ARDL Analysis of the Triangular Relationship between Sustainable Development Goals, Community Social Values, and New Development in the Indonesian Development Context

Abstract

This research examines the relationship between Sustainable Development Goals (SDG), Community Social Values (CSV), and New Development in the Indonesian context. SDG is the UN's global goals to overcome development challenges, CSV is the social values of society, and New Development is a development paradigm that emphasizes human welfare, the environment and democracy. This study combines World Bank secondary data and the autoregressive distributed lag (ARDL) technique to examine whether or not there is a correlation between the two. The results of this research show that SDG, CSV, and New Development have a relationship that influences each other and has a positive and significant effect. This research contributes to science, stakeholders and sustainable development practices in Indonesia. This research also provides recommendations, such as increasing education and advocacy, building networks and partnerships, and adopting and adapting sustainable development practices.