Measuring the Relationship between the Green Economy and Economic Growth in Egypt | ||
| Alexandria Science Exchange Journal | ||
| Article 8, Volume 46, Issue 2, June 2025, Pages 249-262 PDF (497.19 K) | ||
| Document Type: Original Article | ||
| DOI: 10.21608/asejaiqjsae.2025.423554 | ||
| Authors | ||
| Amira Mahmoud Zohry* 1; Aon Khairallah* 1; Sameh Mohamed Shehab* 1; Reham Galal Ahmed* 2 | ||
| 1Economics and Agribusiness Faculty of Agriculture Alexandria university | ||
| 2Economics and agribuisness, Faculty of agriculture, Alexandria university | ||
| Abstract | ||
| It contributed to the interest in the environment and the gradual change of the climate issue, considering the small and increasing challenges facing the world today, so the concept of the green economy has become urgently necessary because of the innovative solutions it provides that contribute to protecting the environment due to the necessity of economic development. The green economy focuses on the efficient use of resources and reducing pollution, which contributes to improving the quality of life for current and future generations. In this regard, the green economy is consistent with the sustainable development goals as it seeks to achieve a balance between economic growth and environmental preservation, thus ensuring the sustainability of natural resources by investing in renewable energy, clean technology, and promoting sustainable agriculture, thus tangible progress can be achieved towards a better and more sustainable life. The research paper aimed to identify trends and determinants of the transition to a green economy on economic growth and sustainable development in Egypt during the period 2010-2022. To achieve the research objectives, reliance was placed on the use of descriptive statistical methods, which were the arithmetic mean, percentage (%), and graphical analysis. Analysis was also used. Hierarchical multiple regression, using the ordinary least squares method and the bootstrap method. The results of statistical analysis using the hierarchical multiple regression method showed the formation of regression models or combinations to identify the impact of the determinants of the transition to the green economy on economic growth in Egypt during the period 2010-2022, where the gross domestic product was used as the dependent variable expressing the economic dimension. The results of the first model showed a positive impact of the cultivated area and green trade by about 14.15% and 22.53%, respectively. The results of the second model also showed the positive impact of the area of organic agriculture, the area benefiting from groundwater irrigation, and the effective and sustainable use of resources by about 3.12%. 0.48% and 4.57%, respectively. The results obtained from estimating hierarchical multiple regression using the bootstrap method also showed a small Bias value, which gives an indication of the accuracy of the results obtained from the OLS Model. According to the results obtained to analyze the impact of the transition to a green economy on economic growth in Egypt, the research recommends conducting more scientific research and reducing the gap between theory and practice in the field of agriculture and the environment because of its strategic importance and sustainable added value. | ||
| Keywords | ||
| Green Economy; Global Green Growth Index; Economic Growth; Hierarchical Regression; Bootstrap Method | ||
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