Nexus of regional integration, socioeconomic determinants and sustainable development in belt and road initiative countries.

This study evaluates the nexus of regional integration, socioeconomic determinants and sustainable development (SD) by investigating the effect of health, humans and age structure on sustainable development, with the regional integration (RI) as the moderating variable. Socioeconomic determinants ha...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	Atta Ullah, Chen Pinglu, Saif Ullah, Shujahat Haider Hashmi
Formato:	article
Lenguaje:	EN
Publicado:	Public Library of Science (PLoS) 2021
Materias:	Medicine R Science Q
Acceso en línea:	https://doaj.org/article/9e09d98b66594dd286f6001e2752896d
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:9e09d98b66594dd286f6001e2752896d
record_format	dspace
spelling	oai:doaj.org-article:9e09d98b66594dd286f6001e2752896d2021-12-02T20:09:19ZNexus of regional integration, socioeconomic determinants and sustainable development in belt and road initiative countries.1932-620310.1371/journal.pone.0254298https://doaj.org/article/9e09d98b66594dd286f6001e2752896d2021-01-01T00:00:00Zhttps://doi.org/10.1371/journal.pone.0254298https://doaj.org/toc/1932-6203This study evaluates the nexus of regional integration, socioeconomic determinants and sustainable development (SD) by investigating the effect of health, humans and age structure on sustainable development, with the regional integration (RI) as the moderating variable. Socioeconomic determinants have an important role in sustainable development, while regional integration has fueled up the development process. The sample is based on 64 Belt and Road (BRI) countries from 2003-2018. Pair-wise correlation results indicate that human development, health expenditure and age structure showed a positive relationship with sustainable development. Two-step System-GMM direct effect outcomes are mixed and reveal that human development, health expenditure per capita, age structure, governance index and population size have a positive impact on sustainable development. On the other hand, e-government, government size, and globalization showed negative effects on SD. Apart from that, the moderating channel of regional integration (RI), interaction term with human development and health expenditure, showed a significant and positive impact on sustainable development. However, age structure interaction with regional integration showed a negative impact on SD. Other socio-economic factors, i.e., governance index and population contribute positively towards SD. It can be concluded that the dynamic nature of sustainable development is positive and the net present value is increasing. Therefore, BRI countries are on the sustainable path from 2003-2018, as suggested by economic and social welfare theory. The integration of BRI can be labeled as an entrance to successful sustainable development. However, weak e-government systems, globalization and government resources need to be utilized amicably in Belt and Road countries. Driscoll-Kraay standard-errors regression confirmed and validated the two-step System-GMM results. The findings of the current research have important policy implications for balanced and sustainable growth.Atta UllahChen PingluSaif UllahShujahat Haider HashmiPublic Library of Science (PLoS)articleMedicineRScienceQENPLoS ONE, Vol 16, Iss 7, p e0254298 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Medicine R Science Q
spellingShingle	Medicine R Science Q Atta Ullah Chen Pinglu Saif Ullah Shujahat Haider Hashmi Nexus of regional integration, socioeconomic determinants and sustainable development in belt and road initiative countries.
description	This study evaluates the nexus of regional integration, socioeconomic determinants and sustainable development (SD) by investigating the effect of health, humans and age structure on sustainable development, with the regional integration (RI) as the moderating variable. Socioeconomic determinants have an important role in sustainable development, while regional integration has fueled up the development process. The sample is based on 64 Belt and Road (BRI) countries from 2003-2018. Pair-wise correlation results indicate that human development, health expenditure and age structure showed a positive relationship with sustainable development. Two-step System-GMM direct effect outcomes are mixed and reveal that human development, health expenditure per capita, age structure, governance index and population size have a positive impact on sustainable development. On the other hand, e-government, government size, and globalization showed negative effects on SD. Apart from that, the moderating channel of regional integration (RI), interaction term with human development and health expenditure, showed a significant and positive impact on sustainable development. However, age structure interaction with regional integration showed a negative impact on SD. Other socio-economic factors, i.e., governance index and population contribute positively towards SD. It can be concluded that the dynamic nature of sustainable development is positive and the net present value is increasing. Therefore, BRI countries are on the sustainable path from 2003-2018, as suggested by economic and social welfare theory. The integration of BRI can be labeled as an entrance to successful sustainable development. However, weak e-government systems, globalization and government resources need to be utilized amicably in Belt and Road countries. Driscoll-Kraay standard-errors regression confirmed and validated the two-step System-GMM results. The findings of the current research have important policy implications for balanced and sustainable growth.
format	article
author	Atta Ullah Chen Pinglu Saif Ullah Shujahat Haider Hashmi
author_facet	Atta Ullah Chen Pinglu Saif Ullah Shujahat Haider Hashmi
author_sort	Atta Ullah
title	Nexus of regional integration, socioeconomic determinants and sustainable development in belt and road initiative countries.
title_short	Nexus of regional integration, socioeconomic determinants and sustainable development in belt and road initiative countries.
title_full	Nexus of regional integration, socioeconomic determinants and sustainable development in belt and road initiative countries.
title_fullStr	Nexus of regional integration, socioeconomic determinants and sustainable development in belt and road initiative countries.
title_full_unstemmed	Nexus of regional integration, socioeconomic determinants and sustainable development in belt and road initiative countries.
title_sort	nexus of regional integration, socioeconomic determinants and sustainable development in belt and road initiative countries.
publisher	Public Library of Science (PLoS)
publishDate	2021
url	https://doaj.org/article/9e09d98b66594dd286f6001e2752896d
work_keys_str_mv	AT attaullah nexusofregionalintegrationsocioeconomicdeterminantsandsustainabledevelopmentinbeltandroadinitiativecountries AT chenpinglu nexusofregionalintegrationsocioeconomicdeterminantsandsustainabledevelopmentinbeltandroadinitiativecountries AT saifullah nexusofregionalintegrationsocioeconomicdeterminantsandsustainabledevelopmentinbeltandroadinitiativecountries AT shujahathaiderhashmi nexusofregionalintegrationsocioeconomicdeterminantsandsustainabledevelopmentinbeltandroadinitiativecountries
_version_	1718375080663187456

Nexus of regional integration, socioeconomic determinants and sustainable development in belt and road initiative countries.

Ejemplares similares