Analysis of Factors Affecting Chongqing's Sustainable Economic Growth in China

Authors

  • Lu Xinyao PHD, Chakrabongse Bhuvanarth International Institute for Interdisciplinary Studies (CBIS), Rajamangala University of Technology Tawan-ok, Bangkok, 10400, Thailand
  • Khunanan Sukpascharoen Dr, Professor, Chakrabongse Bhuvanarth International Institute for Interdisciplinary Studies (CBIS), Rajamangala University of Technology Tawan-ok, Bangkok, 10400, Thailand
  • Pu Ruihui Dr, Faculty of Economics, Srinakharinwirot University

Keywords:

Education level, greenhouse gas emissions, employment rate, women empowerment, population growth, Economic growth

Abstract

In recent times, the importance of economic growth (EG) has increased due to the prevailing uncertainty in the global economic landscape. The significance of recent studies and policymakers should be underscored in addressing this matter. Therefore, this article aims to analyse the influence of educational attainment, greenhouse gas (GHG) emissions, employment rate, women's empowerment, and population growth on economic growth (EG) in China. The article utilised secondary data obtained from sources such as the World Development Indicators (WDI) spanning the years 1991 to 2022.The study also employed the dynamic autoregressive distributed lag (DARDL) model to examine the relationship between the variables under investigation. The findings of the study suggest that there is a positive correlation between the level of education, greenhouse gas emissions, employment rate, women's empowerment, and population growth with economic growth in China. This study assists policymakers in formulating policies aimed at enhancing economic growth through higher levels of education, efficient reduction of greenhouse gas emissions, increased employment rates, and the promotion of women's empowerment.

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Published

2023-09-27