Eco-efficiency and Sustainability: An Analysis for the Philippines

نویسندگان

چکیده

The aim of this paper was to explore the effect energy consumption, CO2 emissions, and population growth on Gross Domestic Product (GDP) in Philippines. Economic reflects increase production, use resources which are often associated with poor environmental quality. Many studies show that consumption used production drives GDP, however, leads degradation many have concluded economic is unsustainable. It has been perceived goals conflict each other. Population also affects environment Philippines one fastest urbanizing countries overcrowded cities. Therefore, there an urgent need for models be sustainable. relationship between growth, GDP assessed using regression analysis (the OLS CLRM assumptions). Data from 1980–2019 were analyzed. showed both statistically significant; emissions insignificant. Moreover, most assumptions met except autocorrelation. Based results it recommended should adopt promote renewable sources reusable can reduce ensure sustainable development Hence, study supports a global transition green economy

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ژورنال

عنوان ژورنال: Journal of economics, finance and accounting studies

سال: 2023

ISSN: ['2709-0809']

DOI: https://doi.org/10.32996/jefas.2023.5.1.4