The Key to Sustainable Economic Development: A Triple Bottom Line Approach

Nogueira, Elisabete; Gomes, Sofia; Lopes, João

Publication

The Key to Sustainable Economic Development: A Triple Bottom Line Approach

2022Journal article

dc.contributor.author	Nogueira, Elisabete
dc.contributor.author	Gomes, Sofia
dc.contributor.author	Lopes, João
dc.date.accessioned	2022-08-23T08:45:02Z
dc.date.available	2022-08-23T08:45:02Z
dc.date.issued	2022
dc.description.abstract	Concerns about improving social, environmental, and economic living standards are the basis of the triple bottom line (TBL) link to economic development (ED). Aware of the importance of studying their relationship, this article analysed the influence of TBL on ED. A quantitative method ology was used. The sample comprised a panel of data from 2006 to 2019 for OECD (Organisation for Economic Co-operation and Development) countries. Five multiple linear regression models were estimated by the generalised method of moments. The results of this study revealed that the social dimension of TBL boosts ED, the environmental dimension of TBL slows down ED, and the economic dimension of TBL contains conflicting synergies in ED. The Human Development Index (HDI) should now include indicators of environmental wellbeing. Governments should adopt policies to improve social wellbeing to boost ED, work to coordinate the objectives of environmental protection and ED, and combat vulnerabilities arising from public debt. As one of the first studies to assess the influence of TBL on ED at the country level, the present findings contribute to the reflection about the influence of TBL on a country’s ED and strengthens the discussion around the influence of different dimensions of TBL.	pt_PT
dc.description.version	info:eu-repo/semantics/publishedVersion	pt_PT
dc.identifier.citation	Nogueira, E., Gomes, S., & Lopes, J.M. (2022) The Key to Sustainable Economic Development: A Triple Bottom Line Approach. Resources 2022, 11, 46.	pt_PT
dc.identifier.doi	https://doi.org/10.3390/resources11050046	pt_PT
dc.identifier.uri	http://hdl.handle.net/10400.6/12303
dc.language.iso	eng	pt_PT
dc.peerreviewed	yes	pt_PT
dc.relation	Research Unit in Business Sciences
dc.rights.uri	http://creativecommons.org/licenses/by/4.0/	pt_PT
dc.subject	Triple bottom line	pt_PT
dc.subject	Economic development	pt_PT
dc.subject	Human Development Index	pt_PT
dc.subject	Sustainable society index	pt_PT
dc.subject	Human wellbeing	pt_PT
dc.subject	Environmental wellbeing	pt_PT
dc.subject	Economic wellbeing	pt_PT
dc.title	The Key to Sustainable Economic Development: A Triple Bottom Line Approach	pt_PT
dc.type	journal article
dspace.entity.type	Publication
oaire.awardTitle	Research Unit in Business Sciences
oaire.awardURI	info:eu-repo/grantAgreement/FCT/6817 - DCRRNI ID/UIDB%2F04630%2F2020/PT
oaire.citation.title	Resources	pt_PT
oaire.fundingStream	6817 - DCRRNI ID
person.familyName	Nogueira
person.familyName	Gomes
person.familyName	Lopes
person.givenName	Elisabete
person.givenName	Sofia
person.givenName	João
person.identifier	2144266
person.identifier	D-8657-2019
person.identifier.ciencia-id	6513-80A1-20BB
person.identifier.ciencia-id	B415-29D7-EC1A
person.identifier.ciencia-id	2A15-2F67-8E45
person.identifier.orcid	0000-0001-7155-1713
person.identifier.orcid	0000-0002-0326-0655
person.identifier.orcid	0000-0002-2968-4026
person.identifier.scopus-author-id	57216734360
project.funder.identifier	http://doi.org/10.13039/501100001871
project.funder.name	Fundação para a Ciência e a Tecnologia
rcaap.rights	openAccess	pt_PT
rcaap.type	article	pt_PT
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