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Sustainable Development Indicators and Their Relationship to GDP: Evidence from Emerging Economies

Author

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  • Bahram Adrangi

    (Pamplin School of Business Administration, The University of Portland, 5000 N. Willamette Blvd, Portland, OR 97203, USA)

  • Lauren Kerr

    (Pamplin School of Business Administration, The University of Portland, 5000 N. Willamette Blvd, Portland, OR 97203, USA)

Abstract

This paper aims to analyze the metrics the United Nations has set and called the Sustainable Development Goals (SDGs) and their association with the gross domestic product (GDP) in emerging economies. SDGs have been identified to measure healthy development, whereas GDP has historically been used to measure economic health and has been prioritized above many other indicators. This research deploys the feasible generalized least squares (FGLS) and the seemingly unrelated regressions (SUR) on panel data consisting of the five BRIC countries spanning 2000 through 2017 to estimate a regression model that shows the association of SDGs with GDP. The paper concludes that targeting GDP may not lead to achieving overall SDGs.

Suggested Citation

  • Bahram Adrangi & Lauren Kerr, 2022. "Sustainable Development Indicators and Their Relationship to GDP: Evidence from Emerging Economies," Sustainability, MDPI, vol. 14(2), pages 1-13, January.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:2:p:658-:d:719800
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    References listed on IDEAS

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    1. Bahram Adrangi & K. Kathy Dhanda & Ronald Paul Hill, 2004. "A Model of Consumption and Environmental Degradation: Making the case for sustainable consumer behaviour," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 5(3), pages 417-432.
    2. Borgmann, Albert, 2000. "The Moral Complexion of Consumption," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 26(4), pages 418-422, March.
    3. James D Ward & Paul C Sutton & Adrian D Werner & Robert Costanza & Steve H Mohr & Craig T Simmons, 2016. "Is Decoupling GDP Growth from Environmental Impact Possible?," PLOS ONE, Public Library of Science, vol. 11(10), pages 1-14, October.
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    1. Harman Preet Singh & Ajay Singh & Fakhre Alam & Vikas Agrawal, 2022. "Impact of Sustainable Development Goals on Economic Growth in Saudi Arabia: Role of Education and Training," Sustainability, MDPI, vol. 14(21), pages 1-25, October.
    2. Zakari, Abdulrasheed & Khan, Irfan & Tawiah, Vincent & Alvarado, Rafael & Li, Guo, 2022. "The production and consumption of oil in Africa: The environmental implications," Resources Policy, Elsevier, vol. 78(C).
    3. Yu-Xia Tu & Oleksandr Kubatko & Vladyslav Piven & Bohdan Kovalov & Mykola Kharchenko, 2023. "Promotion of Sustainable Development in the EU: Social and Economic Drivers," Sustainability, MDPI, vol. 15(9), pages 1-15, May.
    4. Fan, Ruilin & Zhang, Hanlu & Gao, Yi, 2023. "The global cooperation in asteroid mining based on AHP, entropy and TOPSIS," Applied Mathematics and Computation, Elsevier, vol. 437(C).
    5. Škare, Marinko & Gavurova, Beata & Porada-Rochon, Malgorzata, 2024. "Digitalization and carbon footprint: Building a path to a sustainable economic growth," Technological Forecasting and Social Change, Elsevier, vol. 199(C).

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