Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/289592 
Authors: 
Year of Publication: 
2023
Citation: 
[Journal:] Journal of Business Economics and Management [ISSN:] 2029-4433 [Volume:] 24 [Issue:] 1 [Publisher:] Vilnius Gediminas Technical University [Place:] Vilnius [Year:] 2023 [Pages:] 112-135
Publisher: 
Vilnius Gediminas Technical University, Vilnius
Abstract: 
The concepts of economic and social security are very complex and dynamic, closely related to many new challenges that characterize today’s societies. Our research aims at investigating the economic and social security considering the current vulnerabilities, using an integrated multicriteria approach to this issue, taking into account five pillars (dimensions): demographic, climate, globalization, and ITC adaptation, social, and economic. Based on these dimensions, we developed an Economic and Social Security Index across the Euro-Atlantic countries and we found that the European Union (EU) is better positioned compared to the other country-groups analysed. Furthermore, we estimated the effects of duration of schooling and climate degradation on economic growth, by using the Panel EGLS method over the period 2010–2019, and we compared the results obtained for EU countries to the ones obtained for the other groups of countries in Euro- Atlantic space: EU neighbours and candidate/potential candidate countries and other Eastern EU neighbourhood countries. We found a positive impact of the duration of schooling on the economic growth, which is greater in countries registering high levels of socio-economic security, the effect of the duration of schooling varying depending on the quality of education. In terms of the effects of CO2 emissions on economic growth, we found a negative impact, considering the one year lag.
Subjects: 
economic security
social security
economic growth
schooling
environment
demographic
JEL: 
C23
C43
Q01
O57
Persistent Identifier of the first edition: 
Creative Commons License: 
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Document Type: 
Article
Document Version: 
Published Version
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