The Relationship Between Environmental Regulations and Economic Performance
Keywords:
Environmental Regulations, Economic Performance, Sustainable Development, Innovation, EfficiencyAbstract
This study examines how environmental regulations affect economic performance. Focusing on data from 1990 to 2020, the research analyzes the balance between regulatory measures and economic growth. Our findings suggest that while stringent regulations can initially hinder growth, they ultimately lead to sustainable development by encouraging innovation and efficiency. These insights are crucial for policymakers aiming to design effective environmental policies.
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