Martina Halaskova

Moravian Business College Olomouc, Department of Economics and Regional Development, Olomouc,

Czech Republic

E-mail: martina.halaskova@mvso.cz 

ORCID 0000-0002-6812-6158

The economic and environmental dimension of sustainable development and evaluation of selected areas in EU countries

Renata Halaskova

University of Ostrava, Faculty of Education, Department of Technical and Vocational Education, Ostrava, Czech Republic

E-mail: renata.halaskova@osu.cz

ORCID 0000-0002-2811-2210

Beata Gavurova

Technical University of Košice, Faculty of Mining, Ecology, Process Control and Geotechnologies, Institute of Earth Resources,

Košice, Slovak Republic

E-mail: beata.gavurova@tuke.sk

ORCID 0000-0002-0606-879X

Marek Pomp

VSB- Technical University of Ostrava, Faculty of Economics, Department of Mathematical Methods in Economics, 

Ostrava, Czech Republic   

E-mail: marek.pomp@vsb.cz

ORCID 0000-0003-1487-1141

Abstract. The paper discusses current issues of economic policy in the context of the initial conditions of sustainable development. The aim of the article is to map the view of sustainable development, to evaluate its selected areas in the economic and environmental dimension and their impact on economic development in EU countries. Using a panel data analysis in the years 2010-2022, the influence of selected areas (indicators) of sustainable development in the context of economic development is examined in EU countries. The results showed the greatest positive impact of economic sustainability indicators in the field of circular economy - Resource productivity and Material footprint in the context of economic development. On the other hand, the greatest negative impact on the economic development of EU countries is associated with share of environmental taxes in total tax revenues and circular material use rate. At the same time, the results confirmed certain differences in the impact of the examined areas of economic and environmental sustainability between EU countries with a higher and lower economic level than the EU average. The findings this research demonstrate the importance of specific areas of economic and environmental sustainability in the examined groups of EU countries.

Received: November, 2024

1st Revision: October, 2025

Accepted: December, 2025

DOI: 10.14254/2071-789X.2025/18-4/5

JEL Classification: Q01, Q56, O13, C23

Keywords: economic development, sustainable development, environmental and economic sustainability, circular economy, EU countries