Scholarlink

<p>This study focuses on examining the determinants of sustainable development by focusing the experience from Ethiopia. A time series analysis that covers the period from 1974 to 2023 was used for the analysis. It is designed to examine sustainability in its holistic view which is many previous studies failed to consider. Autoregressive integrated moving average model was used for the analysis. Dickey fuller test for stationarity and interpolation was used during the pre-estimation process. Principal component analysis was applied to develop index for the variable governance. The result showed that foreign direct investment, economic growth, carbon emission, tax revenue, external debt stock, inflation and governance have a significant effect on sustainable development. Residual test for the white noise and within sample forecast was used to validate the model. The 10 years forecast (2024–2033) showed that there is an increasing trend in sustainable development in Ethiopia due to increase in governance quality and economic growth. Thus, a coordinated policy framework that balances economic, environmental, and governance objectives is vital for Ethiopia’s sustainable future.</p>

错误：搜索内容不能为空，请输入英文关键词
错误：关键词超出字数限制，请精简
高级检索

Economic sustainability in Ethiopia

  • 期刊论文

  • 出版模式：

    开放获取

  • 发表日期：

    2025年8月18日

查看全文
  • Yohannes Girma,
  • Abera Ayalew,
  • Ewunetu Tazebew

摘要

This study focuses on examining the determinants of sustainable development by focusing the experience from Ethiopia. A time series analysis that covers the period from 1974 to 2023 was used for the analysis. It is designed to examine sustainability in its holistic view which is many previous studies failed to consider. Autoregressive integrated moving average model was used for the analysis. Dickey fuller test for stationarity and interpolation was used during the pre-estimation process. Principal component analysis was applied to develop index for the variable governance. The result showed that foreign direct investment, economic growth, carbon emission, tax revenue, external debt stock, inflation and governance have a significant effect on sustainable development. Residual test for the white noise and within sample forecast was used to validate the model. The 10 years forecast (2024–2033) showed that there is an increasing trend in sustainable development in Ethiopia due to increase in governance quality and economic growth. Thus, a coordinated policy framework that balances economic, environmental, and governance objectives is vital for Ethiopia’s sustainable future.