20.500.12556/DKUM-96425 Economic development and planetary boundaries application of binary dependent variable models The aim of this paper is to estimate the determinants of economic development measured by Human Development Index (HDI) and planetary boundaries measured by Planetary Pressures-adjusted Human Development Index (PHDI). The empirical analysis was conducted in two parts. First, the whole set of 106 countries worldwide with available data was included in estimating determinants of economic development regardless of economic development rank. The ordinary least squares models confirmed the hypothesis that the HDI determinants focus on education and material standard factors, while PHDI determinants consist also of more environmental factors. Second, only very high and high developed countries were included in estimating the logit models. The binary dependent variables approach could not confirm that the PHDI is more environmentally focused since it turned out that also HDI determinants include environmental factors that influence the probability of a country to increase the HDI rank and the estimated signs of some of the estimated coefficients for environmental variables in case of PHDI do not meet the expectations. sustainable economic development environment HDI PHDI OLS logit models true false true Angleški jezik Angleški jezik Znanstveno delo 2026-01-07 13:56:48 2026-01-07 13:56:49 2026-01-08 03:19:18 0000-00-00 00:00:00 2025 0 0 Str. 295-315 0000-00-00 Zaloznikova Objavljeno NiDoloceno 0000-00-00 0000-00-00 2025-12-20 33 263762947 263784195 10.5281/zenodo.17997115 https://zenodo.org/records/17997115 1 55617cee-ebc8-11f0-beab-00155d580e02 https://dk.um.si/Dokument.php?lang=slv&id=201815 RAZ_Borsic_Darja_2025.pdf RAZ_Borsic_Darja_2025.pdf 1 63E78CC2C1B8D503C3ADC68BB03D15E6 0851ea1e250dc1dd8eceb5d4746c5e1177891975a51ad43e21b4cb6a076fcaa9 7ed71c75-ebc8-11f0-beab-00155d580e02 https://dk.um.si/Dokument.php?lang=slv&id=201816 Ekonomsko-poslovna fakulteta 0 0 0