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Evaluating Technology Improvement in Sustainable Development Goals by Analysing Financial Development and Energy Consumption in Jordan
2023
Dergi:  
International Journal of Energy Economics and Policy
Yazar:  
Özet:

Abstract Sustainable development has become a crucial goal for policymakers worldwide, with technological progress playing a significant role in achieving this objective. Jordan, a developing country in the Middle East, has been working towards the attainment of Sustainable Development Goals (SDGs) by leveraging technology to promote economic growth while preserving the environment. In this study, we evaluate the impact of technological improvements on SDGs in Jordan by analyzing the relationship between financial development, energy consumption, and economic growth. The analysis covers the period from 1970 to 2021 and employs three econometric techniques, namely the Lee and Strazicich (2013) second-generation econometric approach, the novel Augmented Autoregressive Distributed Lag (AARDL) model, and Frequency Domain Causality (FDC) analysis. The results indicate a positive and significant association between financial development, energy use, and economic growth, with financial development having the strongest impact. Moreover, technological progress plays a crucial role in achieving SDGs by positively affecting financial development, energy consumption, and economic growth. This study highlights the importance of leveraging technology to promote sustainable development and provides valuable insights for policymakers in Jordan and other developing countries. Downloads Download data is not yet available. Downloads FULL TEXT Published 2023-07-09 How to Cite Fraihat, B. A. M., Ahmad , A. Y. A. B., Alaa, A. A., Alhawamdeh, A. M., Soumadi, M. M., Aln’emi, E. A. S., & Alkhawaldeh, B. Y. S. (2023). Evaluating Technology Improvement in Sustainable Development Goals by Analysing Financial Development and Energy Consumption in Jordan. International Journal of Energy Economics and Policy, 13(4), 348–355. https://doi.org/10.32479/ijeep.14438 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 13 No. 4 (2023) Section Articles License Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Most read articles by the same author(s) Bashar Younis Subeih Alkhawaldeh, Hussein Ali Al-Zeaud, Mohammad Nassar Almarshad, Energy Consumption as a Measure of Energy Efficiency and Emissions in the MENA Countries: Evidence from GMM-Based Quantile Regression Approach , International Journal of Energy Economics and Policy: Vol. 12 No. 5 (2022) Make a Submission Make a Submission Dergi Kapağı

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International Journal of Energy Economics and Policy

Alan :   Sosyal, Beşeri ve İdari Bilimler

Dergi Türü :   Uluslararası

Metrikler
Makale : 2.578
Atıf : 3.962
2023 Impact/Etki : 0.22
International Journal of Energy Economics and Policy