Social and economic factors responsible for environmental performance: A global analysis.

Several factors influence the environmental performance simultaneously but ethnic fractionalization, political freedom, financial development and institutional quality have a substantial impact to explain the environmental performance across economies. This study focuses to explore that how environmental performance is affected by these economic, political and social indicators by using the annual data of 163 developed and developing countries covering the time period of 1996-2016.The data is collected from World Development Indicators, World Governance Indicators, Freedom House and Cline Centre.