Does Ethical Behaviour Affect Sustainable Development? Evidence from Developed and Developing Countries

This paper examines the relationship between ethical behavior and green growth for a large sample of 109 countries, comprised developed developing countries. We applied panel corrected standard error (PCSE) system generalized moment method (S-GMM) to achieve set-aside objectives. use recent data from Organisation Economic Co-operation Development (OCED). Our results show that high is associated with an increase in growth, suggesting plays significant role achieving sustainable development. also find more pronounced countries than attributed laid down most The are unaffected by alternative variable measurements econometric estimations. findings highlight need policymakers consider non-economic technological factors such as ethics both environmentally economically sustainable.