ECONOMIC ACTIVITY AND THE ENVIRONMENTAL DEGRADATION: AN INCONGRUOUS DISSONANCE

Christopher Warburton

Journal of Smart Economic Growth, 2021, vol. 6, issue 2, 121-140

Abstract: This paper argues that the speed of economic growth or intensity of human economic activity is not merely dependent on the intensity of pollution or environmental degradation. Rather, smart choices and technological advancements have the capacity to decrease environmental degradation while also increasing economic growth concomitantly. In the arbitration of costs and benefits, this US-oriented study finds that corporate profits of the industries that are most responsible for environmental degradation pale in comparison to the cost of environmental disasters and the accompanying effects of unbalanced income distribution. The results suggest that further investments in smart technology are capable of fostering economic growth and reducing costly environmental disasters. Yet, equity within generations remains elusive and contingent on deliberate policy choices.

Keywords: Digital Marketing; Online channels; Customer Data; Data Analysis (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
https://jseg.ro/index.php/jseg/article/view/142/107 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:seg:012016:v:6:y:2021:i:2:p:121-140

Access Statistics for this article

More articles in Journal of Smart Economic Growth
Bibliographic data for series maintained by Radu Lixandroiu ().