Abstract
In this study we aim to study the relationship between economic growth and environmental sustainability in Thailand with observations of variables extending a decade between 2000-2010 in this study we’ll look into the long run relationship between economic growth and environment. In the literature the question of how economic activities effect environment have been studied from many angles, but the results are different simply due to scholar’s diverse measures of impact on nature.The main contribution of this study adding to the comparison between pollution measures and eco-efficiency measures, The study has revealed that while GDP per capita have positive relationship with improving water quality availability and biodiversity in terms of national reserved areas, it also has positive relationship with forest depilation which stands for Product of net resource rents, and excess of round wood harvest over natural growth Keywords: Economic growth, Environmental sustainability, EKC curve in Thailand DOI : 10.7176/JESD/10-16-05 Publication date : August 31 st 2019
Highlights
Thailand became an upper-middle income economy in 2011
In this study we aim to study the relationship between economic growth and environmental sustainability in Thailand with observations of variables extending a decade between 2000-2010 in this study we’ll look into the long run relationship between economic growth and environment, using theoretical and empirical literature that are related to the topic on hand, we’ll test our own data and from there conclusions will be drawn
Environmental issues are very complicated because it has trade off between economic growth and environment, higher economic growth means higher results in higher resources exploitation regardless of the everlasting impacts of future generations, the difficulty of maintaining balance between economic growth and environmental degradation is difficult task for developing countries which have been striving for economic growth for so long
Summary
Thailand became an upper-middle income economy in 2011. Over the last four decades, Thailand has made remarkable progress in social and economic development, moving from a low-income country to an upper-income country in less than a generation. Thailand has been one of the widely cited development success stories, with sustained strong growth and impressive poverty reduction. In this study we aim to study the relationship between economic growth and environmental sustainability in Thailand with observations of variables extending a decade between 2000-2010 in this study we’ll look into the long run relationship between economic growth and environment, using theoretical and empirical literature that are related to the topic on hand, we’ll test our own data and from there conclusions will be drawn.
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