Estimation of economic, environmental, and social efficiency for sustainable development in G-8 and SAARC countries: a data envelopment analysis

Ali, Qamar; Anwar, Sofia; Khan, Muhammad Tariq Iqbal; Yaseen, Muhammad; Ashfaq, Muhammad

doi:10.1007/s11356-022-23894-w

Cited by 6 publications

(4 citation statements)

References 121 publications

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“…Additionally, within the context of G8 countries and with the aid of the Vector Auto Regression (VAR) model and penal regression, it has been concluded that there has been a positive and significant relationship between innovation and economic growth over the last 2 decades [59]. Such a fact can also be considered in order to support the outcomes of several previous studies that handled critical sustainable development aspects in G8 countries such as research and innovation [60], efficiency estimation [61], International Energy Agency (IEA) policies [62], financing development [63], and the effect of foreign direct investment, technological innovation, and financial development on CO 2 emission [64].…”

Section: Resultsmentioning

confidence: 96%

The Innovation-Based Human Development Index Using PROMETHEE II: The Context of G8 Countries

Tunsi

Alidrisi

2023

Sustainability

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The current Human Development Index (HDI) has a promising potential to consider further dimensions, the technological dimensions in specific, in order to absorb various innovational aspects whenever human development is to be benchmarked among countries. Hence, the innovation-based HDI was developed herein using one of the well-known Multi-Criteria Decision Making (MCDM) techniques: the Preference Ranking Organization Method for Enrichment of Evaluations II (PROMETHEE II) considering a mixture of technological criteria, including the Global Innovation Index (GII) itself. The G8 countries, as leading countries worldwide, were investigated in this regard in order to attain such a benchmarking attempt. The model was formulated using seven criteria selected from the World Bank (WB) Open Data (such as High-technology exports as a percentage of manufactured exports, Research and development (R&D) expenditure as a percentage of GDP, and Trademark applications, …, etc.) along with the GII, for the purpose of conducting an MCDM-based evaluation model for the G8 countries. The results of the developed index affirm that the ranking of the G8 countries has distinctly been changed as a consequence of considering technological and innovational aspects, compared to the original HDI (i.e., USA +4—from 5th to 1st; Canada −4, from 2nd to 6th). By utilizing MCDM methods (including PROMETHEE II), this paper also affirms that an infinite number of indexes can be developed in the future by employing a huge number of WB indicators with respect to various MCDM approaches. Hence, international communities are in need of setting up commonly accepted guidelines in order to facilitate having a unified prioritization (i.e., unified preference) regarding the potential criteria and/or indicators to be considered globally for better sustainable development.

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Section: Resultsmentioning

confidence: 96%

The Innovation-Based Human Development Index Using PROMETHEE II: The Context of G8 Countries

Tunsi

Alidrisi

2023

Sustainability

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“…This research will deal with annual time series data from 2000 to 2021 to determine the association of greenhouse gas emissions with renewable energy, foreign direct investment, total population, and trade. This research is related to G-8 countries listed as Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, and Russia [ 18 , 19 ]. This research is based on secondary data and data mining of the selected set of variables has been done through the World Development Indicator [ 44 ].…”

Section: Data Details and Methodologymentioning

confidence: 99%

“…Ali et al [ 18 ] have explored the three dimensions of sustainable development, i.e., economic, social, and environmental development, by approaching data from 2000 to 2021. A strong heterogeneity was observed in developed (G8) and developing (SAARC) nations by employing input-oriented data development analysis.…”

Section: Literature Reviewmentioning

confidence: 99%

“…The individuality and contribution of this research in existing literature can be justified with different perspectives. This research approached G-8 countries as a sample because these countries are covered almost 40% of the global economy with 25% of global GHG emissions excluding Russia so far [ 18 , 19 ]. The G-8 countries are industrial-based top tier largest high-income countries.…”

Section: Introductionmentioning

confidence: 99%

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Mohsin

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Evaluation mechanism of sustainable development level for the cities in the Yangtze River Economic Belt under the dual-carbon policy

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Estimation of economic, environmental, and social efficiency for sustainable development in G-8 and SAARC countries: a data envelopment analysis

Cited by 6 publications

References 121 publications

The Innovation-Based Human Development Index Using PROMETHEE II: The Context of G8 Countries

The Innovation-Based Human Development Index Using PROMETHEE II: The Context of G8 Countries

Elongating the role of renewable energy and sustainable foreign direct investment on environmental degradation

Evaluation mechanism of sustainable development level for the cities in the Yangtze River Economic Belt under the dual-carbon policy

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