Droughts can significantly impact the water, energy, and agriculture sectors, leading to substantial effects on the national economy. This study examines the potential influence of drought on the national economy, using Gross Domestic Product (GDP) as a measure of economic performance. It explores ...
Specifically, when carbon revenues are returned to the production sector of high-carbon industries, the GDP loss in scenario SUB-ETS is lower than that in the VAT-ETS scenario, indicating that subsidies are more conducive to GDP growth than VAT reduction. When the carbon revenue is returned to...
government intervention (\({gov}\)), evaluated by the amount of general budget expenditure of local finance; openness to the outside world (\({open}\)), calculated by the proportion of total imports and exports to GDP; population density (\({pop}\)), estimated by urban population density...
The topic of whether economic complexity or close proximity to a product produces favorable conditions to aid nations in transitioning to the circular economy is addressed in this article. Six distinct indicators are used to assess the performance of circularity. The amount of municipal garbage, the ...
In the context of calls for 'de-growth' (reduction in GDP) in developed countries for them to be able to reduce emissions to 'net zero' in time for the temperature target in the Paris Agreement to be met, this article explores the various impacts on economic growth in the IPCC scenarios...
The total O3-related costs (769,21 billion US$) represent around 7% of the China Gross Domestic Product (GDP) in 2015. Our estimates are based on actual measurements of O3 and are thus expected to be more robust than estimates based on models. 5. Conclusion We found a significant overrun...
GDP per capita, tend to generate more agricultural emissions from natural gas, leading to a larger ecological footprint. This notion is grounded in the Environmental Kuznets Curve (EKC) theory, which postulates that environmental degradation increases with economic growth up to a certain point, ...
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Alternative Hypothesis (Ha): Higher GDP per capita correlates with increased agricultural emissions from natural gas and subsequently leads to a larger ecological footprint. This hypothesis suggests that wealthier nations, characterized by higher GDP per capita, tend to produce more agricultural emissions...
the values of LCO2, LGDP, LFFE, LURB, LTR, and LAVA tend to drop and vice versa. Furthermore, LRNE and LFA show a positive correlation with each other which indicates that when the value of renewable energy use rises, the value of the forested area tends to rise as well and vice...