Analyzing the Impact of Fiscal Reforms on Green Growth in the MENA Region

المؤلفون

1 College of Management & Technology- Arab Academy for Science, Technology and Maritime Transport.

2 Professor of Economics, College of Management & Technology- Arab Academy for Science, Technology and Maritime Transport

3 Associate Professor of Finance and Investment. Faculty of Financial and Administrative Science – Pharos University in Alexandria

المستخلص

This research examines the relationship between green financial reform and green growth in countries of the Middle East region, including Africa in particular. It studies the impact of green financial reforms, such as green tax reforms and government spending, on green growth as measured by carbon dioxide emissions. The study uses secondary data from 2012 to 2020 and the sample includes countries in the Middle East and North Africa region, specifically Egypt. Data analysis includes descriptive statistics and correlation matrices to estimate the relationships between variables. Research hypotheses are tested using regression models and key economic issues such as normality, autocorrelation, multiplicity, and heteroscedasticity are examined to ensure the robustness of the results. They are used positively and inferentially to apply quantitative measurement methods to analyze data. The study provides insights into the long-term effects of fiscal policies such as green tax reform and government spending on environmental and economic outcomes in the Middle East and North Africa region. The results show a strong positive relationship between green fiscal reform and its impact on green growth.

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