Nexus between environmental, social and economic development in South Asia: evidence from econometric models

Heliyon

卷:7

Mohammad Mafizur Rahman¹  Anshita Yadav²  Gagan Deep Sharma³  Isha Garg³  Sanchita Bansal³ 

[1] Corresponding author.;

[2] School of Commerce, University of Southern Queensland, Toowoomba QLD 4350, Australia;

[3] University School of Management Studies, Guru Gobind Singh Indraprastha University, New Delhi-110078, India;

关键词: Ecological footprint;    GDP;    HDI;    Panel data;    Social development;    South Asia;   

DOI  :  

来源: DOAJ

【 摘 要 】

This study investigates the impact of various economic, social and environmental indicators on economic growth in South Asian countries. Using the data throughout 1990–2017, a panel data estimation method is adopted with sophisticated econometric approaches. The obtained results indicate a long-term positive effect of biological capacity, financial development, human development index, income inequality on economic growth while the effect of energy use is the opposite. The findings of the study suggest that governments and associated bodies must promote financial development, human development, and biocapacity to not only attain economic growth in the long-run and but dissuade ecological footprint, and income inequality at the same time while matching the energy consumption with the bio-capacity of each economy.

【 授权许可】

Unknown