THE PERCEIVED RELATIONSHIP BETWEEN SUSTAINABLE ENERGY TECHNOLOGIES, ECO-INNOVATION, ECONOMIC GROWTH AND SOCIAL SUSTAINABILITY: EVIDENCE FROM CHINA

IF 4.8 2区经济学 Q1 ECONOMICS Technological and Economic Development of Economy Pub Date : 2024-02-12 DOI:10.3846/tede.2024.20445

Fengsheng Chien, K. Chau, Xiangling Huang

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Abstract

Social sustainability is a global necessity because of environmental and economic uncertainty. This issue needs the foremost solution, and for this purpose, researchers’ and policymakers’ emphasis is required. Thereby, the present paper investigates sustainable energy technologies such as solar and hydroelectric, eco-innovation and EG and their impact on social sustainability in China. The study also used industrialization and inflation as the control variables in the time span of 1981 to 2020. The present study also applied the Dynamic Auto-regressive Distributed Lags (DARDL) model to evaluate the association between the outlined variables. The results indicated that sustainable energy technologies such as solar and hydroelectric, eco-innovation, economic growth, industrialization and inflation are significantly associated with social sustainability in China. The present paper offers standard policies to regulators in making regulations related to maintaining social sustainability by using effective sustainable energy technologies and eco-innovation.

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可持续能源技术、生态创新、经济增长和社会可持续性之间的关系：来自中国的证据

由于环境和经济的不确定性，社会可持续性成为全球的必然选择。这一问题亟待解决，为此需要研究人员和决策者的重视。因此，本文研究了太阳能和水电等可持续能源技术、生态创新和环境治理及其对中国社会可持续发展的影响。本研究还使用工业化和通货膨胀作为 1981 年至 2020 年时间跨度内的控制变量。本研究还采用了动态自回归分布滞后模型（DARDL）来评估概述变量之间的关联。结果表明，太阳能和水电等可持续能源技术、生态创新、经济增长、工业化和通货膨胀与中国的社会可持续发展显著相关。本文为监管机构提供了标准政策，以制定与利用有效的可持续能源技术和生态创新保持社会可持续发展相关的法规。

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来源期刊

Technological and Economic Development of Economy ECONOMICS-

CiteScore

10.00

自引率

8.50%

发文量

审稿时长

15 weeks

期刊介绍： Technological and Economic Development of Economy is a refereed journal that publishes original research and review articles and book reviews. The Journal is designed for publishing articles in the following fields of research: systems for sustainable development, policy on sustainable development, legislation on sustainable development, strategies, approaches and methods for sustainable development, visions and scenarios for the future, education for sustainable development, institutional change and sustainable development, health care and sustainable development, alternative economic paradigms for sustainable development, partnership in the field of sustainable development, industry and sustainable development, sustainable development challenges to business and management, technological changes and sustainable development, social aspects of sustainability, economic dimensions of sustainability, political dimensions of sustainability, innovations, life cycle design and assessment, ethics and sustainability, sustainable design and material selection, assessment of environmental impact, ecology and sustainability, application case studies, best practices, decision making theory, models of operations research, theory and practice of operations research, statistics, optimization, simulation. All papers to be published in Technological and Economic Development of Economy are peer reviewed by two appointed experts. The Journal is published quarterly, in March, June, September and December.