School of Economics and Management, Tsinghua University, Beijing, China.
School of Management , Xuzhou University of Technology , Xuzhou, China.
Environ Sci Pollut Res Int. 2020 Dec;27(36):45675-45687. doi: 10.1007/s11356-020-10410-1. Epub 2020 Aug 15.
Considering the importance of green economic growth and environmental sustainability in the discussion, it is crucial to understand its critical contributing factors and to draw results implications for the green policy. This research used the data of the South Asian Association for Regional Cooperation (SAARC) member countries for a period from 2005 to 2017. It adopted the panel autoregressive distributed lag technique to examine the hypotheses. The findings revealed that environmental sustainability is strongly and positively associated with national scale-level green practices, including renewable energy, regulatory pressure, and eco-friendly policies, and sustainable use of natural resources. Conversely, in our model, the "regulatory pressure" has an insignificant effect on economic growth. A necessary contribution of the present study is that a positive effect of green practices on national scale economic and environmental variables, particularly in the scenario of SAARC member states, can be noticed. At the end of the present study, we have provided policy implications for regulatory authorities and discussed potential areas for future research.
考虑到绿色经济增长和环境可持续性在讨论中的重要性，了解其关键促成因素并为绿色政策得出结果启示至关重要。本研究使用了南亚区域合作联盟（南盟）成员国 2005 年至 2017 年期间的数据。它采用面板自回归分布滞后技术来检验假设。研究结果表明，环境可持续性与国家层面的绿色实践密切相关，包括可再生能源、监管压力和环保政策以及自然资源的可持续利用。相反，在我们的模型中，“监管压力”对经济增长没有显著影响。本研究的一个重要贡献是，可以注意到绿色实践对国家规模经济和环境变量的积极影响，特别是在南盟成员国的情况下。在本研究的最后，我们为监管机构提供了政策建议，并讨论了未来研究的潜在领域。
