The Influence of Economic and Environmental Factors on the Adoption of Responsible Production Standards
https://doi.org/10.47703/ejebs.v69i1.477
Abstract
In the context of global sustainability challenges, understanding the determinants of environmental management standard adoption has become increasingly relevant. This study aims to investigate the impact of economic and ecological factors on the adoption of ISO 14001 certifications in five selected countries: China, Germany, Japan, Sweden, and the United States. Utilizing a fixed-effects panel regression model, the research analyzes longitudinal data from five countries over the period 2012–2022. Data were sourced from the World Bank, International Energy Agency, Global Carbon Atlas, and ISO survey reports. The results indicate that GDP per capita positively impacts the number of certifications (p < 0.01), suggesting that higher economic resources are associated with an increase in the adoption of environmental standards. Additionally, CO2 emissions show a strong positive correlation (p < 0.01), indicating that more significant environmental pressure encourages the adoption of certification. The proportion of renewable energy demonstrates a conditionally significant effect (p < 0.05), highlighting the need for further research. These findings confirm that environmental concerns and economic capacity contribute to adopting sustainable production practices. The study emphasizes the crucial role of economic affluence and environmental priorities in promoting responsible production standards. Future research should extend the analysis by incorporating institutional variables, policy incentives, and sector-specific dynamics to deepen understanding of ISO 14001 diffusion in heterogeneous economic environments.
Keywords
Responsible Production,
Environmental Sustainability,
Sustainable Development,
Renewable Energy,
Green Economy,
Economic Growth
Supporting agencies: This research was funded by the Science Committee of the Ministry of Science and Higher Education of the Republic of Kazakhstan (grant No. AP19576593).
About the Authors
Aknur Zhidebekkyzy
Al-Farabi Kazakh National University, Researcher at Almaty Management University, Almaty, Kazakhstan.
Kazakhstan
Kazakhstan
PhD, Associate Professor, Email: aknur.zh@gmail.com
Birganym Amangeldiyeva
Al-Farabi Kazakh National University, Almaty, Kazakhstan.
Kazakhstan
Kazakhstan
PhD candidate, Junior Researcher, Email: amangeldiyeva.birganym@gmail.com
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For citations:
Zhidebekkyzy A., Amangeldiyeva B. The Influence of Economic and Environmental Factors on the Adoption of Responsible Production Standards. Eurasian Journal of Economic and Business Studies. 2025;69(1):97–110. https://doi.org/10.47703/ejebs.v69i1.477
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