Energy Challenges, Green Growth, Blue Indicators, and Sustainable Economic Growth: A Study of Saudi Arabia.
Eval Rev
; 47(6): 983-1024, 2023 12.
Article
in En
| MEDLINE
| ID: mdl-36281482
ABSTRACT
In recent years, the international community is struggling to achieve sustainable economic and environmental goals. Despite of the large literature, the impact of blue economy on sustainable growth and environment is missing, for the case of Saudi Arabia. The current study incorporates the energy, green, and blue indicators to examine the impact on sustainable goals of Saudi Arabia. For econometric estimations, we use the nonlinear ARDL approach to estimate the full sample and post-Vision 2030 sample. The findings confirm that blue economic activities are not mature enough to participate its role to achieve sustainable targets of Saudi Vision 2030. The outcomes of current study depict that blue indicators are neglected to attain sustainable economic and environmental goals. In view of econometric outcomes, we propose that Saudi Arabia have to emphasize on sea trade and ocean tourism. Moreover, the findings are useful to estimate the sustainable targets of Saudi Vision 2030.
Key words
Full text:
1
Collection:
01-internacional
Database:
MEDLINE
Main subject:
Economic Development
/
Sustainable Growth
Type of study:
Health_economic_evaluation
Country/Region as subject:
Asia
Language:
En
Journal:
Eval Rev
Year:
2023
Document type:
Article
Affiliation country:
Arabia Saudita