Governance dimensions driving the urbanization-green growth nexus: Evidence from Asian economies
Các tác giả
DOI: https://doi.org/10.59294/HIUJS2026077Từ khóa:
Asian economies, governance dimensions, green growth, urbanizaƟonTóm tắt
In the context of many Asian economies struggling to balance rapid urbanizaƟon with green growth objecƟves, governance emerges as a key factor shaping the development trajectory. This study examines the role of governance dimensions in influencing the relaƟonship between urbanizaƟon and green growth across 32 Asian countries from 1996 to 2021. Employing the two-step system GMM approach, the results indicate that urbanizaƟon iniƟally exerts a negaƟve effect on green growth; however, this effect turns posiƟve as governance improves. Among the governance indicators, control of corrupƟon exerts the strongest influence, followed by government effecƟveness, voice and accountability, and rule of law. In contrast, regulatory quality appears limited, as many environmental policies remain largely formalisƟc, while poliƟcal stability and security show no staƟsƟcally significant impact. Based on these findings, the study proposes several policy implicaƟons to strengthen governance quality in specific areas, thereby transforming urbanizaƟon into a driver of sustainable and inclusive green growth.
Abstract
In the context of many Asian economies struggling to balance rapid urbanizaƟon with green growth objecƟves, governance emerges as a key factor shaping the development trajectory. This study examines the role of governance dimensions in influencing the relaƟonship between urbanizaƟon and green growth across 32 Asian countries from 1996 to 2021. Employing the two-step system GMM approach, the results indicate that urbanizaƟon iniƟally exerts a negaƟve effect on green growth; however, this effect turns posiƟve as governance improves. Among the governance indicators, control of corrupƟon exerts the strongest influence, followed by government effecƟveness, voice and accountability, and rule of law. In contrast, regulatory quality appears limited, as many environmental policies remain largely formalisƟc, while poliƟcal stability and security show no staƟsƟcally significant impact. Based on these findings, the study proposes several policy implicaƟons to strengthen governance quality in specific areas, thereby transforming urbanizaƟon into a driver of sustainable and inclusive green growth.
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