New Insights into Development of an Environmental –,Economic Model Based on a Composite Environmental Quality Index: A Comparative Analysis of Economic Growth and Environmental Quality Trend

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FAKHER HOSSEIN ALI; PANAHI MOSTAFA; EMAMI KARIM; PEYKARJOU KAMBIZ; Zeraatkish Seyed Yaghoub

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Journal Paper

Paper Information

Journal: ENVIRONMENTAL ENERGY AND ECONOMIC RESEARCH Year:2021 | Volume:5 | Issue:3 Page(s): 00-00

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Title

New Insights into Development of an Environmental –,Economic Model Based on a Composite Environmental Quality Index: A Comparative Analysis of Economic Growth and Environmental Quality Trend

Author(s)

FAKHER HOSSEIN ALI | PANAHI MOSTAFA | EMAMI KARIM | PEYKARJOU KAMBIZ | Zeraatkish Seyed Yaghoub

Keywords

Composite environmental quality index

Environmental indicators

Economic growth

Abstract

In order to fill the research gap regarding the use of a comprehensive index that includes all dimensions of environmental pollution, this study sought to develop a composite environmental quality index to tackle with the possible bias and remove the possible linearity in the experimental research model. Principal Component Analysis (PCA) and Artificial Neural Network (ANN) methods were used to obtain this composite index. This study used six environmental indicators from two groups of Organization of Petroleum Exporting Countries (OPEC) and Organization for Economic Co-operation and Development (OECD) during 2008-2019. According to the obtained error criteria related to the two methods, ANN method was used to calculate the weight of environmental indicators due to having the lowest error criteria and therefore reliable results. Finally, using this composite index, the trend of economic growth and environmental quality were analyzed graphically. The results showed that along with the upward trend of economic growth, the quality of environment follows a downward trend in OPEC countries and an upward trend in OECD countries. At the end of this paper, some limitations of study are presented, and some suggestions for future studies are provided as well.

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APA: Copy

FAKHER, HOSSEIN ALI, PANAHI, MOSTAFA, EMAMI, KARIM, PEYKARJOU, KAMBIZ, & Zeraatkish, Seyed Yaghoub. (2021). New Insights into Development of an Environmental –,Economic Model Based on a Composite Environmental Quality Index: A Comparative Analysis of Economic Growth and Environmental Quality Trend. ENVIRONMENTAL ENERGY AND ECONOMIC RESEARCH, 5(3), 00-00. SID. https://sid.ir/paper/1055154/en

Vancouver: Copy

FAKHER HOSSEIN ALI, PANAHI MOSTAFA, EMAMI KARIM, PEYKARJOU KAMBIZ, Zeraatkish Seyed Yaghoub. New Insights into Development of an Environmental –,Economic Model Based on a Composite Environmental Quality Index: A Comparative Analysis of Economic Growth and Environmental Quality Trend. ENVIRONMENTAL ENERGY AND ECONOMIC RESEARCH[Internet]. 2021;5(3):00-00. Available from: https://sid.ir/paper/1055154/en

IEEE: Copy

HOSSEIN ALI FAKHER, MOSTAFA PANAHI, KARIM EMAMI, KAMBIZ PEYKARJOU, and Seyed Yaghoub Zeraatkish, “New Insights into Development of an Environmental –,Economic Model Based on a Composite Environmental Quality Index: A Comparative Analysis of Economic Growth and Environmental Quality Trend,” ENVIRONMENTAL ENERGY AND ECONOMIC RESEARCH, vol. 5, no. 3, pp. 00–00, 2021, [Online]. Available: https://sid.ir/paper/1055154/en

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