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3/2025 vol. 18
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ORIGINAL ARTICLE
Green Growth Nexus: Analyzing Environmental Performance and GDP Trends in OECD Economies
Keerthana K K 1
,
 
Sathish Pachiyappan 1
,
 
Augustine Joseph 2
,
 
Saravanan Vellaiyan 1
,
 
John Paul Raj V 1
 
 
 
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1
Christ University, School of Business and Management, India
 
2
Christ University, Department of Economics, India
 
 
Submission date: 2025-06-06
 
 
Final revision date: 2025-06-23
 
 
Acceptance date: 2025-06-26
 
 
Online publication date: 2025-11-26
 
 
Publication date: 2025-11-26
 
 
Corresponding author
Sathish Pachiyappan   

Christ University, School of Business and Management, India
 
 
Economic and Regional Studies 2025;18(3):256-269
DOI: https://doi.org/10.2478/ers-2025-0021
 
 
Article (PDF, 429.48 kB)
References (25)
 
KEYWORDS
Air quality
GDP Growth
Greenhouse gas emissions
Renewable energy production
Environmental tax revenues
Government expenditure on Environmental protection
 
JEL CLASSIFICATION CODES
O47
H23
Q54
Q53
H41
Q42
 
TOPICS
ABSTRACT
Subject and purpose of work: The study is seeking to find a relationship between various environmental performance factors on the development of GDP for a group of OECD countries such as the United Kingdom, France, Germany, and Italy. Materials and methods: The analysis uses panel data from the OECD and World Bank, spanning 25 years (2000–2024), for four OECD nations. The study employs a Panel Autoregressive Distributed Lag (ARDL) model, which allows for the estimation of both short-run and long-run dynamics. Results: Overall, the findings are significant regarding the linkage of environmental performance measures and GDP growth. Conclusions: This research offers valuable information on the connection between environmental performance indicators and GDP growth in the chosen OECD nations. In the research, it is argued that investment in renewable energy is not only lucrative in the short run but policymakers should never ever ignore the long-term considerations which may affect sustainability.
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