{"title":"通过结构转型实现可持续发展：经济、社会和环境进步之路","authors":"Lingfu Kong, Emrah Sofuoğlu, Balogun Daud Ishola, Shujaat Abbas, Qingran Guo, Khurshid Khudoykulov","doi":"10.1007/s10644-024-09583-3","DOIUrl":null,"url":null,"abstract":"<p>Over the last several decades, environmental sustainability along with social as well as economic growth has been given key importance due to the pressure it imposes on an economy. Therefore, to achieve these three goals together, the world now advances toward attaining sustainable development agenda signed in 2015. The objective of this study is to scrutinize the impact of structural transformation (STR) on socioeconomic and environmental progress captured by sustainable development (SDI) for a global sample of 122 countries. We consider the period from 2000 to 2019 and employ two-step system GMM methodology to take endogeneity into account which might exist between STR and SDI. In line with the literature of economic growth and STR, we include other variables such as corruption, population growth, government consumption and investment. The results from the two-step system GMM suggest that STR positively affects socioeconomic and environmental progress. We also consider the countries according to World Bank income classifications and K means clustering based on the value of STR. For low, upper middle-income and high-income sample, we find that STR positively affects socioeconomic and environmental progress, while it has no significant impact on such progress for lower middle-income category. Having stable structural transformation benefits the economy, society and environment, while unstable structural transformation is not beneficial. Based on the results, policy directions are suggested for the full sample as well as for the subsamples in order to achieve sustainability in all the sectors.</p>","PeriodicalId":46127,"journal":{"name":"Economic Change and Restructuring","volume":"10 1","pages":""},"PeriodicalIF":4.0000,"publicationDate":"2024-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Sustainable development through structural transformation: a pathway to economic, social, and environmental progress\",\"authors\":\"Lingfu Kong, Emrah Sofuoğlu, Balogun Daud Ishola, Shujaat Abbas, Qingran Guo, Khurshid Khudoykulov\",\"doi\":\"10.1007/s10644-024-09583-3\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<p>Over the last several decades, environmental sustainability along with social as well as economic growth has been given key importance due to the pressure it imposes on an economy. Therefore, to achieve these three goals together, the world now advances toward attaining sustainable development agenda signed in 2015. The objective of this study is to scrutinize the impact of structural transformation (STR) on socioeconomic and environmental progress captured by sustainable development (SDI) for a global sample of 122 countries. We consider the period from 2000 to 2019 and employ two-step system GMM methodology to take endogeneity into account which might exist between STR and SDI. In line with the literature of economic growth and STR, we include other variables such as corruption, population growth, government consumption and investment. The results from the two-step system GMM suggest that STR positively affects socioeconomic and environmental progress. We also consider the countries according to World Bank income classifications and K means clustering based on the value of STR. For low, upper middle-income and high-income sample, we find that STR positively affects socioeconomic and environmental progress, while it has no significant impact on such progress for lower middle-income category. Having stable structural transformation benefits the economy, society and environment, while unstable structural transformation is not beneficial. Based on the results, policy directions are suggested for the full sample as well as for the subsamples in order to achieve sustainability in all the sectors.</p>\",\"PeriodicalId\":46127,\"journal\":{\"name\":\"Economic Change and Restructuring\",\"volume\":\"10 1\",\"pages\":\"\"},\"PeriodicalIF\":4.0000,\"publicationDate\":\"2024-02-07\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Economic Change and Restructuring\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://doi.org/10.1007/s10644-024-09583-3\",\"RegionNum\":3,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economic Change and Restructuring","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1007/s10644-024-09583-3","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
Sustainable development through structural transformation: a pathway to economic, social, and environmental progress
Over the last several decades, environmental sustainability along with social as well as economic growth has been given key importance due to the pressure it imposes on an economy. Therefore, to achieve these three goals together, the world now advances toward attaining sustainable development agenda signed in 2015. The objective of this study is to scrutinize the impact of structural transformation (STR) on socioeconomic and environmental progress captured by sustainable development (SDI) for a global sample of 122 countries. We consider the period from 2000 to 2019 and employ two-step system GMM methodology to take endogeneity into account which might exist between STR and SDI. In line with the literature of economic growth and STR, we include other variables such as corruption, population growth, government consumption and investment. The results from the two-step system GMM suggest that STR positively affects socioeconomic and environmental progress. We also consider the countries according to World Bank income classifications and K means clustering based on the value of STR. For low, upper middle-income and high-income sample, we find that STR positively affects socioeconomic and environmental progress, while it has no significant impact on such progress for lower middle-income category. Having stable structural transformation benefits the economy, society and environment, while unstable structural transformation is not beneficial. Based on the results, policy directions are suggested for the full sample as well as for the subsamples in order to achieve sustainability in all the sectors.
期刊介绍：
Economic Change and Restructuring has been accepted for SSCI and will get its first Impact Factor in 2020!Since the early 1990s fundamental changes in the world economy, under the auspices of increasing globalisation, have taken place
On one hand, the disappearance of the centrally planned economies and the progressive formation of market-oriented economies, have brought about countless systematic changes, where new economic structures, institutions, competences and skills involve complex processes, changes which are still underway and which necessitate adaptation and restructuring to form competitive market economies.
On the other hand, many developing economies are making great strides as regards economic reform and liberalisation, and are emerging as new global players. They show an innovative capacity to position themselves in the global economy and to compete with industrialised countries, which are generally believed to be witnessing the rapid erosion of their established positions. These developments are accompanied by the exacerbation of the world competition.
Both processes involve transition and the emerging economies, in searching for a new role and scope for public policies and for a new balance between public and private partnership, seem to currently be converging, especially with respect to the policies needed to create appropriate and effective market institutions and integrated reform policies, and to increase the standards of the population''s education levels.
Thus, liberalisation and development policies, in attempting to strike a difficult balance between social and environmental needs, must be integrated more coherently. This complexity calls for new analytical and empirical approaches that can explain these new phenomena, which often go beyond the over-simplified facts and conventional ''wisdom'' that emerged at the start of the transition in the early 1990s.
Economic Change and Restructuring (formerly ''Economics of Planning''), by keeping abreast of developments affecting both transitional and emerging economies, is aimed to attract original empirical and policy analysis contributions that are focused on various issues, including macroeconomic analysis, fiscal issues, finance and banking, industrial and trade development, and regional and local development issues.
The journal aspires to publish cutting edge research and to serve as a forum for economists and policymakers working in these fields.Officially cited as: Econ Change Restruct
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