IDEAS home Printed from https://ideas.repec.org/a/ssi/jouesi/v9y2021i1p415-435.html
   My bibliography  Save this article

Introduction of EEPSE green economy index for the analysis of regional trends

Author

Listed:
  • Oleg Rybalkin

    (Daugavpils University, Latvia)

  • Olga Lavrinenko

    (Daugavpils University, Latvia)

  • Svetlana Ignatjeva

    (Daugavpils University, Latvia)

  • Alina Danileviča

    (Daugavpils University, Latvia)

Abstract

The importance of analysing green economy has long been acknowledged by the international scientific community. Still there is strong demand for a comprehensive model which would serve as a scoreboard to assess a country’s progress on green track and identify regional developments. Having dwelled upon this task, this article suggests using an original method – so called EEPSE Green Economy Index (which combines educational, economic, political, societal and environmental indicators), based on the Quintuple Helix Model, to analyse green economy trends in the EU countries. The results of the present study advocate the efficiency of such a tool and show its potential in performing current analysis, as well as predicting future tendencies related to sustainable development.

Suggested Citation

  • 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.
    • Handle: RePEc:ssi:jouesi:v:9:y:2021:i:1:p:415-435
    DOI: 10.9770/jesi.2021.9.1(26)
    as

    Download full text from publisher

    File URL: https://jssidoi.org/jesi/uploads/articles/33/Rybalkin_Introduction_of_EEPSE_green_economy_index_for_the_analysis_of_regional_trends.pdf
    Download Restriction: no
    File URL: https://jssidoi.org/jesi/article/879
    Download Restriction: no
    File URL: https://libkey.io/10.9770/jesi.2021.9.1(26)?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. repec:prg:jnlpep:v:preprint:id:626:p:1-14 is not listed on IDEAS
    2. Oumhani Eddelani & Najiba El Amrani El Idrissi & Salvatore Monni, 2019. "Territorialized forms of production in Morocco: provisional assessment for an own model in gestation," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 1(1), pages 6-18, March.
    3. repec:ssi:jouesi:v:1:y:2019:i:1:p:6-18 is not listed on IDEAS
    4. 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.
    5. Unknown, 2016. "Energy for Sustainable Development," Conference Proceedings 253270, Guru Arjan Dev Institute of Development Studies (IDSAsr).
    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.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Aleksy Kwilinski & Oleksii Lyulyov & Tetyana Pimonenko, 2023. "Greenfield Investment as a Catalyst of Green Economic Growth," Energies, MDPI, vol. 16(5), pages 1-16, March.
    2. 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.
    3. Aleksy Kwilinski & Oleksii Lyulyov & Tetyana Pimonenko, 2023. "The Effects of Urbanisation on Green Growth within Sustainable Development Goals," Land, MDPI, vol. 12(2), pages 1-16, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Seyed Meysam Khoshnava & Raheleh Rostami & Rosli Mohamad Zin & Dalia Štreimikienė & Alireza Yousefpour & Wadim Strielkowski & Abbas Mardani, 2019. "Aligning the Criteria of Green Economy (GE) and Sustainable Development Goals (SDGs) to Implement Sustainable Development," Sustainability, MDPI, vol. 11(17), pages 1-23, August.
    2. 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.
    3. Serhiy Lyeonov & Tetyana Pimonenko & Yuriy Bilan & Dalia Štreimikienė & Grzegorz Mentel, 2019. "Assessment of Green Investments’ Impact on Sustainable Development: Linking Gross Domestic Product Per Capita, Greenhouse Gas Emissions and Renewable Energy," Energies, MDPI, vol. 12(20), pages 1-12, October.
    4. Seyithan Ahmet Ates & Kursad Derinkuyu, 2021. "Green growth and OECD countries: measurement of country performances through distance-based analysis (DBA)," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(10), pages 15062-15073, October.
    5. Villanthenkodath, Muhammed Ashiq & Mahalik, Mantu Kumar, 2021. "Does economic growth respond to electricity consumption asymmetrically in Bangladesh? The implication for environmental sustainability," Energy, Elsevier, vol. 233(C).
    6. Shahbaz, Muhammad & Hoang, Thi Hong Van & Mahalik, Mantu Kumar & Roubaud, David, 2017. "Energy consumption, financial development and economic growth in India: New evidence from a nonlinear and asymmetric analysis," Energy Economics, Elsevier, vol. 63(C), pages 199-212.
    7. Mollik, Sazib & Rashid, M.M. & Hasanuzzaman, M. & Karim, M.E. & Hosenuzzaman, M., 2016. "Prospects, progress, policies, and effects of rural electrification in Bangladesh," Renewable and Sustainable Energy Reviews, Elsevier, vol. 65(C), pages 553-567.
    8. Obsatar Sinaga & Mohd Haizam Mohd Saudi & Djoko Roespinoedji & Mohd Shahril Ahmad Razimi, 2019. "The Dynamic Relationship between Natural Gas and Economic Growth: Evidence from Indonesia," International Journal of Energy Economics and Policy, Econjournals, vol. 9(3), pages 388-394.
    9. Teng, Meixuan & Burke, Paul J. & Liao, Hua, 2019. "The demand for coal among China's rural households: Estimates of price and income elasticities," Energy Economics, Elsevier, vol. 80(C), pages 928-936.
    10. Ruqayya Ibraheem & Ismat Nasim, 2021. "Globalization, Energy Use and Environmental Degradation in Thailand," iRASD Journal of Energy and Environment, International Research Association for Sustainable Development (iRASD), vol. 2(1), pages 01-11, June.
    11. Ouyang, Yaofu & Li, Peng, 2018. "On the nexus of financial development, economic growth, and energy consumption in China: New perspective from a GMM panel VAR approach," Energy Economics, Elsevier, vol. 71(C), pages 238-252.
    12. Muhammad Shahbaz & Syed Jawad Hussain Shahzad & Mantu Kumar Mahalik & Perry Sadorsky, 2018. "How strong is the causal relationship between globalization and energy consumption in developed economies? A country-specific time-series and panel analysis," Applied Economics, Taylor & Francis Journals, vol. 50(13), pages 1479-1494, March.
    13. Sinha, Avik & Shahbaz, Muhammad, 2018. "Estimation of Environmental Kuznets Curve for CO2 emission: Role of renewable energy generation in India," Renewable Energy, Elsevier, vol. 119(C), pages 703-711.
    14. Miriam Müller & Oscar Reutter, 2017. "Vision Development towards a Sustainable North Rhine-Westphalia 2030 in a Science-Practice-Dialogue," Sustainability, MDPI, vol. 9(7), pages 1-27, June.
    15. Simshauser, P., 2019. "On the impact of government-initiated CfD’s in Australia’s National Electricity Market," Cambridge Working Papers in Economics 1901, Faculty of Economics, University of Cambridge.
    16. Nallapaneni Manoj Kumar & Aneesh A. Chand & Maria Malvoni & Kushal A. Prasad & Kabir A. Mamun & F.R. Islam & Shauhrat S. Chopra, 2020. "Distributed Energy Resources and the Application of AI, IoT, and Blockchain in Smart Grids," Energies, MDPI, vol. 13(21), pages 1-42, November.
    17. Mardones, Cristian, 2021. "Ex-post evaluation and cost-benefit analysis of a heater replacement program implemented in southern Chile," Energy, Elsevier, vol. 227(C).
    18. Pourshab, Nasrin & Tehrani, Mehdi Dadkhah & Toghraie, Davood & Rostami, Sara, 2020. "Application of double glazed façades with horizontal and vertical louvers to increase natural air flow in office buildings," Energy, Elsevier, vol. 200(C).
    19. Abre-Rehmat Qurat-ul-Ann & Faisal Mehmood Mirza, 2021. "Multidimensional Energy Poverty in Pakistan: Empirical Evidence from Household Level Micro Data," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 155(1), pages 211-258, May.
    20. GUPTA Monika, 2019. "Decomposing The Role Of Different Factors In Co2 Emissions Increase In South Asia," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 14(1), pages 72-86, April.

    More about this item

    Keywords

    green economy; Quintuple Helix model; sustainable development; EEPSE; Green Economy Index;
    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

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ssi:jouesi:v:9:y:2021:i:1:p:415-435. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Manuela Tvaronaviciene (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.