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

Oleg Rybalkin (), Olga Lavrinenko (), Svetlana Ignatjeva () and Alina Danileviča ()
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Oleg Rybalkin: Daugavpils University, Latvia
Olga Lavrinenko: Daugavpils University, Latvia
Svetlana Ignatjeva: Daugavpils University, Latvia
Alina Danileviča: Daugavpils University, Latvia

Entrepreneurship and Sustainability Issues, 2021, vol. 9, issue 1, 415-435

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.

Keywords: green economy; Quintuple Helix model; sustainable development; EEPSE; Green Economy Index (search for similar items in EconPapers)
JEL-codes: C43 O44 O52 O57 Q20 Q30 R11 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:9:y:2021:i:1:p:415-435

DOI: 10.9770/jesi.2021.9.1(26)

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