Pulling Off Stable Economic System Adhering Carbon Emissions, Urban Development and Sustainable Development Values

Abstract

In today's world, sustainability has become a major concern. The current study attempts to look into the impact of six sustainable development values on economic growth and emissions of carbon footprints: freedom, equality, solidarity, tolerance, respect for nature, and shared mobility. The moderating importance of urban development in regulating the relationship of economic growth and carbon footprints has also been investigated in this study. The structural equation modeling (SEM) analysis technique was utilized to confirm pathways and verify path modeling in this work. Overall, 302 responses were selected for data analysis, and data were collected using a self-administered questionnaire with a random sampling technique. The study found that two of the six sustainable development values (tolerance and solidarity) have a beneficial impact on a country's economic growth. However, freedom, equality, respect for nature, and shared mobility are not indicators of a country's economic progress. Similarly, economic expansion helps to mediate the relationship between tolerance, solidarity, and carbon emissions. Although urban growth did not play a moderating role, it has a positive impact on carbon emissions. The current study suggests various implications for long-term development to improve an economy's or country's economic performance. Furthermore, complete emphasis must be paid to sustainable development values, which are more closely linked to economic growth but also help cut carbon emissions. Future research should look into the current model in other countries.

Visualization and Bibliometric Analysis of Carbon Neutrality Research for Global Health

“…Since carbon emission reduction is a global goal, future research, and decision-making should fully consider the differences in global economic development and shift to a low-carbon economy without affecting economic development. Only in this way can we effectively improve the global environment and ensure human health ( 42 ).…”

Environmental pollution and economic growth: Evidence of SO2 emissions and GDP in China

“…However, in the 1980s, the sustainable development proposal that “economic growth will not necessarily damage the environment” prompted scholars to further explore the relationship between environmental pollution and economic growth. Cai et al ( 6 ) found that two of the six sustainable development values—tolerance and solidarity—have a beneficial impact on a country's economic growth. Furthermore, the concept of the “Environmental Kuznets Curve” (EKC), which is also consistent with the concept of sustainable development, has been proposed.…”

Does increasing public expenditure on sports promote regional sustainable development: Evidence from China

“…We introduce the interaction term fin×sportscl between the level of financial development and regional sustainable development as an explanatory variable and the level of financial development (fin) as a moderator variable. We construct the regression model of Equation (2) and Equation (3) to explore the moderating effect of the development level of market finance.…”

“…In addition, how to deal with the relationship between man and society, man and nature, and realize the coordinated development and win–win symbiosis of the economy and society has become a challenge faced by all humankind. Sustainable development is a multidimensional concept that emphasizes the integration of the economy, society and environment within a region and the realization of dynamic balance ( 1 , 2 ). According to the interpretation of sustainable development made by the International Union of Ecology (INTECOL), the United Nations Environment Programme (UNEP), and other departments, sustainable development mainly emphasizes the importance of ecological civilization construction in the natural environment, economy, society, science, and technology ( 3 , 4 ), which shows the importance of green and coordinated development in sustainable development.…”