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Environmental intensity of economic growth in the Baltic Sea region
Экологическая интенсивность экономического развития регионов Северо-Запада
[journal article]
Abstract National economic development is subject to a number of restrictions. One of the main constraints is the threat of complete exhaustion of non-renewable resources and environmental pollution exceeding the capacity of the planet. However, the rapid spread of resource-saving technologies is reducing ... view more
National economic development is subject to a number of restrictions. One of the main constraints is the threat of complete exhaustion of non-renewable resources and environmental pollution exceeding the capacity of the planet. However, the rapid spread of resource-saving technologies is reducing the environmental intensity of economic activities. In this study, I aim to examine the ecological-economic dynamics of the environmental effects of economic development in the regions of Russia's North-Western Federal District (NWFD). I employ an extended version of Peter A. Victor's model to produce a comprehensive evaluation of changes in economic indicators and correlate them with the total and specific environmental impact. Iconduct a factor analysis to identify the main effects influencing theecologica-economic dynamics. The use of water resources in the NWFD demonstrates green growth, whereas electricity consumption and wastewater treatment fall into the brown zone and industrial and municipal waste treatment into the black one. The factor analysis has shown that population change has a very weak effect on the situation. Much more influential factors are the income effect (higher incomes translate into greater consumption and thus more significant pollution levels) and the technological effect produced by a decrease in the environmental intensity of production. To promote green development, it is advisable to increase the influence of the technological effect by stimulating resource efficiency and switching to the circular economy model.... view less
Keywords
economy; economic growth; ecology; sustainability; Russia; income; economic development (on national level); natural resources
Classification
National Economy
Ecology, Environment
Free Keywords
sustainable development; green economy; economic growth; environmental pressure; North-Western Federal District; Russia
Document language
English
Publication Year
2019
Page/Pages
p. 14-28
Journal
Baltic Region, 11 (2019) 1
DOI
https://doi.org/10.5922/2079-8555-2019-1-2
ISSN
2079-8555
Status
Published Version; peer reviewed