Environmental and economic disparity and the porter hypothesis in the subjects of the Russian Federation
Year: 2024
Type: article
Abstract: The article investigates the presence of ecological and economic disparity from the point of view of the Porter M. hypothesis. It complements the research that the costs of complying with environmental standards lead to an increase in economic efficiency, based on data from Russian regions. The methodology is based on a model for assessing the impact of environmental regulation on the productivity index. Environmental regulation refers to the cost of pollution control PACE, adjusted according to statistical data. The productivity index includes the dynamics of GDP, carbon dioxide emissions, labor force, capital investment and energy consumption. As a result, a direct relationship was found between the environmental regulation index and the productivity index. This proves the absence of ecological and economic disparity, that is, the costs of environmental protection do not reduce economic efficiency. The presented analysis methodology can be applied both at the macro level (of the region) and at the micro level of companies (including when evaluating the ESG strategy and environmental innovations)
Authors: Romanova, Luydmila A., Karlovskaya, Evgenia A., Lysov, Petr G., Романова, Л.А., Карловская, Е.А., Лысов, П. Г.
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
SDG: Reduced inequalities
Open Access status: green
OpenAlex ID: W7093956474
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