Engineering Access (Jul 2024)
A Model for Determining the Effectiveness of Regulatory and Administrative Measures of Sustainability Policy in Thailand
Abstract
The objectives of this research are to 1) create a causal relationship model for political management in order to form sustainable policies under Thai environmental law. and 2) propose a strategic framework for national management to achieve sustainability. The study is designed as a mixed-methods study, which is called Path-Analysis based on an autoregressive Conditional Heteroscedasticity with observed variables (Path-ARCH-xi Model). The study confirms a causal relationship between all three latent variables: economic growth, social growth, and environmental growth, with direct and indirect effects. Notably, each variable's indicator shows a different impact size of the relationship to changes in the variables. Economic growth is significantly influenced by industrial structures, while employment can greatly influence the changes in social growth. In terms of environmental growth, it is greatly influenced by energy consumption. Furthermore, economic growth, followed by social and environmental growth, has the greatest capacity for error correction. Consequently, proactive measures, particularly economic measures, are critical to ensure that environmental law enforcement is used to its full potential, as seen in European countries.
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