Evaluation models for the impact of pricing factor on environmental performance in different countries

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dc.contributor.authorApalkova, Viktoriia
dc.contributor.authorАпалькова, Вікторія Валеріївна
dc.contributor.authorАпалькова, Виктория Валерьевна
dc.contributor.authorTsyhanov, Serhii
dc.contributor.authorЦиганов, Сергій Андрійович
dc.contributor.authorЦыганов, Сергей Андреевич
dc.contributor.authorMeshko, Nataliia
dc.contributor.authorМешко, Наталія Петрівна
dc.contributor.authorTsyhanova, Nadiia
dc.contributor.authorЦиганова, Надія Вікторівна
dc.contributor.authorЦыганова, Надежда Викторовна
dc.contributor.authorApalkov, Serhii
dc.contributor.authorАпальков, Сергій Сергійович
dc.contributor.authorАпальков, Сергей Сергеевич
dc.date.accessioned2023-01-06T09:23:57Z
dc.date.available2023-01-06T09:23:57Z
dc.date.issued2022
dc.description.abstractThe need to increase the price of non-green, carbon-emitting goods, as well as the application of new environmental taxes and fees to help solving the global climate crisis, has been actively discussed. However, price is not only a strong impetus for market development, but it can also restrain growth. The price level and population purchasing power belong to the key indexes that define the market capacities in different countries. This paper aims to investigate the impact of income inequality, including price levels and purchasing power, on environmental performance in different countries. The research method is based on RapidMiner’s machine learning programs, applying three modeling algorithms: correlation, clustering, and decision trees with a static index database of more than 150 countries around the world. The results obtained partially confirm the conclusions made by other researchers studying the Environmental Kuznets concept (EKC) effects. In particular, it was found that an important factor influencing the efficiency of the environment in the country’s ecosystem is the level of population’s income. The analysis also shows that environmental performance is strongly dependent on domestic price levels. This may support the hypothesis that the cost of green goods reflects a high benchmark for natural resource costs. However, further research is needed, including such directions as sources of financing for the implementation of circular projects, as well as the associated economic and environmental effects.uk_UA
dc.identifier.citationEvaluation models for the impact of pricing factor on environmental performance in different countries / Viktoriia Apalkova, Sergiy Tsyganov, Nataliia Meshko [et al.] // Problems and Perspectives in Management. – 2022. – Vol. 20, Iss. 2. – P. 135–148.uk_UA
dc.identifier.issn1727-7051
dc.identifier.urihttps://ir.kneu.edu.ua:443/handle/2010/38769
dc.language.isoenuk_UA
dc.publisherLLC “Consulting Publishing Company “Business Perspectives”uk_UA
dc.subjectenvironmental performanceuk_UA
dc.subjectpurchasing poweruk_UA
dc.subjectcircular economyuk_UA
dc.subjectk-means modeluk_UA
dc.subjectdecision treeuk_UA
dc.titleEvaluation models for the impact of pricing factor on environmental performance in different countriesuk_UA
dc.typeArticleuk_UA
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