IDEAS home Printed from https://ideas.repec.org/a/cbu/jrnlec/y2023v6iip6-23.html
   My bibliography  Save this article

Sustainable Development'S Impact On Gdp Per Capita In European Countries

Author

Listed:
  • IUGA IULIA CRISTINA

    (1 DECEMBRIE 1918 UNIVERSITY OF ALBA IULIA, FACULTY OF ECONOMICS, ROMANIA)

  • LAZEA RUXANDRA

    (1 DECEMBRIE 1918 UNIVERSITY OF ALBA IULIA, FACULTY OF ECONOMICS, ROMANIA)

Abstract

United Nations Member States adopted the Sustainable Development Goals (SDGs) in autumn 2015. The SDGs are a series of 17 goals, each one including several targets and indicators. This paper implies that the evolution of GDP per capita is influenced by many indicators, which have already been analysed in various scientific studies. In this research, the authors focused primarily on the influence of indicators in the SDG4 and SDG8 groups to evolution of GDP per capita in EU member countries. The purpose of the article is to identify whether SDGs indicators have a significant influence on the evolution of GDP per capita in EU member countries and to develop models dividing countries into two groups: euro area countries and non-euro countries. Our study covers all EU member states during the period 2008-2021. The results of the study are multiple: we note that in all three models there is no change in the independent variables behaviour (in terms of signs + or -) in the long term; the influence of the variables chosen in our model is significant in all 3 models, explained by very high value of R-squared; EU-19 group represents dominant group in EU-27; it is noted that in all three models there is an inverse correlation between the NULCG and the GDP per capita; of all the determinants analysed, ELEd (which has the lowest negative value) and ER (which has the highest positive value) overwhelmingly influence GDP per capita.

Suggested Citation

  • Iuga Iulia Cristina & Lazea Ruxandra, 2023. "Sustainable Development'S Impact On Gdp Per Capita In European Countries," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 6, pages 6-23, December.
    • Handle: RePEc:cbu:jrnlec:y:2023:v:6ii:p:6-23
    as

    Download full text from publisher

    File URL: https://www.utgjiu.ro/revista/ec/pdf/2023-06%20Volumul%20II/01_iuga.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cbu:jrnlec:y:2023:v:6ii:p:6-23. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ecobici Nicolae (email available below). General contact details of provider: https://edirc.repec.org/data/fetgjro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.