The impact of domestic material consumption and energy mix on socioeconomic indicators—A global analysis from 1990 to 2022
Publication Name: Resources Policy
Publication Date: 2025-08-01
Volume: 107
Issue: Unknown
Page Range: Unknown
Description:
Relevance: Understanding the relationship between economic growth, resource consumption, and social development is crucial for sustainable policy-making. While economic expansion is often linked to improved well-being, its effects depend on material consumption patterns and energy dependency. Goals: This study aims to examine how domestic material consumption (DMC) and energy structure influence human development, particularly across different economic contexts. Methods: Using a panel data approach, the research applies econometric models to analyze the impact of DMC and energy dependency on social indicators. Results: Findings indicate that excessive DMC can hinder sustainable progress, while a higher share of renewable energy contributes to long-term social development and economic stability. Conclusion: The study highlights the need for resource-efficient policies and energy diversification, contributing to the literature on sustainable growth and development strategies.
Open Access: Yes