2023
DOI: 10.32479/ijeep.14656
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Unveiling the Role of Business Freedom to Determine Environmental Degradation in Developing Countries

Marc Audi,
Amjad Ali

Abstract: Presently, environmental degradation is the prime concern of the world economies as a whole. Following this concern, Sustainable Development Goals designed by the UNDP raise the slogan “Clear Environment for All”. This paper has analyzed the impact of business freedom on environmental degradation in the case of 110 developing countries from 2000 to 2020. Panel least squares and generalized moments methods have been applied to check the impact of explanatory variables on dependent variables. The results show th… Show more

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Cited by 23 publications
(4 citation statements)
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“…The coefficients of labor and capital are highly significant, suggesting a strong positive effect on Economic growth. For positive relationship see (Sani et al 2018;Kala et al 2018;Ashiq et al, 2023;Audi et al, 2024;Tawari, 2024). The variable of export is also highly significant, indicating a robust increase economic growth of Singapore.…”
Section: Results and Interpretationmentioning
confidence: 99%
“…The coefficients of labor and capital are highly significant, suggesting a strong positive effect on Economic growth. For positive relationship see (Sani et al 2018;Kala et al 2018;Ashiq et al, 2023;Audi et al, 2024;Tawari, 2024). The variable of export is also highly significant, indicating a robust increase economic growth of Singapore.…”
Section: Results and Interpretationmentioning
confidence: 99%
“…Kurtmollaiev (2020) offers a concept of dynamic capacities that centers on the processes of establishing, growing, and altering the organizational resource base in relation to the issues of nature and agency. Using the sense-seize-transform paradigm, Torres, Sidorova, and Jones's (2018) research examines the function of business intelligence and analytics (BI&A) in organizations and finds that, as a component of dynamic capabilities, BI&A is positively correlated with firm performance through the mediation of business process change capabilities (Torres, Sidorova, & Jones, 2018;Audi & Ali, 2023). In their 2019 paper, Baía and Ferreira support an indirect dynamics evaluation approach to the dynamic capabilities-performance link, arguing that rather than direct performance increases, dynamic capabilities are mostly responsible for change and intermediary results.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Because of this, there have been five times as weather, climate, and water related disasters over the last 50 years, causing over two million fatalities and US$3.64 trillion in losses("Climate Action and Synergies," n.d.).There are many environmental issues in Pakistan, including deforestation, air pollution, a lack of fresh water, and soil degradation (Barati et al, 2023). In recent years, the country has also endured numerous severe climate-related disasters, such as floods, droughts, and heatwaves (Noor et al, 2023;Audi & Ali, 2023).…”
Section: Introductionmentioning
confidence: 99%