Bansal Sanchita, Sharma Gagan Deep, Rahman Mohammad Mafizur, Yadav Anshita, Garg Isha
University School of Management Studies, Guru Gobind Singh Indraprastha University, New Delhi-110078, India.
School of Commerce, University of Southern Queensland, Toowoomba QLD 4350, Australia.
Heliyon. 2021 Jan 13;7(1):e05965. doi: 10.1016/j.heliyon.2021.e05965. eCollection 2021 Jan.
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.
本研究调查了各种经济、社会和环境指标对南亚国家经济增长的影响。利用1990 - 2017年的全部数据,采用复杂的计量经济学方法进行面板数据估计。所得结果表明,生物承载力、金融发展、人类发展指数、收入不平等对经济增长具有长期正向影响,而能源使用的影响则相反。该研究结果表明,政府及相关机构必须促进金融发展、人类发展和生物承载力,不仅要实现长期经济增长,还要抑制生态足迹和收入不平等,同时使能源消耗与各经济体的生物承载力相匹配。