GROSS ROOT LEVEL HURDLES FOR ENVIRONMENTAL SUSTAINABILITY IN ASEAN COUNTRIES: ANALYZING POVERTY, FERTILITY RATE AND LITERACY RATE THROUGH PANEL

Abstract

Different countries of the world are taking steps and measures to acquire the environmental sustainability as it is becoming necessary with every passing day. There are various factors that might affect it in one way or the other. Poverty rate, literacy rate and fertility rate are such factors that might play role in this regard. Therefore, to analyze the impact of these three factors i.e. poverty rate, literacy rate and fertility rate on environmental sustainability, the researcher has conducted this study for ASEAN countries. In this regard, the researcher has collected data for 29 years from ASEAN countries for the analysis purpose. To ensure the authentic and accurate results, the data has been collected from reliable resources. The collected data was subjected to various tests and techniques. The major techniques that have been adopted in this study include panel unit root test, panel cointegration test, coefficient estimation test and Granger Casualty test. The results obtained from the analysis suggested that the impact of all the independent variables i.e. poverty rate, fertility rate and literacy rate on environmental sustainability has been found as significant. Moreover, casual relationships among different variables of the study have also been observed as per the results.