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Sustainability Cycles in China, India, and the World?

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  • Jarmo Vehmas

    (University of Turku)

  • Jari Kaivo-oja

    (University of Turku)

  • Jarmo Vehmas

    (University of Turku)

Abstract

This paper studies the key variables of the so-called ImPACT identity, which includes four drivers of environmental impact (Im): population (P), affluence (A), intensity of consumption (C), and technology (T). In the empirical analysis, carbon dioxide emissions from fuel combustion (CO2) represents the environmental impact, and the influencing factors are represented by the amount of population (POP), gross domestic product per capita (GDP/POP), energy intensity of the national economy (TPES/GDP), and carbon intensity of energy supply (CO2/TPES), respectively. The authors present annual changes in the ImPACT variables and their comparative analysis in the World, China, and India during the time period 1971-2009. They also identify the cyclical nature of annual changes in the ImPACT variables, similar to the Goodwin growth cycle model. In the formation of green growth strategies this kind of empirical finding must be taken seriously into consideration

Suggested Citation

  • Jarmo Vehmas & Jari Kaivo-oja & Jarmo Vehmas, 2016. "Sustainability Cycles in China, India, and the World?," Eastern European Business and Economics Journal, Eastern European Business and Economics Studies Centre, vol. 2(2), pages 139-164.
    • Handle: RePEc:eeb:articl:v:2:y:2016:n:2:p:139-164
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    File URL: http://eebej.eu/Vehmas-J-Kaivo-oja-J-Luukkanen-J-2016-Sustainability-Cycles-in-China-India-and-the-World-Eastern-European-Business-and-Economics-Journal-22-139-164/
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    References listed on IDEAS

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    1. Kenneth J. Arrow & Anthony C. Fisher, 1974. "Environmental Preservation, Uncertainty, and Irreversibility," Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 4, pages 76-84, Palgrave Macmillan.
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    4. Dinda, Soumyananda, 2004. "Environmental Kuznets Curve Hypothesis: A Survey," Ecological Economics, Elsevier, vol. 49(4), pages 431-455, August.
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    Cited by:

    1. Panula-Ontto, Juha & Luukkanen, Jyrki & Kaivo-oja, Jari & O'Mahony, Tadhg & Vehmas, Jarmo & Valkealahti, Seppo & Björkqvist, Tomas & Korpela, Timo & Järventausta, Pertti & Majanne, Yrjö & Kojo, Matti , 2018. "Cross-impact analysis of Finnish electricity system with increased renewables: Long-run energy policy challenges in balancing supply and consumption," Energy Policy, Elsevier, vol. 118(C), pages 504-513.
    2. Jari Kaivo-oja, 2019. "A Long-Run Reflections on Sustainable Development Policies and Solutions," International Journal of Environmental Sciences & Natural Resources, Juniper Publishers Inc., vol. 18(3), pages 84-87, April.

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