State environmentalism and economic growth in the United States based on the panel data

Abstract

This paper explored the findings that there is significant relationship between pollutant emissions and economic growth in 49 states of the United States, analyzing the panel data which are based on time series from 1990 to 2016. In order to elucidate the relation, we used the 17 variables which are composed of 3 dependent and 14 independent variables. The consequences are that emissions such as greenhouse gas, energy consumption and air pollutants have the significance with gross state product per capita, GINI index, personal income per capita, total employment, state revenue and debt. These implications impact on two parts. First one is that it demonstrates the cardinal relation between emissions and economic growth. Second one is that policy maker will know how emissions have to be under control and which factors should be the precedence considerations to contrive strategic plan for the future.