Exploring the Influence of Three Dimensions of Sustainable Development Goals on Economic Growth: An Evidence from Selected SAARC Countries

Abdul Shakoor () and Roohi Ahmed
Additional contact information
Abdul Shakoor: University of Karachi, Sindh, Pakistan
Roohi Ahmed: University of Karachi, Sindh, Pakistan

Journal of Economic Development, 2024, vol. 49, issue 3, 149-175

Abstract: The Sustainable Development Goals include three essential dimensions of sustainable development: economic, social, and environmental. These three dimensions of the SDGs are interconnected and essential for achieving sustainable development that addresses economic, social, and environmental challenges. These objectives intend to balance sustainable development's aspects. Sustainable economic growth can only happen if all three dimensions of the SDGs are attained. The study used the Panel ARDL PMG method to investigate the relationship between three SDGs dimensions and economic growth (GDPGRO) in SAARC countries from 2000 to 2020. The study found that economic sustainable development goals have positive relationship with economic growth (GDPGRO). On the other hand, there is negative relationship between environmental and social sustainable development goals with economic growth, the findings suggest that policies aimed at promoting sustainable development should take into account the specific context of each country and the interplay between different dimensions of SDGs with economic growth

Keywords: Economic SDGs; Environmental SDGs; Social SDGs; Economic Growth; ARDL PMG; SAARC Countries (search for similar items in EconPapers)
JEL-codes: O10 Q01 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://jed.cau.ac.kr/archives/49-3/49-3-3.pdf Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:jecdev:0097

Access Statistics for this article

Journal of Economic Development is currently edited by Sung Y. Park

More articles in Journal of Economic Development from The Economic Research Institute, Chung-Ang University Room 1040, Building 310, Chung-Ang University, 84 Heukseok-ro, Dongjak-gu, Seoul 06974, South Korea. Contact information at EDIRC.
Bibliographic data for series maintained by Tram Nguyen ().