Forestry and Governance as Two Pillars of Sustainable Development: Empirical Verification
| Autor: | Bilal Mehmood, Mohsin Raza, Abida Ramzan |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2022 |
| Předmět: | |
| Zdroj: | Sustainable Business and Society in Emerging Economies, Vol 4, Iss 2 (2022) |
| Druh dokumentu: | article |
| ISSN: | 2708-2504 2708-2172 |
| DOI: | 10.26710/sbsee.v4i2.2421 |
| Popis: | Purpose: One of the most common global concerns is Sustainable development for last three decades. For it, good governance of forestry can play a significant role. Accordingly, current paper empirically analyzes their relationship. Design/Methodology/Approach: An index of Sustainable development is built. Then the data of forest area and governance indicator for period 2005-2019 for 128 countries, is subjected to estimation. In regression analysis, system generalized method of moments (SYS-GMM) is used for dynamic panel data specification, which can cater the issue of endogeneity in micro panels. Additionally, sample is bifurcated into developed countries and developing countries for segregated estimates. Findings: Empirical results reveal positive effect of forestry and effective governance on sustainable development index. Implications/Originality/Value: Recommendations include improving the governance practices and adoption of contemporary forms of forest management. |
| Databáze: | Directory of Open Access Journals |
| Externí odkaz: |
|