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Assessing Sustainable Development Through Wavelet‐Quantile Based Analysis

Comparative Insights From Four Developed Countries

Bibliographic Data

ID12307231
AuthorsAli Çeli̇k (0000-0003-3794-7786, Department of Electronic Commerce and Management Istanbul Gelisim University Istanbul Turkey, corresponding author), Natalia Veselitskaya (0000-0002-2645-7936, Institute for Statistical Studies and Economics of Knowledge National Research University Higher School of Economics Moscow Russia), Sadeq Damrah (0000-0002-5500-3685, Department of Mathematics and Physics, College of Engineering Australian University Safat Kuwait)
Year2025
Volume34
IssueS2
Pages1274-1301
Publication date2025-11-06
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueSustainable Development (JOURNAL)
Journal identifiersISSN: 0968-0802 • E-ISSN: 1099-1719
PublisherWiley (PUBLISHER • GB)
DOI10.1002/sd.70391
OpenAlexW4415976653
LanguageEN
References cited53

Balancing economic growth with environmental sustainability remains a key challenge for developed economies. The load capacity factor (LCF), as a ratio of biocapacity to ecological footprint, provides an integrated measure of this balance. Yet, little is known about how gross domestic product (GDP), labor productivity, and green technologies interact with LCF over time. The present study employs wavelet coherence analysis (WCA) and wavelet quantile regression (WQR) to evaluate the impact of country characteristics such as GDP, population, patents on environmental technologies, renewable energy usage and labor productivity on the LCF in Australia, Canada, the United Kingdom (UK) and the United States of America (USA) during the period 1961–2019. The results suggest that (i) GDP generally affects the LCF negatively for countries; (ii) the population growth rate also has similar negative effects on the LCF; (iii) patents on environmental technologies affect the LCF positively as expected; (iv) finally, renewable energy usage and labor productivity's impact varies—beneficial in the UK, but detrimental in Australia, Canada, and the USA. However, in terms of WCA results, a positive correlation between renewable energy usage and LCF in Australia, Canada, and the USA was detected. These results focus attention on green innovation and renewable energy development, promoting labor productivity in accordance with the unique characteristics of countries. This comparative analysis addresses the temporal and spatial variability of sustainability drivers and provides recommendations for policymakers on balancing economic growth, green technologies, and sustainable development

Gross domestic product · Population · Productivity · Renewable energy · Sustainability · Sustainable development · Energy, Environment, Economic Growth · Environmental Impact and Sustainability · Global Energy and Sustainability Research

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