Adnan Kassar School of Business, Lebanese American University, Beirut, Lebanon.
Department of Business Administration, Faculty of Economics, Administrative and Social Sciences, Bahçeşehir Cyprus University, Nicosia, Türkiye.
Environ Sci Pollut Res Int. 2024 Feb;31(7):11261-11275. doi: 10.1007/s11356-024-31854-9. Epub 2024 Jan 13.
Sustainable development can act as a catalyst in boosting environmental sustainability and human welfare by alleviating unsustainable production and consumption practices. Political globalization emerges as indispensable in increasing global environmental governance. In addition, social globalization, militarization, and democracy can also affect sustainable development. In light of the overlooked impacts of these crucial variables on sustainable development within prior research studies, this study investigates the heterogeneous effects of political globalization, militarization, social globalization, and democracy on sustainable development from 1990 to 2019 in the G-7 panel. The results obtained from the application of the methods of moment quantile regressions reveal that a one-percentage-point increase in political globalization yields a significant enhancement in sustainable development, ranging from 0.015 to 0.017% across the 10th to 90th quantiles. Contrarily, sustainable development exhibits a decline within the range of 0.025 to 0.028% across the 10th to 90th quantiles, on account of a 1% increase in social globalization. Likewise, militarization hampers sustainable development with a slightly increasing effect from the 10th to 90th quantiles. Gross fixed capital formation decreases sustainable development while the relationship between democracy and sustainable development indicates a negative correlation, which has not achieved statistical significance across the majority of quantiles. These novel outcomes are also verified by using some other regression tests. Subsequently, a detailed policy framework is presented for the purpose of fostering sustainable growth within the G-7 group.
可持续发展可以通过缓解不可持续的生产和消费实践来促进环境可持续性和人类福利，是一个催化剂。政治全球化在增强全球环境治理方面不可或缺。此外，社会全球化、军事化和民主也会影响可持续发展。鉴于先前研究中这些关键变量对可持续发展的影响被忽视，本研究在 G7 面板中调查了政治全球化、军事化、社会全球化和民主对 1990 年至 2019 年可持续发展的异质影响。应用矩分位数回归方法的结果表明，政治全球化每增加 1%，可持续发展就会显著提高，在第 10 到 90 分位数之间提高 0.015%至 0.017%。相反，由于社会全球化增加 1%，可持续发展在第 10 到 90 分位数之间下降了 0.025%至 0.028%。同样，军事化对可持续发展产生了一定的阻碍作用，影响程度从第 10 分位数到第 90 分位数逐渐增加。固定资本形成总额降低了可持续发展水平，而民主与可持续发展之间的关系呈负相关，但在大多数分位数上都没有达到统计学意义。通过使用其他一些回归检验，也验证了这些新的结果。随后，为 G7 集团内的可持续增长提出了一个详细的政策框架。
