International Journal of Green Economics (9 papers in press)

Regular Issues

• Values as Predictors of Consumers Green Product Purchase Behaviour  
  by MEERA MAYEKAR, K.G. Sankaranarayanan 
  Abstract: Abstract: Consumers are key actors in promoting environment-friendly consumption behaviours. Throughout times, consumers are becoming apprehensive of the environmental problems caused by their day to day consumption of goods and services, and as a result, they prefer to purchase green products. The study examines the influence of values such as environmental concern, self-transcendence and self-enhancement on attitude towards green product purchase. The research model developed is verified, applying structural equation modelling technique with a sample of 1150 consumers from the state of Goa, India. The findings suggest that environmental concern and self-transcendence has a significant positive, whereas self-enhancement has a significant negative influence on attitude towards green product purchase. There is an indicative positive influence of attitude towards green product purchase on green product purchase intention and green product purchase behaviour. The findings do not support the mediating role of green product purchase intention in the relationship between attitude towards green product purchase and green product purchase behaviour. The managerial implications of the findings are also outlined in the paper.
  Keywords: green product; attitude; intention; purchase behaviour; self-transcendence; self-enhancement; environmental concern.
  
  
• World-wide concern for global warming: A stochastic cusp catastrophe analysis  
  by Mohamed Mostafa 
  Abstract: Global warming is probably the most serious environmental problem facing the human kind. Understanding public concern regarding global warming is the key to create mitigation and adaptation policies. This paper aims at assessing worldwide concern for global warming. This research is the first to attempt to fit a stochastic cusp catastrophe model to estimate the influence of GDP per capita, CO2 emissions, objective environmental problems, post-materialistic tendencies, religiosity, and demographic factors on global warming concern. Results from 47 nations seem to contradict Inglehart's objective environmental problems hypothesis. Results also confirm the existence of a global warming environmental Kuznets curve (EKC). We also found that concern for global warming is driven by religiosity. The findings of this paper highlight the importance of using sophisticated nonlinear dynamic techniques in determining factors influencing concern for global warming across the globe.
  Keywords: Global warming; catastrophe theory; cusp models; post-materialism; religiosity.
  
  
• Material flows, efficiency and decoupling Latvias case study  
  by Janis Brizga 
  Abstract: Latvia with its growing economy and intensive use of biomass is one of the biggest per capita natural resource consumers in Europe. If current patterns of resource use are maintained, environmental degradation and depletion of natural resources will continue. This paper looks at the resource flows in Latvia (1995 to 2016) - the country which does not have fossil energy resource deposits and timber industry is an important economic sector contributing most to the direct material input. It analyses the main resource flows, its intensities and looks at the main drivers behind these changes. Data shows that resource extraction and consumption is steadily increasing and is not decoupled from the economic growth. However, material productivity in Latvia is still very low. With population steadily decreasing and declining share of the timber industry in the total economic output, the main driving force of resource consumption in Latvia is economic growth.
  Keywords: material flows; decoupling; eco-efficiency; bioeconomy; Latvia.
  
  
• Green Economy Vs Green Economics: Examining Africas Conceptual Uncertainty in the post-Paris era  
  by Austine Sadiq Okoh 
  Abstract: Arguments exist within academic circles on the most appropriate economic organization toolkit to drive post-Paris commitments. Two variants of green economy compete for attention: the green economy and green economics. Though the idea of greening the economy is catching on in Africa it cannot leapfrog from carbon-intense trajectory to a low-carbon economy unless it is aligned with the tenets of a concept agreeable to the people. Using a desk study, we uncovered that with the current concept, there is no let up on emissions as green economy strategies are externally driven favouring depletion of natural capital. The green economics variant is the most suitable model for Africa owing to its interrelatedness with African bio-communitarianism worldview. Solution to Africas intractable agroecological problems lies in the flexible mechanism this variant avails. The convergence with Africas ecological values allows a cultural shift capable of guaranteeing political buy-in to catalyse green technological shift.
  Keywords: Biomass economy; green economics; green economy; green growth; natural capital; Sustainability; bio-communitarianism.rnrn.
  
  
• Concepts and Empirical Calculation of the Green GDP for Thailand  
  by Chalanda Sonthi, Supanee Harnphatananusorn, Sumalee Santipolvut 
  Abstract: Green GDP is an indicator of sustainable development and environmental accounting via the green economy concept. This article aims to present a method for calculating Green GDP according to the Herman E. Daly formula and its empirical calculation for Thailand. Such calculation relies on the output distance function via stochastic frontier analysis (SFA) to estimate the elasticity of good and bad outputs before computing the shadow prices of air pollution and water pollution and calculating Green GDP succession. The findings of this study indicate significant elasticity of around 0.1146 for air pollution and 0.1915 for water pollution. During a period 19972016, Green GDP when focusing on the pollution cost and resource depletion reveals an average value of around 4,807,994.45 million baht (137,371.27 USD million) with an average gap from GDP approximately 33.59%. The average ratio output per pollution cost was around 2.99 million baht per mg/kg.
  Keywords: Green GDP; Sustainable development; Green GDP calculation; Pollution costs; Air pollution; Water pollution; Shadow prices; Green GDP of Thailand; stochastic frontier analysis.
  
  
• A study on organic foods purchase intention of Indian customers: A structural approach  
  by Deepak Pandey, Amit Kakkar, Mohd Farhan, Tufail Ahmad Khan 
  Abstract: Now a days, customers are more interested toward a healthy way of life. They apprehend that the meals they are consuming have direct impact on their health and they are preferring organic food over the food prepared with the help of harmful chemicals. Indian population is showing a huge interest in the use of natural meals. It is very difficult for a businessman to know the changing buying habit of customers, so the current research is very useful to understand the affecting factors on the buying attitude of Indian organic food customer. This study proposed a research model and used a questionnaire to collect the data of 200 organic food users. The information evaluation has used (CFA) confirmatory factor analysis to establish validities of the instrument and in the process, identified that every indicating variable has meditated their primary constructs. After the CFA, it is described that the perfect fit for the statistics contemplated by the form of measurement. Path analysis approach was used to test the causal effect association with several constructs (structural model). The association ship model for buying intention may additionally assist the agency in dealing with the market for organic food.
  Keywords: Natural products; Organic food; Structural Equation Modelling; Intention; Health.
  
  
• Green Anarchism: On Environmentalism and Hierarchical Domination  
  by Ben Bulmash 
  Abstract: Over the years, business leaders were criticized for exploiting as well as harming the environment for the sake of profit maximization. The environmental movement has brought to conscious the potential negative impact of corporate ideals and formed the basis for resistance to those ideals. This study demonstrates the impact of environmental values on employees' attitudes toward business owners and managers and highlights the impact of change in social values on business activities and norms. The results of this study are meaningful to leaders and policy makers who seek to promote workers' cooperation and support in face of urging social trends.
  Keywords: Environmentalism; Resistance; Obedience; Value congruence; Business ownership.
  
  
• Stakeholders perceptions on risk and risk management strategies: The case of Chinese dock-less bike-sharing enterprise  
  by Wang Lei, Dewan Ahsan 
  Abstract: The aims of this exploratory research are to identify key stakeholders and their risk perceptions related to the bike-sharing enterprise and to point out possible strategies to mitigate those risks. The result of this study found that 10 stakeholders are involved in this business. Theft and vandalism, traffic accidents, disclosure of personal information, and loss of customer deposits are considered the most important risks factors. Application of smart digital technologies in detecting faulty bikes, development of collaborative relations, awareness building, and involvement of third party organizations to refund user deposits are considered the most important risk mitigation strategies.
  Keywords: Dock-less bike; Green Business; Risk; Stakeholder; China.
  
  
• Green Entrepreneurship in theory and practice: Insights from India  
  by Stuti Haldar 
  Abstract: The rising global concern on climate change and sustainable development has led to a paradigm shift in the Indian markets. Consumers today prefer green products over conventional products as they are growing environmentally and socially responsible. As a result of the growing base of eco - consumers several individuals and organizations are taking advantage of the contemporary Indian market scenario by innovating and redesigning their products with a green perspective. Hence the concept of green entrepreneurship is slowly and steadily establishing stronghold in the Indian markets. This study is exploratory in nature as it offers insights into the emergence of the concept of green entrepreneurship and its role in the Indian context. Based on the available literature the study proposes a conceptual model which explains the nexus between environmental, economic and social actors in development of green entrepreneurship which further leads to achievement of sustainable development. The opportunities and challenges for green entrepreneurship development are also explored in light of the initiatives taken by business houses, individuals and the Government of India by taking up case studies of successful green entrepreneurship ventures in India.
  Keywords: Green entrepreneurship; ecopreneurship; green innovations; sustainable development.