Economic Growth and Sustainable Transition: Investigating Classical and Novel Factors in Developed Countries

Wang, Wei; Wei, Kwok‐Kee; Kubatko, Oleksandr; Piven, Vladyslav; Chortok, Yulija; Derykolenko, Oleksandr Mykolaiovych

doi:10.3390/su151612346

Cited by 5 publications

(1 citation statement)

References 59 publications

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“…Tiutiunyk et al (2022) discovered that food security is significant for ensuring the macroeconomic stability of countries. Economic, environmental, energy, and food security are interrelated and interdependent categories, as undermining one of them entails a chain reaction of negative consequences for others (Wang et al, 2023); therefore, governments must maintain an adequate level of each element of national security to ensure the well-being of society (Romenska et al, 2024).…”

Section: Literature Reviewmentioning

confidence: 99%

Role of government policy in food security: Economic and demographic challenges

Guliyev,

Atashov,

Guliyeva

2024

Problems and Perspectives in Management

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The state policy on food security should take into account economic (e.g., expansion of agricultural production following domestic food demand, exports, and imports) and demographic (e.g., adequacy of food reserves and production capacities of the agrosector to the pace of population growth, considering urbanization, migration, and a culture of rational consumption) challenges. Government policy should maintain the balance between the stability of the food system, economic development, and demographic changes. Therefore, this study aims to identify implicit (hidden) structural and functional relationships between these elements. The paper employs structural modeling using STATISTICA; the dataset consists of six food security, eight economic, and seven demographic indicators (using World Bank and Food and Agriculture Organization databases for 2011–2021, targeting 39 countries with different levels of GDP per capita (depending on the availability of statistical data)). The results proved the direct impact of the economic variable on food security and the indirect effect of the demographic variable (demographic changes are the engine that triggers economic transformations that further affect food security). When demographic changes increase by one unit, economic development increases by 0.57 and stability of the food system by 0.454. When economic development increases by one unit, the stability of the food system increases by 0.473.

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Section: Literature Reviewmentioning

confidence: 99%

Role of government policy in food security: Economic and demographic challenges

Guliyev,

Atashov,

Guliyeva

2024

Problems and Perspectives in Management

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Governmental approaches to food security management: A bibliometric analysis

Guliyev,

Atashov,

Guliyeva

2024

Environmental Economics

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The government’s duty is to guarantee unimpeded access to food. Thus, relevant public policies, individual methods and tools, approaches, and strategic decisions are always the focus of attention of scientists, politicians, and government officials. Recognizing the critical importance of this imperative, this study aims to conduct a bibliometric analysis that sheds light on the scientific landscape of strategic public administration of food security. The paper conducts a bibliometric analysis of scientific publications (using VosViewer – from 1990 to February 2024 using Scopus and WoS scientometric databases); monographs/textbooks (using Google Books and Ngram Viewer – for 1990–2019); and trend analysis (using Google Trends – from 2004 to February 2024). The analysis showed an exponential increase in the number of publications since 2000, with peaks in 2008 (financial crisis), 2019–2020 (COVID-19), and 2023 (threat to food security due to military conflicts). The clustering of scientific papers by content showed that the most significant (red) cluster unites research that links food security to agricultural development, sustainable development, climate change, and water supply. The spatial clustering of scientific publications revealed that scientific leadership belongs to scientists from the United States and China. The largest research funders are Chinese scientific institutions. It also reflected regional differences in research focus. In particular, Italy, Switzerland, and France emphasize agricultural innovation and quality standards, while China and Australia focus on increasing yields and food storage technologies.

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Economic and environmental drivers of renewable energy transition in the EU

Vasa,

Kubatko,

Sotnyk

et al. 2024

Environmental Economics

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The current green agenda, the climate change, and sustainability frameworks are closely linked to the successful transition to renewable energy. The study purpose is to estimate the influence of economic and environmental drivers of renewable energy promotion in the EU-27, using the 2013–2021 data for member states. Breusch and Pagan Lagrangian multiplier test and Hausman specification test were performed to determine the proper model specification. Using random-effects GLS regression for selected data, the study found that the rise in the magnitude of the Land-Ocean Temperature Index by one unit contributes to an increase in renewable energy sources by 10-16 percentage points. The rise in natural gas prices in the EU by USD 10 per MMBtu is associated with an average growth of renewable energy sources by 2.1-2.6 percentage points and three percentage points for growth in renewable electricity. An increase in GDP per capita of USD 1,000 led to an average increase in renewable electricity by 0.2 percentage points. An increase in CO2 per capita by one ton is associated with an average decrease in renewable electricity by 0.85 percentage points. This study proves that the critical point of GDP per capita within the “economic growth/renewable energy” nexus when economic stimulus starts to decline was estimated at USD 121,227-148,623. Thus, for countries that have reached the break-even point in GDP per capita, the incentives for introducing renewable energy sources are reduced when the effect of wealth prevails over the impact of environmental awareness and responsibility. AcknowledgmentsThis paper is supported by a grant “Formation of Economic Mechanisms to Increase Energy Efficiency and Provide Sustainable Development of Renewable Energy in Ukraine’s Households” (No. 0122U001233), funded by the National Research Foundation of Ukraine.

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Economic Growth and Sustainable Transition: Investigating Classical and Novel Factors in Developed Countries

Cited by 5 publications

References 59 publications

Role of government policy in food security: Economic and demographic challenges

Role of government policy in food security: Economic and demographic challenges

Governmental approaches to food security management: A bibliometric analysis

Economic and environmental drivers of renewable energy transition in the EU

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