International Journal of Managment, IT and Engineering
  • Year: 2013
  • Volume: 3
  • Issue: 3

“Relationship of economic growth and environmental performance index: A study of select developing countries”

  • Author:
  • Namita Rajput, Parminder Kaur, Akanksha Khanna
  • Total Page Count: 13
  • Page Number: 441 to 453

*Associate Prof, Commerce, Sri Aurobindo College(M), University of Delhi

**Assistant Prof, Commerce, ARSD College, University of Delhi

***Research Scholar, IGNOU

Online published on 24 October, 2013.

Abstract

Sustainable development refers to a form of development in which the use of resources meets human needs while preserving the environment so that these needs can be met not only in the present, but also for generations to come. It is beholden to apt use of water, soil, natural resources and the accessible competence of human force. The purpose of present paper is to assess and evaluate the association between Environmental Performance Index (EPI) and economic growth in selected developing countries. The other studies on this issue have emphasized on economic growth in environment's devastation. But the impact of enhancements in surroundings excellence is pointed in our study, which is the main peculiarity of this paper in comparison with other studies. To achieve the objective do so we have used a sample of 20 developing countries for which the necessary data were available in 2012. Our findings based on cross-section Weighted Least Squares (WLS) econometrics method designate that the impact of Environmental Performance Index on economic growth in the countries under consideration is positive and is found to be significant.

Keywords

Environmental Performance Index (EPI), Economic Growth, Developing countries, Weighted Least Squares (WLS)