The Impact of Economic Equilibrium, Globalization, Human Development, and Market Competitiveness on the Sustainable Development of Manufacturing Enterprises – the Case of France, Germany, Italy and Poland
The paper presents the results of an analysis of the impact of economic equilibrium, the Human Development Index, the KOF Globalization Index and the Global Competitiveness Index on the sustainable development of manufacturing enterprises and their components in France, Germany, Italy and Poland fro...
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Format: | Article |
Language: | English |
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Lodz University Press
2023-09-01
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Series: | Comparative Economic Research |
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Online Access: | https://czasopisma.uni.lodz.pl/CER/article/view/19478 |
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author | Magdalena Kowalska Anna Misztal |
author_facet | Magdalena Kowalska Anna Misztal |
author_sort | Magdalena Kowalska |
collection | DOAJ |
description | The paper presents the results of an analysis of the impact of economic equilibrium, the Human Development Index, the KOF Globalization Index and the Global Competitiveness Index on the sustainable development of manufacturing enterprises and their components in France, Germany, Italy and Poland from 2008 to 2021. We use the Ordinary Least Squares (OLS) and the Seemingly Unrelated Regression methods (SUR). The results show that these external factors significantly impact an enterprise’s sustainable development. Our models also show a different strength and direction of relationships between the explained and explanatory variables. Our models confirm the need to coordinate macroeconomics and environmental policy. It is important to use effective tools of economic support, and greater pressure from European Union institutions on countries that emit harmful substances is essential. |
first_indexed | 2024-03-11T21:08:05Z |
format | Article |
id | doaj.art-a653e51611a64f4d92280f5e6bd978c5 |
institution | Directory Open Access Journal |
issn | 1508-2008 2082-6737 |
language | English |
last_indexed | 2024-03-11T21:08:05Z |
publishDate | 2023-09-01 |
publisher | Lodz University Press |
record_format | Article |
series | Comparative Economic Research |
spelling | doaj.art-a653e51611a64f4d92280f5e6bd978c52023-09-29T08:33:39ZengLodz University PressComparative Economic Research1508-20082082-67372023-09-0126310712610.18778/1508-2008.26.2319337The Impact of Economic Equilibrium, Globalization, Human Development, and Market Competitiveness on the Sustainable Development of Manufacturing Enterprises – the Case of France, Germany, Italy and PolandMagdalena Kowalska0https://orcid.org/0000-0002-5821-0305Anna Misztal1https://orcid.org/0000-0002-7455-5290University of Lodz, Faculty of Economics and Sociology, Lodz, PolandUniversity of Lodz, Faculty of Economics and Sociology, Lodz, PolandThe paper presents the results of an analysis of the impact of economic equilibrium, the Human Development Index, the KOF Globalization Index and the Global Competitiveness Index on the sustainable development of manufacturing enterprises and their components in France, Germany, Italy and Poland from 2008 to 2021. We use the Ordinary Least Squares (OLS) and the Seemingly Unrelated Regression methods (SUR). The results show that these external factors significantly impact an enterprise’s sustainable development. Our models also show a different strength and direction of relationships between the explained and explanatory variables. Our models confirm the need to coordinate macroeconomics and environmental policy. It is important to use effective tools of economic support, and greater pressure from European Union institutions on countries that emit harmful substances is essential.https://czasopisma.uni.lodz.pl/CER/article/view/19478sustainable developmentmanufacturing enterprisesmacroeconomic stabilizationglobalizationmarket competitiveness |
spellingShingle | Magdalena Kowalska Anna Misztal The Impact of Economic Equilibrium, Globalization, Human Development, and Market Competitiveness on the Sustainable Development of Manufacturing Enterprises – the Case of France, Germany, Italy and Poland Comparative Economic Research sustainable development manufacturing enterprises macroeconomic stabilization globalization market competitiveness |
title | The Impact of Economic Equilibrium, Globalization, Human Development, and Market Competitiveness on the Sustainable Development of Manufacturing Enterprises – the Case of France, Germany, Italy and Poland |
title_full | The Impact of Economic Equilibrium, Globalization, Human Development, and Market Competitiveness on the Sustainable Development of Manufacturing Enterprises – the Case of France, Germany, Italy and Poland |
title_fullStr | The Impact of Economic Equilibrium, Globalization, Human Development, and Market Competitiveness on the Sustainable Development of Manufacturing Enterprises – the Case of France, Germany, Italy and Poland |
title_full_unstemmed | The Impact of Economic Equilibrium, Globalization, Human Development, and Market Competitiveness on the Sustainable Development of Manufacturing Enterprises – the Case of France, Germany, Italy and Poland |
title_short | The Impact of Economic Equilibrium, Globalization, Human Development, and Market Competitiveness on the Sustainable Development of Manufacturing Enterprises – the Case of France, Germany, Italy and Poland |
title_sort | impact of economic equilibrium globalization human development and market competitiveness on the sustainable development of manufacturing enterprises the case of france germany italy and poland |
topic | sustainable development manufacturing enterprises macroeconomic stabilization globalization market competitiveness |
url | https://czasopisma.uni.lodz.pl/CER/article/view/19478 |
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