IDEAS home Printed from https://ideas.repec.org/a/eee/tefoso/v198y2024ics0040162523006625.html
   My bibliography  Save this article

Causal analysis of SDG achievements

Author

Listed:
  • Yu, Tiffany Hui-Kuang
  • Huarng, Kun-Huang

Abstract

The United Nations Sustainable Development Goals (SDGs) set common targets for countries all over the world for their economy and society. This research uses popular indices as antecedents (independent variables) to analyze the causal complexity of SDG achievements (outcome or dependent variable). For the antecedents, Inclusive Internet Index measures digital technology, Corruption Perception Index measures transparency and integrity, Global Innovation Index measures innovation, Global Entrepreneurship Monitor measures entrepreneurship, GDP measures economic growth, and Global Findex measures financial technology (fintech). It takes fuzzy set/Qualitative Comparative Analysis (fsQCA) as the research method and applies it to data spanning the years 2020 (30 common countries) and 2021 (28 common countries), respectively. The results show multiple relationships for both 2020 and 2021, and each relationship consists of multiple antecedents. In addition, the causal relationships of the two calendar years appear similar. Implications are discussed herein, and following the research results, countries with different competitive advantages can choose the proper causal relationship to facilitate their own SDG achievements.

Suggested Citation

  • Yu, Tiffany Hui-Kuang & Huarng, Kun-Huang, 2024. "Causal analysis of SDG achievements," Technological Forecasting and Social Change, Elsevier, vol. 198(C).
    • Handle: RePEc:eee:tefoso:v:198:y:2024:i:c:s0040162523006625
    DOI: 10.1016/j.techfore.2023.122977
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0040162523006625
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.techfore.2023.122977?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Meek, William R. & Pacheco, Desirée F. & York, Jeffrey G., 2010. "The impact of social norms on entrepreneurial action: Evidence from the environmental entrepreneurship context," Journal of Business Venturing, Elsevier, vol. 25(5), pages 493-509, September.
    2. Mohammad Falahat & Yan-Yin Lee & Pedro Soto-Acosta & T. Ramayah, 2021. "Entrepreneurial, market, learning and networking orientations as determinants of business capability and international performance: the contingent role of government support," International Entrepreneurship and Management Journal, Springer, vol. 17(4), pages 1759-1780, December.
    3. Banna, Hasanul & Kabir Hassan, M. & Rashid, Mamunur, 2021. "Fintech-based financial inclusion and bank risk-taking: Evidence from OIC countries," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 75(C).
    4. de Villiers, Charl & Kuruppu, Sanjaya & Dissanayake, Dinithi, 2021. "A (new) role for business – Promoting the United Nations’ Sustainable Development Goals through the internet-of-things and blockchain technology," Journal of Business Research, Elsevier, vol. 131(C), pages 598-609.
    5. Yu, Tiffany Hui-Kuang & Huarng, Kun-Huang & Lai, Yun Ting, 2021. "Configural analysis of innovation for exploring economic growth," Technological Forecasting and Social Change, Elsevier, vol. 172(C).
    6. Dollar, David & Kleineberg, Tatjana & Kraay, Aart, 2016. "Growth still is good for the poor," European Economic Review, Elsevier, vol. 81(C), pages 68-85.
    7. Arvind K. Jain, 2011. "Corruption: Theory, Evidence and Policy," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 9(02), pages 3-9, July.
    8. Ragin, Charles C., 2000. "Fuzzy-Set Social Science," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226702773.
    9. Zoltan J. Acs & Attila Varga, 2008. "Entrepreneurship, Agglomeration and Technological Change," Chapters, in: Entrepreneurship, Growth and Public Policy, chapter 24, pages 341-352, Edward Elgar Publishing.
    10. Désiré Kanga & Christine Oughton & Laurence Harris & Victor Murinde, 2022. "The diffusion of fintech, financial inclusion and income per capita," The European Journal of Finance, Taylor & Francis Journals, vol. 28(1), pages 108-136, January.
    11. Lorenza Campagnolo & Carlo Carraro & Fabio Eboli & Luca Farnia, 2015. "Assessing SDGs: A New Methodology to Measure Sustainability," Working Papers 2015.89, Fondazione Eni Enrico Mattei.
    12. Crespo, Nuno Fernandes & Crespo, Cátia Fernandes, 2016. "Global innovation index: Moving beyond the absolute value of ranking with a fuzzy-set analysis," Journal of Business Research, Elsevier, vol. 69(11), pages 5265-5271.
    13. Sachs,Jeffrey & Kroll,Christian & Lafortune,Guillame & Fuller,Grayson & Woelm,Finn, 2021. "Sustainable Development Report 2021," Cambridge Books, Cambridge University Press, number 9781009098915, January.
    14. André Stel & Martin Carree & Roy Thurik, 2005. "The Effect of Entrepreneurial Activity on National Economic Growth," Small Business Economics, Springer, vol. 24(3), pages 311-321, February.
    15. Yu, Tiffany Hui-Kuang & Huarng, Kun-Huang & Huang, Duen-Huang, 2021. "Causal complexity analysis of the Global Innovation Index," Journal of Business Research, Elsevier, vol. 137(C), pages 39-45.
    16. Sachs,Jeffrey D. & Kroll,Christian & Lafortune,Guillame & Fuller,Grayson & Woelm,Finn, 2022. "Sustainable Development Report 2022," Cambridge Books, Cambridge University Press, number 9781009210089, January.
    17. Md. Nur Alam Siddik & Sajal Kabiraj, 2020. "Digital Finance for Financial Inclusion and Inclusive Growth," Springer Books, in: Babu George & Justin Paul (ed.), Digital Transformation in Business and Society, chapter 0, pages 155-168, Springer.
    18. Poh Wong & Yuen Ho & Erkko Autio, 2005. "Entrepreneurship, Innovation and Economic Growth: Evidence from GEM data," Small Business Economics, Springer, vol. 24(3), pages 335-350, January.
    19. Arvind K. Jain, 2011. "Corruption: Theory, Evidence and Policy," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 9(2), pages 3-9, 07.
    20. Walsh, P.P. & Murphy, E. & Horan, D., 2020. "The role of science, technology and innovation in the UN 2030 agenda," Technological Forecasting and Social Change, Elsevier, vol. 154(C).
    21. Ferguson, Graham & Megehee, Carol M. & Woodside, Arch G., 2018. "Applying asymmetric, case-based, forecasting modeling in service research: Cultures’ consequences on customers’ service gratuities," Australasian marketing journal, Elsevier, vol. 26(4), pages 369-381.
    22. Ayse Demir & Vanesa Pesqué-Cela & Yener Altunbas & Victor Murinde, 2022. "Fintech, financial inclusion and income inequality: a quantile regression approach," The European Journal of Finance, Taylor & Francis Journals, vol. 28(1), pages 86-107, January.
    23. Suborna Barua, 2021. "Human Capital, Economic Growth, and Sustainable Development Goals: An Evaluation of Emerging Economies," Springer Books, in: Muhammad Shahbaz & Muhammad Shujaat Mubarik & Tarique Mahmood (ed.), The Dynamics of Intellectual Capital in Current Era, pages 129-148, Springer.
    24. Wu, Pei-Ling & Yeh, Shih-Shuo & Huan, Tzung-Cheng (.T.C.). & Woodside, Arch G., 2014. "Applying complexity theory to deepen service dominant logic: Configural analysis of customer experience-and-outcome assessments of professional services for personal transformations," Journal of Business Research, Elsevier, vol. 67(8), pages 1647-1670.
    25. Huarng, Kun-Huang & Yu, Tiffany Hui-Kuang, 2022. "Analysis of Global Innovation Index by structural qualitative association," Technological Forecasting and Social Change, Elsevier, vol. 182(C).
    26. repec:ces:ifodic:v:9:y:2011:i:2:p:16132588 is not listed on IDEAS
    27. Kun-Huang Huarng, 2018. "Entrepreneurship for Long-term Care in Sharing Economy," International Entrepreneurship and Management Journal, Springer, vol. 14(1), pages 97-104, March.
    28. Pappas, Ilias O. & Woodside, Arch G., 2021. "Fuzzy-set Qualitative Comparative Analysis (fsQCA): Guidelines for research practice in Information Systems and marketing," International Journal of Information Management, Elsevier, vol. 58(C).
    29. Fahmi Ali Hudaefi, 2020. "How does Islamic fintech promote the SDGs? Qualitative evidence from Indonesia," Qualitative Research in Financial Markets, Emerald Group Publishing Limited, vol. 12(4), pages 353-366, March.
    30. Zheng Guang‐Wen & Muntasir Murshed & Abu Bakkar Siddik & Md Shabbir Alam & Daniel Balsalobre‐Lorente & Haider Mahmood, 2023. "Achieving the objectives of the 2030 sustainable development goals agenda: Causalities between economic growth, environmental sustainability, financial development, and renewable energy consumption," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(2), pages 680-697, April.
    31. Michael A. Sartor & Paul W. Beamish, 2020. "Private Sector Corruption, Public Sector Corruption and the Organizational Structure of Foreign Subsidiaries," Journal of Business Ethics, Springer, vol. 167(4), pages 725-744, December.
    32. repec:ucp:bkecon:9780226702766 is not listed on IDEAS
    33. Daniela Gabor & Sally Brooks, 2017. "The digital revolution in financial inclusion: international development in the fintech era," New Political Economy, Taylor & Francis Journals, vol. 22(4), pages 423-436, July.
    34. Sachs,Jeffrey & Kroll,Christian & Lafortune,Guillame & Fuller,Grayson & Woelm,Finn, 2021. "Sustainable Development Report 2021," Cambridge Books, Cambridge University Press, number 9781009102896, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Huarng, Kun-Huang & Yu, Tiffany Hui-Kuang, 2022. "Causal complexity analysis for fintech adoption at the country level," Journal of Business Research, Elsevier, vol. 153(C), pages 228-234.
    2. Vasist, Pramukh Nanjundaswamy & Krishnan, Satish, 2024. "Powered by innovation, derailed by disinformation: A multi-country analysis of the influence of online political disinformation on nations' innovation performance," Technological Forecasting and Social Change, Elsevier, vol. 199(C).
    3. Yu, Tiffany Hui-Kuang & Huarng, Kun-Huang, 2023. "Configural analysis of GII’s internal structure," Journal of Business Research, Elsevier, vol. 154(C).
    4. Bigerna, Simona & D'Errico, Maria Chiara & Polinori, Paolo, 2022. "Understanding the green-growth: which pathways cities undertake in their climate programs," MPRA Paper 114156, University Library of Munich, Germany.
    5. Foguesatto, Cristian Rogério & Righi, Marcelo Brutti & Müller, Fernanda Maria, 2024. "Is there a dark side to financial inclusion? Understanding the relationship between financial inclusion and market risk," The North American Journal of Economics and Finance, Elsevier, vol. 72(C).
    6. Folorunsho M. Ajide & James T. Dada, 2023. "Poverty, entrepreneurship, and economic growth in Africa," Poverty & Public Policy, John Wiley & Sons, vol. 15(2), pages 199-226, June.
    7. Cousté Philippe Emmanuel & Su Qin & Syed Far Abid Hossain & Md. Rashed, 2024. "Exploring the Impact of Device System Quality on Mobile Shopping Adoption among University Students: Symmetrical and Asymmetrical Approaches," SAGE Open, , vol. 14(2), pages 21582440241, June.
    8. Dang, Hai Anh H. & Jolliffe, Dean & Serajuddin, Umar & Stacy, Brian, 2024. "Country statistical capacity: a recent assessment tool and further reflections on the way forward," LSE Research Online Documents on Economics 124060, London School of Economics and Political Science, LSE Library.
    9. Pekka Stenholm & Zoltán J. Ács & Robert Wuebker, 2015. "Exploring country-level institutional arrangements on the rate and type of entrepreneurial activity," Chapters, in: Global Entrepreneurship, Institutions and Incentives, chapter 20, pages 387-404, Edward Elgar Publishing.
    10. Jianing Xu & Weidong Li, 2022. "The Impact of the Digital Economy on Innovation: New Evidence from Panel Threshold Model," Sustainability, MDPI, vol. 14(22), pages 1-19, November.
    11. Lars Speckemeier & Dimitrios Tsivrikos, 2022. "Green Entrepreneurship: Should Legislators Invest in the Formation of Sustainable Hubs?," Sustainability, MDPI, vol. 14(12), pages 1-26, June.
    12. Ovidiu Stoica & Angela Roman & Valentina Diana Rusu, 2020. "The Nexus between Entrepreneurship and Economic Growth: A Comparative Analysis on Groups of Countries," Sustainability, MDPI, vol. 12(3), pages 1-19, February.
    13. Nurmalia & Djoni Hartono & Irfani Fithria Ummul Muzayanah, 2020. "The Roles of Entrepreneurship on Regional Economic Growth in Indonesia," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(1), pages 28-41, March.
    14. Adugna, Hailu, 2024. "Fintech dividend: How would digital financial services impact income inequality across countries?," Technology in Society, Elsevier, vol. 77(C).
    15. Ignacio Munyo & Leonardo Veiga, 2024. "Entrepreneurship and Economic Growth," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 319-336, March.
    16. José González-Pernía & Iñaki Peña-Legazkue & Ferran Vendrell-Herrero, 2012. "Innovation, entrepreneurial activity and competitiveness at a sub-national level," Small Business Economics, Springer, vol. 39(3), pages 561-574, October.
    17. David Horan, 2022. "Towards a Portfolio Approach: Partnerships for Sustainable Transformations," Global Policy, London School of Economics and Political Science, vol. 13(1), pages 160-170, February.
    18. Patricia Urban & Markus Hametner, 2022. "The Economy–Environment Nexus: Sustainable Development Goals Interlinkages in Austria," Sustainability, MDPI, vol. 14(19), pages 1-25, September.
    19. Rolf Sternberg & Sander Wennekers, 2005. "Determinants and Effects of New Business Creation Using Global Entrepreneurship Monitor Data," Small Business Economics, Springer, vol. 24(3), pages 193-203, January.
    20. Confraria, Hugo & Ciarli, Tommaso & Noyons, Ed, 2024. "Countries' research priorities in relation to the Sustainable Development Goals," Research Policy, Elsevier, vol. 53(3).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:tefoso:v:198:y:2024:i:c:s0040162523006625. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.sciencedirect.com/science/journal/00401625 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.