocate the efficiency of the Index, showing its potential in performing current analysis and highlighting its correlation with sustainable development goals progress in the European Union countries. Conclusions: Thus, it can be concluded that the EEPSE Green Economy Index can be used as a tool for analysing the level of green economy development in a particular country, as well as its progress towards implementation of sustainable development goals (SDGs).

Suggested Citation

  • Oleg RYBALKIN, 2022. "Sustainable development goals progress in the European Union: correlation with EEPSE green economy index," Access Journal, Access Press Publishing House, vol. 3(2), pages 121-135, April.
    • Handle: RePEc:aip:access:v:3:y:2022:i:2:p:121-135
    DOI: 10.46656/access.2022.3.2(3)
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    References listed on IDEAS

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    1. Armand Kasztelan, 2017. "Green Growth, Green Economy and Sustainable Development: Terminological and Relational Discourse," Prague Economic Papers, Prague University of Economics and Business, vol. 2017(4), pages 487-499.
    2. Bryan Campbell, 2010. "Environment And Sustainable Development," CIRANO Papers 2010n-04speciala, CIRANO.
    3. repec:prg:jnlpep:v:preprint:id:626:p:1-14 is not listed on IDEAS
    4. Luciano Barcellos-Paula & Iván De la Vega & Anna María Gil-Lafuente, 2021. "The Quintuple Helix of Innovation Model and the SDGs: Latin-American Countries’ Case and Its Forgotten Effects," Mathematics, MDPI, vol. 9(4), pages 1-23, February.
    5. Olga Lavrinenko & Svetlana Ignatjeva & Alina Ohotina & Oleg Rybalkin & Dainis Lazdans, 2019. "The Role of Green Economy in Sustainable Development (Case Study: The EU States)," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 6(3), pages 1113-1126, March.
    6. Thorsten D. Barth, 2011. "The Idea of a Green New Deal in a Quintuple Helix Model of Knowledge, Know-How and Innovation," International Journal of Social Ecology and Sustainable Development (IJSESD), IGI Global, vol. 2(1), pages 1-14, January.
    7. Elias G. Carayannis & David F.J. Campbell, 2010. "Triple Helix, Quadruple Helix and Quintuple Helix and How Do Knowledge, Innovation and the Environment Relate To Each Other? : A Proposed Framework for a Trans-disciplinary Analysis of Sustainable Dev," International Journal of Social Ecology and Sustainable Development (IJSESD), IGI Global, vol. 1(1), pages 41-69, January.
    8. Oleg Rybalkin & Olga Lavrinenko & Svetlana Ignatjeva & Alina Danileviča, 2021. "Introduction of EEPSE green economy index for the analysis of regional trends," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 9(1), pages 415-435, September.
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    Cited by:

    1. Oleg Rybalkin & Olga Lavrinenko & Alina Danileviča & Wiesława Lizińska, 2023. "Sustainable Development Green Index: measuring progress towards sustainable development goals in the European Union," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 10(4), pages 279-292, June.

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    More about this item

    Keywords

    green economy; sustainable development; EEPSE Green Economy Index; Quintuple Helix;
    All these keywords.

    JEL classification:

    • C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q30 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - General

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