Comparative Analysis of GDP Per Capita, Logistic Performance, and Carbon Dioxide Emissions: A Case of SAARC Countries

Authors

  • Muhammad Arslan Iqbal Zhongnan University of Economics and Law, Wuhan, China. Author
  • Aqeel Ahmad The Islamic University Bahawalpur. Author
  • Sohail Naseer Air University, Islamabad. Author
  • Iqra Kanwal National College For Business Administration and Economics. Author

DOI:

https://doi.org/10.62345/jads.2024.13.2.2

Keywords:

GDP per capita, Panel data, Econometric techniques, Carbon dioxide emissions, SAARC

Abstract

This study investigated the association between economic growth, environmental sustainability, and social development in SAARC countries. The study uses robust and balanced panel data from 2008 to 2021. The advanced econometric techniques used for empirical analyses, specifically Dynamic Ordinary Least Squares (DOLS). It provided valuable observations on the relationships between economic and environmental factors. The independent variable logistic infrastructure, gross capital formation, labour force participation rate, and carbon dioxide emission significantly affect our dependent variable growth rate The study results showed that logistic infrastructure positively affected our GDP per capita. Similarly, LAB and GCF also directly impacted your GDP per capita while CO2 negatively impacted the GDP per capita of the projected economies. These findings suggest that policymakers must adopt holistic approaches that prioritize sustainable development goals, mitigate environmental degradation, and promote inclusive economic growth to ensure a prosperous and resilient future for all.

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Author Biographies

  • Muhammad Arslan Iqbal, Zhongnan University of Economics and Law, Wuhan, China.

    PhD Scholar, School of Accounting, Zhongnan University of Economics and Law, Wuhan, China.
    Email: imalikarslan9999@gmail.com

  • Aqeel Ahmad, The Islamic University Bahawalpur.

    PhD Scholar, Department of Economics, The Islamic University Bahawalpur, Pakistan.
    Email: aqeelahmed.iub18@gmail.com

  • Sohail Naseer, Air University, Islamabad.

    MS Finance, Air University School of Management, Air University, Islamabad, Pakistan.
    Email: sohailnaseercp@yahoo.com

  • Iqra Kanwal, National College For Business Administration and Economics.

    MPhil Economics, Department of Economics, National College For Business Administration and Economics, Pakistan. Corresponding Author Email: kanwalmalik135@gmail.com

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Published

2024-05-28

How to Cite

Comparative Analysis of GDP Per Capita, Logistic Performance, and Carbon Dioxide Emissions: A Case of SAARC Countries. (2024). Journal of Asian Development Studies, 13(2), 13-23. https://doi.org/10.62345/jads.2024.13.2.2

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