نوع مقاله : علمی- پژوهشی
نویسندگان
1 گروه اقتصاد، دانشکده مدیریت و اقتصاد، واحد علوم و تحقیقات، دانشگاه آزاد اسلامی، تهران، ایران.
2 گروه اقتصاد، دانشکده مدیریت و اقتصاد، واحد علوم و تحقیقات، دانشگاه آزاد اسلامی، تهران، ایران
3 Department of Economics, Faculty of Economics and Social Sciences, Bu Ali Sina University, Hamadan, Iran.
چکیده
کلیدواژهها
عنوان مقاله [English]
نویسندگان [English]
In response to environmental challenges and the growing need for economic sustainability, this study evaluates the effectiveness of green monetary and fiscal policies across two country groups—ten developed economies and selected MENA nations over the period 2013 to 2023. The analysis employs Partial Least Squares Structural Equation Modeling to estimate relationships using panel data, with latent constructs validated through multi-stage Confirmatory Factor Analysis.
Findings indicate that in developed countries, green policies have a highly significant impact on increasing investment (β = 0.929; p < 0.001), while their effect on reducing pollution is not statistically significant. However, both investment and pollution exhibit positive and meaningful contributions to economic sustainability.
In contrast, in MENA countries, green policies play a significant role in reducing pollution (β = 0.702; p < 0.001) and boosting investment (β = 0.804; p < 0.001), yet neither variable demonstrates a significant effect on sustainability. Only population shows a statistically significant positive influence on sustainability in these nations.
The results highlight structural differences between the two groups and underscore the necessity of tailoring green policy designs to local institutional contexts in order to achieve sustainable economic outcomes.
کلیدواژهها [English]