Open AccessREGRESSION ANALYSIS OF THE RELATIONSHIP BETWEEN SELECTED VARIABLES OF ECONOMIC GROWTH AND SUSTAINABLE DEVELOPMENT
Author(s) -
Otília Zorkóciová,
HANA PALUŠKOVÁ,
SONIA KRAJČÍK DANIŠOVÁ
Publication year - 2021
Publication title -
ad alta
Language(s) - English
Resource type - Journals
eISSN - 2464-6733
pISSN - 1804-7890
DOI - 10.33543/1102228233
Subject(s) - ecological footprint , sustainable development , gross domestic product , regression analysis , panel data , index (typography) , natural resource economics , quality (philosophy) , economics , economic growth , ecology , econometrics , philosophy , epistemology , machine learning , world wide web , computer science , biology
Environmental threats of anthropological origin, such as global warming, rising water levels, air pollution, excessive waste generation, or the seas and oceans quality decline, are threats that directly affect us. Thus, the main goal of this paper is to evaluate the impact of current economic development in the intentions of planetary limits through regression analysis using cross-sectional and panel data evaluating the dependence of ecological footprint per person, gross domestic product per person and Sustainable Development Index. The analysis shows that economic development in line with the current market rules contributes to expand the ecological footprint. We argue that both green measures into international and national policies as an effective monitoring of the achievement of sustainable goals of all market actors are necessary.