Environmental Economics (open-access)

ISSN 1998-6041 (print), 1998-605X (online)
Publisher LLC “Consulting Publishing Company “Business Perspectives”
Issued from November 2010
Environmental Economics (open-access)

Starting January, 2017, Journal is open-access.

The journal publishes the results of scientific researches, focused on sustainable social development, economic aspects of nature protection, and rational environmental management. The Editorial Board gives the privilege of publication to the original, contemporary and innovative manuscripts, which examine the economic essence of the most crucial global issues of Earth Planet, such as global warming, natural resources exhaustion, ecological disasters, etc. The advantages will be given to the articles, focused on the rational environmental management organization of separate companies or regions. Key target audience of the journal includes researchers, scholars, lecturers, students, and practitioners. It is published quarterly in Ukraine.

Key topics:

  • Sustainable Social Development, Resources and Conservation;
  • Environmental Accounts;
  • Nature Protection;
  • Natural Resources Exhaustion and Ecological Disasters;
  • Natural and Human-made Disasters Economics;
  • Biodiversity Conservation, Bioeconomics, Industrial Ecology;
  • Emergencies, Risks and Insurance;
  • Environment and International Trade;
  • Environmental Taxes and Subsidies;
  • Environmental Management and Environmental Protection;
  • Economic Problems of Global Warming;
  • Forecasting and Simulation, Econometric and Statistical Methods, Econometric Modeling;
  • Environmental, Health, and Safety Law.


LLC “СPС “Business Perspectives”
Hryhorii Skovoroda lane, 10, Sumy 40022, Ukraine
phone/fax: +38-0542-775771

Submission guidelines

Please send a soft copy of your paper as an MS Word .doc file (all versions accepted) and filled Cover letter form to the following e-mail:
Editorial Assistant -


Open Access Statement

Journal is committed to full open access for scholarly publications. All articles are available to all users immediately upon publication of the issue.
Benefits of the open access are:increased citation and usage;rapid publication; faster impact with permissive licenses; copyright retention by the author.
Authors can choose either of Creative Commons licenses (CC-BY 4.0 or CC-BY-NC 4.0). Find detailed information in the Copyright section.



Yevgen Khlobystov

Doctor of Economics, Professor at the University of Economics and Humanities, Poland.

Sergii Kharichkov

Doctor of Economics, Professor, Head of Department of Management of Odessa National Polytechnic University, Odessa, Ukraine.

Advising Editors

Madhur Anand

Associate Professor, Canada Research Chair in Global Ecological Change, Department of Environmental Biology, University of Guelph, Guelph, Canada.

Sanja Tišma

Dr., Ph.D., Director of the Institute for Development and International Relations in Zagreb, Croatia.

Editorial Board

Elvio Accinelli

Dr., Professor of Economics, the Economics School, Universidad Autónoma de San Luis Potosí, Mexico.

Elijah M. Akunda

Dr., BSc. Upper Second Class Honours Botany – University of Nairobi – Kenya, MSc. Plant Physiology – University of Nairobi – Kenya, Ph.D University of Nairobi – Kenya.

Jahir Bin Alam

Prof., Department of Civil and Environmental Engineering Department Shahjalal University of Science and Technology Sylhet, Bangladesh.

Yerramilli Anjaneyulu

Ph.D., Professor and Director,Trent Lott Geospatial&Visualisation Research Center, Jackson State University, USA.

Mehedi Ahmed Ansary

Prof., Department of Civil Engineering, Bangladesh University of Engineering and Technology, Bangladesh.

Adam Barcikowski

Professor Emeritus at the of Nicolaus Copernicus University, the Department of Biology and Environmental Protection, Poland.

Frank Biermann

Professor of Global Sustainability Governance at Utrecht University/Chair, Earth System Governance Project, The Netherlands.

N. Bose

Ph.D (Mechanical Engg.), Senior Professor in Mechanical Engineering, Department of Mechanical Engineering, Mepco Engineering College (PO) - 626 005 Sivakasi, Virudhunagar Dist. Tamilnadu, India.

Stewart Burn

Prof., Senior Principal Research Scientist Stream Leader, Infrastructure Technologies, CSIRO Water for a Healthy Country; Group Leader, Urban Water Systems Engineering, CSIRO - Land and Water, Australia.

Juan Gabriel Brida

Assist. Prof., Competence Centre in Tourism Management and Tourism Economics (TOMTE), School of Economics and Management – Free University of Bolzano, Italy.

Javier Carrillo-Hermosilla

Associate Professor at the Department of Economicsand Business and a research associate of the Institute for Economic and Social Analysisat the University of Alcalá, Spain.

Graciela Chichilnisky

Professor of Economics, Columbia University, USA.

Mark A. Cohen

Justin Potter Professor of American Competitive Enterprise & Professor of Law, Vanderbilt University; University Fellow, Resources for the Future, USA.

Robert Costanza

Dr., Professor, Chair in Public Policy at the Crawford School of Public Policy, Australian National University, USA.

Monica Dudian

Ph.D, Prof., Faculty of Economics, The Bucharest Academy of Economic Studies, Romania.

Manuel Frondel

Dr., Prof., Head of Department Environment and Resources, Leiter des Bereichs Umwelt und Ressourcen, Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI), Ruhr-University Bochum (RUB), Germany.

Jozef Antoni Haber

Ph.D., Honorary Professor of Jean Monnet Project of the European Union; Honorary Professor of the Ukrainian Banking Academy; Member of Ukrainian Economic and Philosophic Scientific Association; Head of the International Relations Department, Poznan School of Banking, Faculty in Chorzow, Poland.

Jimmy Hendrick

Associate Professor of Horticulture, Director of School of Environmental Science, College of Agriculture and Environmental Sciences, UNISA, South Africa.

Shi-Ling Hsu

Assoc. Prof., University of British Columbia, Faculty of Law, Canada.

Vandna Jowaheer

Ph.D., Associate Professor of Statistics, Department of Mathematics, Faculty of Science, University of Mauritius, Mauritius.

M. Ozgur Kayalica

Professor, Department of Management Engineering, Faculty of Management, Istanbul Technical University, Turkey.

Claudia Kemfert

Professor of energy and sustainability, the private University, the Hertie School of Governance, Berlin, Germany.

Himayatullah Khan

Dr., Prof., Director, Institute of Development Studies, The University of Agriculture, Peshawar, Pakistan.

Joseph Ikechukwu Mouoghalu

Professor, Department of Botany, Obafemi Awolowo University, Nigeria.

Alexandru Mircea Nedelea

Ph.D., Associate Professor, Stefan cel Mare University of Suceava, Romania.

Valentina Okaru-Bisant

Sogato Strategies, LLC (Global Strategy and Risk Advisory Firm), The George Washington University, Elliott School of International Affairs, The Catholic University of America, USA.

Shen Q. Pan

Associate Professor and Assistant Dean for Research and Graduate Program, Department of Biological Sciences, National University of Singapore, Singapore.

Boris A. Portnov

Full Professor, Department of Natural Resources & Environmental Management, Graduate School of Management, University of Haifa, Israel.

Metta Ramanjaneyulu

M.A., M.Phil., Ph.D., Professor & Chairman P.G. Department of Economics, Bangalore University, Jnanbharathi, Bangaluru, India.

Ravinder Rena

Professor of Economics, NWU School of Business and Governance, North-West University, South Africa and Adjunct Professor of Economics at Monarch Business School, Switzerland.

Matthias Ruth

Director, Professor, School of Public Policy & Urban Affairs, Professor of Department of Civil and Environmental Engineering, Northeastern University, USA.

Kamal Upadhyaya

Professor and Chair, Department of Economics and Finance, College of Business, University of New Haven, USA.


Urs Steiner Brandt

Ph.D., Associate Professor, Department of Sociology, Environmental and Business Economics, University of Southern Denmark, Denmark.

Aghop Der-Karabetian

Ph.D., Professor Emeritus, Psychology Department, College of Arts and Sciences, University of La Verne, USA.

Liudmyla Deineko

Professor, the Head of the Department of Industrial Policy of State Institution "Institute of Economics and Forecasting of NAS of Ukraine", Ukraine.

Ivan Govender

Dr., Senior Lecturer, Economics and Management, Department of Entrepreneurial Studies and Management, Durban University of Technology, South Africa.

D. Suresh Kumar

Dr., Ph.D., Professor of Agricultural Economics, Department of Agricultural Economics, Tamil Nadu Agricultural University, India.

Cosimo Magazzino

Associate Professor in Econometrics and Economic Policy, Department of Political Sciences (DISCIPOL), University of Roma Tre, Italy.

Farhaoui Mohamed

Ph.D., Head of Water Production Department, National Office of Electricity and Drinking Water, Morocco.

Martin Reinhardt Nielsen

Ph.D., Associate Professor, Department of Food and Resource Economics, The Global Development Section, The University of Copenhagen, Denmark.

Edwar Andrés Forero Ortiz

B.A.Sc. in Sanitary Engineering, B.A.Sc. in Environmental Engineering. Specialist in Hydraulics, Environmentall and Water Engineering. M.Sc (c) in Euro Hydroinformatics and Water Management, Researcher at Polytechnic University of Catalonia, Spain.

Ganganee Chandima Samaraweera

BSc, MSc, Ph.D., Senior Lecturer, Department of Agricultural Economics, Faculty of Agriculture, University of Ruhuna, Mapalana, Kamburupitiya, Sri Lanka.

Hanna Shvindina

Ph.D., Deputy Chief of Department of Management, Associate Professor of the Department, Sumy State University, Ukraine.

Stephan Sommer

Researcher at RWI, Leibniz-Institute for Economic Research, Department Environment and Re-sources, Environment & Resources / Umwelt &Ressourcen, Germany.

Leonid Taraniuk

D.Sc. (Economy), Professor of Economics and Business Administration Department of Sumy State University, Ukraine.

Anton Tretyak

Dr., Professor, Corresponding Member of the National Academy of Sciences of Ukraine, Head of the Academic and Research Institute of Economics and Environmental Ecology, Ukraine.

Guidelines for Editors and Reviewers

The Editorial Board consists of international experts in their respective fields. All members of the Board occupy high positions in educational and research institutions. The roles of the Editorial Board members are the following:

  • provide expertise in definite research field;
  • review submitted papers;
  • advise on journal policy and scope and participate in the journal development;
  • propose subject definition and conference choice for special issues. Also, editorial members may be guest editors of special issue;
  • promote the journal at conferences, seminars, workshops, and relevant public events;
  • attract new potential authors;

Guest editors play a vital role in ensuring the quality of special content publications, such as Special Issues. Guest editors overlook the process, from proposal to publication.

The Editorial Board is reviewed every two years, which means exclusion of inactive members and addition of the new ones.

We appreciate applications from the editorial candidates. To submit an application, please send an e-mail to an editorial assistant of the selected journal and attach a file with your CV (containing the current place of work, occupation, education, the scope of your scientific interest, types of activity, list of publications, list of the journals in which you occupy the positions of an editor or a reviewer, e-mail for contact and a link to personal page at you university).

Duties of editors

We strongly recommend that Editors get acquainted with and follow COPE Code of Conduct and Best Practice Guidelines for Journal Editors.

The editors of the journal are responsible for deciding which of the articles submitted to the journal will be published. The editor may confer with the members of the Editorial Board in making this decision.

Fair play. The editors evaluate manuscripts without regard to the nature of the authors or the host institution including race, gender, religious belief, ethnic origin, citizenship, or political philosophy of the authors.

Confidentiality. The editors, members of the Editorial Boards, and any editorial staff must not disclose any information about a submitted manuscript to anyone except the authors of the paper, reviewers, potential reviewers, and the publisher, for appropriate reasons.

Disclosure. Unpublished materials disclosed in a submitted paper should not be used in the own research of the editors or the members of the Editorial Board without the express written consent of the author.

Duties of reviewers

We strongly recommend that all reviewers get acquainted with and follow COPE Ethical Guidelines for Peer Reviewers.

Confidentiality. Information regarding submitted manuscripts should be kept confidential during and after review process. Also, reviewers should not reveal any details about reviewing manuscript to anybody.

Standards of objectivity. Reviewers should be objective while conducting reviews. All the comments and recommendations should be supported with relevant arguments.

Disclosure. Unpublished materials disclosed in a submitted manuscript must not be used in a reviewer's own research without the express written consent of the author. Privileged information or ideas obtained through peer review must be kept confidential and not used for personal advantage.

Peer Review

Peer review plays a vital and critical role in the publication of scholarly articles through assessment of validity, quality and originality of submitted articles. It is considered to be the most effective and valid form of research evaluation to help select the highest quality articles for publication. Authors can receive the information regarding the peer-review stage of their manuscripts through editorial assistants.

Review process

Editorial staff transfers all submitted manuscripts to one of the Editors for initial evaluation in order to establish if the manuscript meets the editorial criteria. Initial evaluation includes assessment if the manuscript is suitable for the journal or special issue, authors’ qualification and background, and plagiarism levels. Papers that don’t meet these criteria, as well as obviously poor manuscripts, will be rejected without sending for further external review.

If the papers provide potential interest for readers and present importance to the scientists in the relevant field of the journal’s scope, Editors suggest external peer-reviewers (selection of peer-reviewers is based on expertise, reputation, specific recommendations and our own previous experience of a reviewer's characteristics). Alternatively, editorial staff will send manuscripts to qualified Editorial Board members or reviewers from our database.

All manuscripts are “double-blind” peer-reviewed, which means that reviewers do not possess any information about the authors’ identities and vice versa. If one of the editors submits the manuscript for publication in the journal, editorial staff transfers this manuscript to another Editor or one of the Editorial Board members without disclosing any information about the author.

After the manuscripts have been reviewed, Editors receive a Referee Report with point-by-point evaluation and comments. Based on the suitability of selected reviewers, adequacy of reviewer comments and overall scientific quality of the paper, Editors make one of the following decisions:

  • Publish unaltered
  • Consider after minor changes
  • Consider after major changes
  • Reject without further consideration

If the authors are required to revise the paper, they ought to provide revised manuscript along with Response to the Reviewers. All authors can receive Referee Report on demand without revealing the identity of the reviewer and appeal against editorial decisions by response to the referees with authors’ arguments and explanations. Articles may or may not be sent to reviewers after author revision, dependent on whether the reviewer requested to see the revised version and the wishes of the Editor.

Expectations from reviewers

During the peer-review process, report preparation, and after refereeing we expect from Editorial Board members and reviewers to:

  • respond in a reasonable time-frame, especially if reviewer can not perform the review, including intentional delay;
  • declare if they are not experts in the field the paper is relevant to;
  • declare any potentially conflicting or competing interests (which may, for example, be personal, financial, intellectual, professional, political or religious) and seek advice from the Editorial Board in this case;
  • decline to review if they feel unable to provide a fair and unbiased review or they are involved with any of the work in the manuscript or its reporting;
  • to provide honest and fair assessment of the strengths and weaknesses of the research and the manuscript;
  • send completed report form along with the reviewed manuscript;
  • be specific in their criticisms, and provide evidence with appropriate references to substantiate general statements to help editors in their evaluation and decision;
  • suggest additional research if it helps strengthen or extend the work;
  • ensure their comments and recommendations for the editor are consistent with their report for the authors;
  • any suggestions and comments must be based on valid academic or technological reasons;
  • continue to keep details of the manuscript and its review confidential during and after reviewing;

Conflicts of Interest

Conflicts of interest comprise those which may not be fully apparent and which may influence the judgment of author, reviewers, and editors. They have been described as those which, when revealed later, would make a reasonable reader feel misled or deceived. They may be personal, commercial, ideological, academic, or financial.

When authors submit a manuscript of any type or format they are responsible for disclosing all financial and personal relationships that might bias or be seen to bias their work. This includes declaration of all sources of funding. All authors that publish in our journals are obliged to declare conflicts of interest if there are any. Declared conflicts of interest will be considered by the editor and Conflict of Interest Statement will appear in our journals at the end of the published article.

Reviewers should not consider manuscripts in which they have conflicts of interest resulting from competitive, collaborative, or other relationships or connections with any of the authors, companies, or institutions connected to the papers. Reviewers should be objective and constructive, declare all potential conflicting interest, seeking advice from the editors if they are unsure whether something constitutes a relevant interest; do not allow their reviews to be influenced by the origins of a manuscript, by the nationality, religious or political beliefs, gender or other characteristics of the author, which could be implied in the manuscript.

If the founders decide to publish as authors or co-authors, they are required to include the Conflict of Interest Statement in the Publication Agreement. This statement will be also included in their published paper.

Editors who make final decisions about manuscripts should not make editorial and publication decisions if they have conflicts of interest related to articles under consideration. Editorial staff must not use information received through working with manuscripts for private gain. Guest editors should follow these same procedures.

Research Misconduct Policies


LLC "CPC "Business Perspectives" uses Similarity Check service and all manuscripts that are being sent for an external peer review, are screened for originality with iThenticate software. By submitting their manuscripts to our journals authors are agreeing to any necessary originality checks the manuscript may have to undergo during the publication process.
Plagiarism implies the use another author's work without permission or acknowledgement. Plagiarism may have different forms from copying word by word to rewriting. While defining plagiarism the following definitions are taken into account:

Literal copying
Copying the work word by word, in general or in parts, without permission or acknowledgement of the source. Literal copying is clearly plagiarism and is easily detected by plagiarism software.

Substantial copying
Replicating substantial part of the work without permission and confirmation of the source. In determining what is "substantial", both the quantity and the quality of the copied content are relevant.
Quality is measured by relative value of copied text comparing to the whole text. Where the essence of the work was copied, even not very big part of it, plagiarism is identified.

Copying may be made without literal replicating, used in the original work. This type of copying is known as paraphrasing and it may be the most difficult type of plagiarism to reveal.
Plagiarism in all its forms is unacceptable and will lead to immediate rejection of the paper along with possible sanctions against authors.

Allegations about authorship of contributions

It is important that all authors are declared in the list of authors and are declared in the Cover letter form, sent along with a submitted paper.

To be considered the author, a person should be responsible for particular research aspect or preparation for work or make particular contribution to the concept, project, fulfillment, or research explanation, and it must be confirmed in the final work form.

Insignificant contribution may not be considered as an authorship. A person who provides insignificant contribution or appropriate data or other type of help may be considered as "contributor" by author/co-authors, and may be declared in the paper in acknowledgement section.

According to our policy, author/co-authors of submitted paper must fill in the Cover letter form to identify all participants, as well as confirm their consent to publish the paper.

Duplicate submission

Authors must present papers which are unique and must not be submitted to any other journal (except for some unusual circumstances and only with reviewer's approval). Sometimes authors may ignore this requirement, submitting the same document to several journals or submitting several documents on the basis of one and the same research. As in plagiarism duplicate submission may take different forms: literal copying, partial, but substantial copying or even paraphrased copying of the research. The publisher sticks to the policy which forbids publication of multiple papers on the basis of a single research. Infringement of this policy will result in immediate rejection along with possible sanctions against authors.

Citation manipulation

Submitted manuscripts that are found to include citations whose primary purpose is to increase the number of citations to a given author's work, or to articles published in a particular journal, will result in immediate rejection along with possible sanctions against authors.

Data falsification

If the falsified or fabricated data of experimental results (this also includes manipulation of images) will be found in the submitted paper, it will result in an immediate rejection along with possible sanctions against authors.

The following sanctions may be imposed in case of infringement of abovementioned policies:

  • Immediate rejection of the manuscript.
  • Immediate rejection of every other manuscript submitted to any journal published by LLC "CPC "Business Perspectives".
  • Publication embargo against all authors of the manuscript (prohibition for any new submissions to any journal published by LLC "CPC "Business Perspectives"). The term of the embargo may vary, but the minimum is 24 months.
  • Prohibition against all of the authors from serving on the Editorial Board of any journal published by LLC "CPC "Business Perspectives".

Correction and Retraction Policy

All Business Perspectives journals have the same policy regarding corrections and retractions. We differentiate between addenda, errata, corrigenda, and retractions.

If significant information was unintentionally omitted by authors from the original publication, the original article can be amended through an Addendum reporting these previously omitted results. The Addendum will be published, with page numbers added, in the current issue of the journal. A hyperlink to the Addendum will also be added to the original publication.

An erratum will be used if a significant error has been introduced by us during the production of the journal article, including errors of omission such as failure to make factual proof corrections requested by authors within the deadline provided by the journal and within journal policy. A significant error is considered to be the one that affects the scholarly record, the scientific integrity of the article, the reputation of the authors, or of the journal. All errata are linked to the version of the article that they correct.

A corrigendum is a notification of a significant error made by the authors of the article. All corrigenda are approved by the editors of the journal. All corrigenda are linked to the version of the article that they correct.

Retraction will be issued by an editor upon several conditions: severe plagiarism, multiple publications, data fabrication, unreliable or faulty findings, and other harmful practices. In this case, Retraction notice will be published. This notice will include the title and authors of the article, the reason for the retraction and who is retracting the article. It will be published online with a link to the online version of the article. It will be published in the next print issue and included in the table of contents of that issue. Before publishing the notice of retraction, a signed statement by the authors should be sent to the editorial office.


This section contains information about articles which are already reviewed, accepted and waiting for publication in next issues of the journal.

The intricacies and challenges of ensuring safe and healthy mining environments in South Africa

Shibambu O. Ntsuxeko, Faculty of Management and Law, School of Law, Department of Public and Environmental Law, University of Limpopo, South Africa
Kola O. Odeku, Faculty of Management and Law, School of Law, Department of Public and Environmental Law, University of Limpopo, South Africa

Abstract. In South Africa, during the apartheid era, the mining sector had records of extremely high injuries and occupational diseases that led to massive death of mineworkers who were predominantly Blacks. In the post-apartheid era, measures such as monitoring, inspections, investigations and regulatory interventions have been introduced to identify hazards with the aim of minimising and eliminating the risk to health and safety of mineworkers. However, despite these interventions and measures, the pace of ensuring total eradication of accidents and fatalities is slow and there is need to accelerate it as every life is important. This can only be realised if there is substantial improvement in the implementation, enforcement and compliance with legislation, measures and policies that have been put in place to curb accidents, diseases and fatalities in the mining sector. This article examines the effectiveness of the interventions, points out the weaknesses and provides viable solutions for improvement. The article also highlights the importance of trade unions and technologies as catalysts to drive and improve safety standards in the mining environments.

Environmental responsibility and financial performance nexus in South Africa: panel Granger causality analysis

Thomas Adomah Worae, School of Accountancy, University of Limpopo, South Africa
Collins C. Ngwakwe, Graduate School of Leadership, University of Limpopo, South Africa

Abstract. The authors examined environmental, responsibility and financial performance nexus of Johannesburg stock exchange’s socially responsible investing manufacturing and mining firms duting the period of 2008-2014. The study employs annual panel dataset of fourteen manufacturing and mining companies on the index, and Granger causality analysis using Gcause2 Baum’s version. The paper found unidirectional causal relationship between environmental responsibility, measured by emissions intensity and equity returns, and bidirectional causal relationship between emissions intensity and market value of equity deflated by sales at 1% significant levels. Impliedly, improvements in ‘energy efficient technologies’to reduce fossil-energy consumption (prevention activities) seem to exhibit value destroying tendencies, while improvements in ‘end-of-pipe’ activities seem to estimate a drive market value of equity deflated by sales and equity returns. The Pesaran CD and Breusch-Pagan LM tests confirmed existence of cross-sectional dependence amongst panel members. The authors tend to support institutional and stakeholder theories.

About polluting eco-industries: optimal provision of abatement goods and pigouvian fees

Sans Damien, Aix-Marseille University (Aix-Marseille School of Economics), CNRS & EHESS, France
Schwartz Sonia, CERDI, Université d’Auvergne, France
Stahn Hubert, Aix-Marseille University (Aix-Marseille School of Economics), CNRS & EHESS, France

Abstract. In this article we introduce a polluting eco-industry. Depending on the level of the damage, we find one of two optimal equilibria. If the damage is low, we generalize the usual results of the economic literature to the polluting eco-industry: the dirty firm partially abates their emissions, only efficient eco-industry firms produce and the abatement level increases with the damage. However, we obtain very specific results if the damage is high. In this case, not all efficient eco-industry firms produce. The abatement level and the number of active eco-industry firms both decrease as the damage increases. We finally show that a well-designed Pigouvian tax implements these equilibria in a competitive economy.


Submission Guidelines

Before paper submission authors should get acquainted with Requirements to the manuscripts and arrange their paper according to them. Along with paper authors should e-mail completed Cover letter form to editor or editorial assistant of the chosen journal.

Before manuscript submission, please check Research Misconduct Policies, infringement of which will result in immediate rejection of the paper and possible sanctions against the author.

General requirements:

  • Do one’s best to send an article with good level of English. Well-built articles with a good language usage will let the reviewers and editors concentrate on the articles’ academic value, thus speeding up reviewing process.
  • Make sure that the paper presents an academic value, the newness and applicability are well described; the paper makes contribution to earlier researched results concerning appropriate topic.
  • Avoid using hyphenation in the text, make figures readable and editable, as well as tables’ style.
  • Use bold type, italics, inferior and superior signs where necessary.
  • While preparing tables use net, for column balance use tabulation.
  • In numeric values use dot instead of commas (in fractions).

Citation and Reference Formatting

Download “Business Perspectives” reference list and citation style guide or refer to APA formatting and style guide.

Requirements to the manuscripts (PDF Version)

1. Abstract preparation guidelines
1.1. The abstract (200‐250 words) should reflect the conceptual content of the article. In the abstract the author should provide a brief overview of research importance, describe the subject matter and the aim of research, its methodology, as well as highlight the most significant results of research.
1.2. Journal of Economic Literature (JEL) classifications that can be found at http://www.aeaweb.org/jel/jel_class_system.php, and keywords are necessary.
1.3. Font ‐ Times New Roman; text size ‐ 12 pts, line‐spacing ‐ one‐and‐a‐half.
1.4. All tables and figures should be editable.
2. The paper main body preparation guidelines
2.1. The paper should present the results of independent original research undertaken by the author; it should contain the data never published before.
2.2. The paper should contain a clear description of research objective and its subject.
2.3. The methodology of research should be described in detail.
2.4. The author personal scientific contribution must be grounded in the paper.
2.5. The paper should contain basic suggestions on how to solve the problem under study.
2.6. American English is preferred to British English.
3. The structure of the paper
3.1. The title of the paper.
3.2. Below, in the centre of the page the name of the author should be printed. Reference to the author's name should be made at the bottom of the page with the footnote marked by asterisk ("*"). The reference should contain information about the author's degree and affiliation, as well as contact details (phone number and e‐mail).
3.3. Below, the text of the abstract should be printed.
3.4. After the abstract's keywords and JEL classifications should be printed.
3.5. Below the main body of the paper should be placed.
3.6. The main body of the paper should be followed by references.
3.7. References contain the list of literature referred to given in alphabetical order.
3.8. All figures and tables should be printed inside the papers' main body.
4. Manuscript length
4.1. The paper should not be less than 2000 words and should not exceed 6000 words.

Publishing process

Submission process
To submit a paper, please send two copies of manuscript, one in MS Word format (.doc or .docx) and one in PDF, and completed Cover letter form attached to an e-mail to the editorial assistant.
Make sure that all supplementary materials (tables, figures, equations, and images) are editable. In case the editorial assistant asks to send editable elements, please do it as soon as possible to make the reviewing process faster. To prepare your paper for submission, please read Submission Guidelines.

Infringement of Research Misconduct Policies will result in paper rejection and possible sanctions against authors.

Review process
All papers are "double-blind" peer-reviewed. Detailed information can be found in Peer Review section.

Article Processing Charges (APC)
APC are paid by the authors in order for their articles to be published in open-access under one of Creative Commons licenses. APC cover the costs of publication process, including peer-review administrating, copy editing, hosting the files etc. APC is different for each journal and detailed information can be found on the respective journal pages.

After the paper is typeset, the publisher will provide the authors of accepted papers with proofs for the correction of errors. Only changes to the title of the paper, list of authors or scientific errors will be considered and further approved by the publishing team. The publisher is not responsible for the errors which are the results of authors' oversight. We reserve the right to make the final decision regarding style and the size of figures.

Personal Information Use and Protection

Provided personal information:

  • contact information (name, e-mail address, post address, and phone number);
  • information about education and professional experience;
  • sign-in information;
  • information about payment, e.g. credit or debit cards numbers;
  • comments, reviews and messages you have posted at our resource;

Publisher may use authors’ personal information to:

  • maintain the terms of copyright;
  • find, investigate, and prevent security threat, fraud or other malpractice;
  • provide authors with our resources, give them access to our products and services, fulfill order or transaction, hold researches or transactions;
  • address authors’ claims, comments or problems;
  • provide technical support;
  • provide authors with individual personalized content and services;
  • improve the quality of our resources, work out new products and services;
  • define and analyze new trends;
  • inform authors about all changes and updates of our resources, products and services.

We may share authors’ information with appropriate agents, representatives, mutual establishments and organizations, we are agents or sponsors to. This information may be shared only for appropriate reasons, which may be important for us in business matters or according to our legal obligations.

LLC “CPC “Business Perspectives” takes all necessary precautionary measures to protect your personal information from theft, abuse, unauthorized access, disclosure, change, and distraction with the help of appropriate administrative, physical, and technical measures in providing security.




LLC “CPC "Business Perspectives” protects your rights as an author and guarantees that any juridical information and questions regarding author’s right will be regulated.

Open-access articles
Authors whose articles are published in open-access retain copyright to the content of the articles. The publisher is granted the right to make the first publication of the article. Open access articles can be published under one of the following Creative Commons licenses by the author's choice (remember that licenses are irrevocable).

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Editorial Board members and reviewers constantly work on increasing the efficiency of manuscripts evaluation and selection of the papers that present extreme importance to the scientific field. In this respect, there are factors that result in a rejection of a significant share of papers submitted for publication. The reasons for rejection can be different. Main reasons are listed in Peer Review and Research Misconduct Policies.

LLC “CPC “Business Perspectives” emphasizes that in no case place of work or country of residence of the scientist, his racial or religious affiliation can be the reason for rejection.

In this respect, we ask the authors to pay attention to necessity of observing publication ethics principles. Submitted manuscripts should be relevant in content and comply with the aim, tasks and specialization of the journal.

The language of the manuscript should be professional, and the format should comply with the standards given. Weak English and incompliance with the format standards will not obligatorily lead to rejection, but can delay paper acceptance until the author makes the amendments. The acceptance rate for the journal is calculated as a number of manuscripts accepted for publication compared with total number of manuscripts submitted in one year.

This rate demonstrates gradual and steady decrease. By now, it is 34%.

To have a clear vision about period of consideration and process of review of your paper, authors can always contact the editorial assistant. Period of paper consideration is not fixed and can be changed depending on different factors, but our employees will keep you informed about the status of the publishing process.

The average time it takes to make a publication decision after receipt of submitted manuscript is 84 days.

Number of articles published in “Environmental Economics”:

2010 – 24
2011 – 39
2012 – 42
2013 – 37
2014 – 39
2015 – 66
2016 – 52


The author may deposit pre-print version of the paper (manuscript by the author, submitted to the journal, before peer-review and without any editorial amendments) to any platform anytime with acknowledgement to the Publisher and the Journal (acknowledgement should be made as follows: "This is a pre-peer-reviewed version of the paper submitted for publication to [name of the Journal] published by LLC "CPC "Business Perspectives").

The author may deposit post-print version of the paper (accepted version of the manuscript after peer-review and content amendments, but before copyediting, typesetting and proof correction) to the author's personal website, provided that it is non-commercial, and to the repository of the author's institution, where it can be made publicly available immediately upon publication, with acknowledgement of the Publisher and the Journal (acknowledgement should be made as follows: "This is an accepted peer-reviewed version of the paper. The published version of the article is available at LLC "CPC "Business Perspectives" at http://dx.doi.org/[DOI of the article]").

The Author may deposit published version of the paper (final edited and typeset version that is made publicly available by the Publisher and can be considered an article) to any institutional repository, and distribute and make it publicly available in any way with acknowledgement to the Publisher and the Journal (acknowledgement should be made as follows: "This is a published version of the paper, available at LLC "CPC "Business Perspectives" at http://dx.doi.org/[DOI of the article]").


Article processing charge (APC) is paid by authors only after the paper had been reviewed and accepted for publication. APC cover the costs of publication process, including peer-review administrating, copy editing, hosting the files etc. Business Perspectives does not employ submission or reviewing charges.

Article processing charge for “Environmental Economics” is 460 €. Please request an invoice (or information about other methods of payment) from an editorial assistant or follow the link to Pay online.
If authors want the size of the article to exceed established limit (6000 words), they should contact an editorial assistant to elaborate on publication details.

After the issue is published, the corresponding author will receive one printed copy of the issue free of charge (additional copies are available for ordering from an editorial assistant).

LLC “CPC “Business Perspectives” is considering discounts and waivers for particular cases and individuals. For this purpose authors should send an e-mail to the editorial assistant requesting a discount and specifying the reason.

8 volumes and 32 issues