Do Stringent Environmental Policies and Business Regulations Matter for Economic Growth? Evidence from G7 and BRICS Economies

The environment has received particular concern since the 1950s when countries began to experience the negative impacts of environmental degradation. This study employs cointegration and causality analyses to explore the influence of stringent environmental policies and business regulations on econo...

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Bibliographic Details
Main Authors: Bayar, Y. (Author), Danilina, M. (Author), Güneş, N. (Author), Öztürk, O.F (Author)
Format: Article
Language:English
Published: HARD Publishing Company 2022
Subjects:
Online Access:View Fulltext in Publisher
LEADER 01666nam a2200229Ia 4500
001 10.15244-pjoes-146464
008 220630s2022 CNT 000 0 und d
020 |a 12301485 (ISSN) 
245 1 0 |a Do Stringent Environmental Policies and Business Regulations Matter for Economic Growth? Evidence from G7 and BRICS Economies 
260 0 |b HARD Publishing Company  |c 2022 
520 3 |a The environment has received particular concern since the 1950s when countries began to experience the negative impacts of environmental degradation. This study employs cointegration and causality analyses to explore the influence of stringent environmental policies and business regulations on economic growth between 2000 and 2015 in the Group of Seven and BRICS economies. The causality analysis shows that business regulations have a significant effect on economic growth in the short run, while stringent environmental policies have no significant effects during that time. The cointegration analysis, however, reveals a mixed interaction among stringent environmental policies, business regulations, and economic growth depending country specific characteristics. © 2022, HARD Publishing Company. All rights reserved. 
650 0 4 |a business regulations 
650 0 4 |a economic growth 
650 0 4 |a panel causality analysis 
650 0 4 |a panel cointegration analysis 
650 0 4 |a stringent environmental policies 
700 1 0 |a Bayar, Y.  |e author 
700 1 0 |a Danilina, M.  |e author 
700 1 0 |a Güneş, N.  |e author 
700 1 0 |a Öztürk, O.F.  |e author 
773 |t Polish Journal of Environmental Studies 
856 |z View Fulltext in Publisher  |u https://doi.org/10.15244/pjoes/146464