Economic Growth and Sustainable Development: Evidence from Central and Eastern Europe
Attila Jambor () and
Nuno Leitão ()
International Journal of Energy Economics and Policy, 2017, vol. 7, issue 5, 171-177
There has been a large amount of literature dedicated to the determinants of economic growth recently. However, the majority of the literature so far has been concentrating on single factors and countries as examples. This research considers the effects of carbon dioxide emissions, tourism arrivals, foreign direct investments (FDIs), trade and domestic support on economic growth in Central and Eastern Europe. The paper uses panel data econometrics between 1995 and 2014 to perform its calculations. Results suggest a positive relationship between tourism arrivals, FDI, trade, domestic support and economic growth, while CO2 emissions were found to be negatively related to economic growth in the region. Policy and decision makers in the region might find our results useful when thinking about drivers of economic growth.
Keywords: Tourism demand; foreign direct investment; carbon dioxide emissions; economic growth; panel data. (search for similar items in EconPapers)
JEL-codes: O13 F64 Z32 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2017-05-19
Access Statistics for this article
International Journal of Energy Economics and Policy is currently edited by Ilhan Ozturk
More articles in International Journal of Energy Economics and Policy from Econjournals
Bibliographic data for series maintained by Ilhan Ozturk ().