Effect of Sustainable Development and Institutional Quality on Growth

• Authors: Wai Mun Har , Mei Chen Sin

Title variants

PL

Wpływ zrównoważonego rozwoju i jakości instytucjonalnej na wzrost gospodarczy

Abstracts

PL

Kwestia związku pomiędzy wdrażaniem polityki zrównoważonego rozwoju oraz jakością instytucjonalną, a wzrostem gospodarczym staje się coraz bardziej paląca w miarę, jak świat dąży do osiągnięcia celów Agendy na rzecz zrównoważonego rozwoju 2030. Artykuł prezentuje wyniki badania relacji pomiędzy zrównoważonym rozwojem, jakością instytucjonalną i wzrostem gospodarczym w 116 krajach, w latach 2012–2021. W przeprowadzonych badaniach zastosowano metodę regresji kwantylowej w celu uchwycenia powiązań w różnych kwantylach wzrostu. Wybrano wspólne kwantyle 15, 25, 50, 75 i 95. W celu odzwierciedlenia holistycznej konceptualizacji i osiągnięć polityki wdrażania celów SDG Organizacji Narodów Zjednoczonych, zastosowano oficjalny Indeks Celów Zrównoważonego Rozwoju (SDG). Wyniki badania wykazały negatywną zależność między zrównoważonym rozwojem a wzrostem gospodarczym, wskazując, że osiągnięcie celów zrównoważonego rozwoju będzie miało negatywny wpływ na wzrost gospodarczy. Zwiększanie ujemnych wartości współczynników od niższych do wyższych kwantyli oznacza zwiększenie kosztu alternatywnego postwzrostu w kierunku zwiększania zrównoważonego rozwoju. Poza tym jakość instytucjonalna nie miała wpływu na wzrost gospodarczy ani bezpośrednio, ani pośrednio. Badanie sugeruje konieczność ponownego przyjrzenia się istniejącym politykom, strukturom instytucjonalnym i strategiom w celu wspierania zgodności między zrównoważonym rozwojem, jakością instytucjonalną i wzrostem gospodarczym.

EN

The issue of compatibility of sustainable development policies, institutional quality, and economic growth gains on importance as the world races towards achieving the 2030 Agenda for Sustainable Development. This paper aims to examine the relationship between sustainable development, institutional quality, and economic growth between the years 2012 and 2021 in 116 countries. The quantile regression method has been employed in this study to capture various relationship nexuses in different quantiles of growth. The common 15th, 25th, 50th, 75th and 95th quantiles have been selected. The official Sustainable Development Goals (SDG) Index is applied to proxy the holistic conceptualization and policy achievement of the United Nation's SDGs. The findings show a negative relationship between sustainable development and economic growth, indicating that achieving sustainable development goals will harm the economic growth. Increasing negative coefficient values from lower to higher quantiles imply increasing opportunity cost of degrowth towards increasing sustainable development. Besides, institutional quality did not affect economic growth, either directly or indirectly. The study suggests the necessity to review the existing policies, institutional structures, and strategies to foster compatibility between sustainable development, institutional quality, and growth.

Keywords

EN

Sustainable Development Goals; Institutional quality; Economic growth; Quantile regression

PL

cele zrównoważonego rozwoju; jakość instytucjonalna; wzrost gospodarczy; regresja kwantylowa

• Publisher: Uniwersytet Kardynała Stefana Wyszyńskiego w Warszawie
• Journal: Studia Ecologiae et Bioethicae
• Year: 2023
• Volume: 21
• Issue: 4
• Pages: 27-40

Dates

published

2023

Contributors

author

Wai Mun Har

• University Tunku Abdul Rahman, Malaysia

• https://orcid.org/0000000222769799

author

Mei Chen Sin

• University Tunku Abdul Rahman, Malaysia

• https://orcid.org/0009000253936673

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Identifiers

DOI

10.21697/seb.2023.23

Biblioteka Nauki

55786011