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Introduction of EEPSE green economy index for the analysis of regional trends

Author

Listed:
  • Oleg Rybalkin

    (Daugavpils University, Latvia)

  • Olga Lavrinenko

    (Daugavpils University, Latvia)

  • Svetlana Ignatjeva

    (Daugavpils University, Latvia)

  • Alina Danileviča

    (Daugavpils University, Latvia)

Abstract

The importance of analysing green economy has long been acknowledged by the international scientific community. Still there is strong demand for a comprehensive model which would serve as a scoreboard to assess a country’s progress on green track and identify regional developments. Having dwelled upon this task, this article suggests using an original method – so called EEPSE Green Economy Index (which combines educational, economic, political, societal and environmental indicators), based on the Quintuple Helix Model, to analyse green economy trends in the EU countries. The results of the present study advocate the efficiency of such a tool and show its potential in performing current analysis, as well as predicting future tendencies related to sustainable development.

Suggested Citation

  • Oleg Rybalkin & Olga Lavrinenko & Svetlana Ignatjeva & Alina Danileviča, 2021. "Introduction of EEPSE green economy index for the analysis of regional trends," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 9(1), pages 415-435, September.
    • Handle: RePEc:ssi:jouesi:v:9:y:2021:i:1:p:415-435
    DOI: 10.9770/jesi.2021.9.1(26)
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    References listed on IDEAS

    as
    1. Armand Kasztelan, 2017. "Green Growth, Green Economy and Sustainable Development: Terminological and Relational Discourse," Prague Economic Papers, Prague University of Economics and Business, vol. 2017(4), pages 487-499.
    2. repec:prg:jnlpep:v:preprint:id:626:p:1-14 is not listed on IDEAS
    3. Unknown, 2016. "Energy for Sustainable Development," Conference Proceedings 253270, Guru Arjan Dev Institute of Development Studies (IDSAsr).
    4. Oumhani Eddelani & Najiba El Amrani El Idrissi & Salvatore Monni, 2019. "Territorialized forms of production in Morocco: provisional assessment for an own model in gestation," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 1(1), pages 6-18, March.
    5. repec:ssi:jouesi:v:1:y:2019:i:1:p:6-18 is not listed on IDEAS
    6. Thorsten D. Barth, 2011. "The Idea of a Green New Deal in a Quintuple Helix Model of Knowledge, Know-How and Innovation," International Journal of Social Ecology and Sustainable Development (IJSESD), IGI Global, vol. 2(1), pages 1-14, January.
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    Citations

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    Cited by:

    1. Oleg RYBALKIN, 2022. "Sustainable development goals progress in the European Union: correlation with EEPSE green economy index," Access Journal, Access Press Publishing House, vol. 3(2), pages 121-135, April.
    2. Aleksy Kwilinski & Oleksii Lyulyov & Tetyana Pimonenko, 2023. "The Effects of Urbanisation on Green Growth within Sustainable Development Goals," Land, MDPI, vol. 12(2), pages 1-16, February.
    3. Aleksy Kwilinski & Oleksii Lyulyov & Tetyana Pimonenko, 2023. "Greenfield Investment as a Catalyst of Green Economic Growth," Energies, MDPI, vol. 16(5), pages 1-16, March.

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    More about this item

    Keywords

    green economy; Quintuple Helix model; sustainable development; EEPSE; Green Economy Index;
    All these keywords.

    JEL classification:

    • C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q30 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - General

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