Jurisdictional ESG Conditions, Complementary Tax Revenue Outcomes and Non-Gaming Growth: Preliminary Time-Series Evidence from a Gaming-Dependent Microeconomy, 2009–2025
Economic diversification remains a central policy challenge for small, sectorally concentrated jurisdictions. This paper examines whether jurisdiction-level ESG conditions and fiscal-revenue outcomes are individually and jointly associated with growth in Macau’s non-gaming economy over the period of 2009–2025. A jurisd...