Nexus of economic, social, and environmental factors on sustainable development goals: The moderating role of technological advancement and green innovation

Sustainability relies on economic, social, and environmental factors. This study investigates their impact on Sustainable Development Goals (SDGs) in G7 countries from 2002 to 2020, employing the IV-GMM model. The empirical result found that economic, social factors and technological advancements positively affected SDGs. However, this study also identifies a negative correlation between green innovation and SDGs, suggesting potential tradeoffs and unintended consequences. Robustness checks using alternative dependent variables and panel quantile regression confirm the reliability of the findings. Both linear and nonlinear models found a significant relationship. Furthermore, the analysis underscores the…