Models for Sustainable Open Access Land Management That Integrate Economic, Social, and Environmental Balance

Abstract

This study delves into the intricate process of crafting a sustainable model for managing open access land, utilizing an integrative approach that employs structural equation modeling (SEM) analysis while broadening the conventional triple bottom line framework. By amalgamating the economic, social, and environmental dimensions of the triple bottom line with the governance variables inherent in the pentuple bottom line concept, this approach aims to achieve a more nuanced and holistic balance in the management of open access land. Through a meticulous blend of primary and secondary data collection methods, the study employs SEM analysis to scrutinize the intricate interplay between variables representing each dimension. The findings of this research shed light on the intricate mechanisms through which open access land management can be guided toward a more comprehensive sustainability paradigm, enriched by the multifaceted considerations encapsulated within the pentuple bottom line model. The ramifications of these revelations extend far beyond academic discourse, advocating for the adoption of a more all-encompassing model in open access land management practices, thereby fortifying collective efforts toward achieving holistic sustainable development objectives.