
FINANCING THE SUSTAINABLE DEVELOPMENT – A RELATIONSHIP BETWEEN GDP AND THE ENVIRONMENTAL BUDGETARY COMPONENTS
(SGEM Scientific GeoConference, 2009, D. Ariton, A. C. Nuta, C. G. Sirbu, F. M. Nuta)
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One of the main purposes of today public policy is to find a way of encourage the sustainable development. In our econometric approach we seek to find a possible connection between the environmental components of a nation’s budget and the GDP. The hypothesis is that if the GDP permits the public decision makers could ensure a high level of environmental public utilities. Trying to identify a bound between macroeconomic aggregates and the environment is not something new. The Chinese Green GDP is something simila...

