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Current Snapshot of Business Climate and Sustainable Economy. Does AI Play a Crucial Role?

Author

Listed:
  • Hapsari Endras Ayu Novita

    (Faculty of Economics and Business, Universitas Sebelas Maret, Surakarta, Indonesia)

  • Wahyu Widarjo

    (Faculty of Economics and Business, Universitas Sebelas Maret, Surakarta, Indonesia)

Abstract

This study aims to provide an analysis of the business climate on a sustainable economy by considering the effects of AI adoption in the era of global uncertainty (2024). The study obtained data from 50 countries, which were selected based on the specified criteria. The main analysis of this study applied moderation regression analysis, while the additional analysis applied multiple regression analysis. This research uses the EViews 13 application to analyze the data. The main analysis indicates that the business climate has a positive effect on the sustainable economy, and AI does not moderate the influence of the business climate on the sustainable economy. Additional analysis shows consistency that all indicators in the business climate have a positive effect on the sustainable economy. The findings of this study are contributing to the motivation and evaluation of each country to enhance a sustainable economy through the implementation of a stable and supportive business climate, as well as the promotion of the adoption of AI as a catalyst for sustainability in various sectors, specifically business and the economy.

Suggested Citation

Handle: RePEc:alk:jefas0:v:7:y:2025:i:8:id:11706
DOI: 10.32996/jefas.2025.7.8.3
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