The effect of sustainable development on economics complexity in oecd countries

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dc.contributor.authorYaprakli, Sevda
dc.contributor.authorÖzden, Erdemalp
dc.date.accessioned2024-10-04T18:58:52Z
dc.date.available2024-10-04T18:58:52Z
dc.date.issued2021
dc.departmentBayburt Üniversitesien_US
dc.description.abstractEconomic complexity showing a holistic measure of countries' economic productive power and characteristics has become a new tool for understanding the dynamics of the economy. Examining the relationship between sustainable development and this new tool is vital in determining new policies. By applying panel data of OECD countries covering different development levels from 1996 to 2017 to a data-driven dynamic econometric model, the research provides fresh insight between sustainable development and economic complexity. The results indicate that economic complexity is significantly affected by sustainable developments’ economic indicators such as GDP, FDI, R&D expenditure, social indicators such as human development, income inequality, and environmental indicators such as production-based CO2 emissions, renewable energy consumption, and greenhouse gas. The research, consequently, suggests that switching to technology and knowledge-based production processes, expanding qualified production factor capacity, raising social living standards, and making investments in the green economy will foster economic complexity while ensuring stable sustainability. © 2021, Hipatia Editorial. All rights reserved.en_US
dc.description.sponsorshipAn Econometric Analysis on OECDen_US
dc.identifier.doi10.17583/RIMCIS.7949
dc.identifier.endpage80en_US
dc.identifier.issn2014-3680
dc.identifier.issue2en_US
dc.identifier.scopus2-s2.0-85113727383en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.startpage51en_US
dc.identifier.urihttps://doi.org/10.17583/RIMCIS.7949
dc.identifier.urihttp://hdl.handle.net/20.500.12403/4065
dc.identifier.volume10en_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherHipatia Editorialen_US
dc.relation.ispartofInternational and Multidisciplinary Journal of Social Sciencesen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectEconomic complexityen_US
dc.subjectOECD countriesen_US
dc.subjectSustainable developmenten_US
dc.subjectSystem GMMen_US
dc.titleThe effect of sustainable development on economics complexity in oecd countriesen_US
dc.title.alternativeEl efecto del desarrollo sostenible en la complejidad económica de los países de la ocdeen_US
dc.typeArticleen_US

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