Work

Balancing Economic Growth and Environmental Harm: finding the Best mix

Year: 2026
Type: article
Abstract: The significance of this research lies in balancing economic expansion with environmental protection. The subject concerns the relationship between GDP growth from manufacturing investment and environmental harm. The research aims to establish a framework for selecting the preferred investment option among manufacturing industry choices, based on the “increase in environmental damage / increase in GDP” ratio. The authors implemented a method that completely considers the effect of investments on economic dynamics and the resulting environmental harm, including both direct and indirect effects of investments. Consequently , mathematical models were created to facilitate this goal. The authors concluded that when the optimal investment allocation model in terms of the “increase in environmental damage / increase in GDP” ratio cannot be achieved because of resource limitations and all other feasible options must be employed.
Language: English
Open Access status: diamond
OpenAlex ID: W7204254803
FWCI:
Cites: 11
Cited by:
Related to: 10