| dc.description.abstract |
The assessment of humanity’s ecological footprint has become increasingly critical in contemporary discourse due to growing environmental challenges. This study examines the economic evaluation of the ecological footprint with a particular focus on forest ecosystem services and food productivity. Using harmonized secondary data from FAOSTAT, EUROSTAT, the World Bank, and IPBES, the analysis covers selected developed and emerging economies, including the European Union, the United States, China, Brazil, and other representative countries. This study investigates the macroeconomic implications of natural capital degradation by applying a panel data econometric model to European Union countries over the period 2010–2023. Moving beyond descriptive approaches, the research formulates and tests three hypotheses linking biodiversity, environmental pressure, and green transition variables to economic performance. Using harmonized data from Eurostat and Statista, the study employs a fixed-effects regression framework to estimate the impact of biodiversity indicators, greenhouse gas emissions, renewable energy share, and environmental protection expenditures on GDP per capita. The results demonstrate that biodiversity preservation and resource efficiency are positively associated with economic performance, while environmental degradation—proxied by greenhouse gas emissions—exerts a statistically significant negative effect. Additionally, the findings confirm that investments in renewable energy and environmental protection contribute to long-term economic stability. By providing a transparent data structure, explicit variable operationalization, and reproducible econometric specification, the study offers an original empirical contribution to ecological economics and addresses the limitations of prior literature that relied primarily on descriptive synthesis. |
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