LAPSE:2023.14271
Published Article

LAPSE:2023.14271
The Effects of Information and Communication Technology, Economic Growth, Trade Openness, and Renewable Energy on CO2 Emissions in OECD Countries
March 1, 2023
Abstract
This study examines the relationships between information and communication technology (ICT) usage and CO2 emissions considering economic growth, trade openness, and renewable electricity in the Organization for Economic Co-operation and Development countries for the period 1990−2018. It adopts pooled mean group (PMG) estimation based on the autoregressive distributed lag model. The PMG estimates indicate that although the coefficient value is small, ICT progress acts as a factor in increasing CO2 emissions in the long run. However, there is no significant short-run relationship between these two variables. Furthermore, economic growth increases CO2 emissions in the short and long run. The expansion of renewable electricity and trade openness reduces CO2 emissions in the long run. To mitigate the CO2 emissions originating from ICT, energy-saving technologies that use ICT as an energy management system should be further enhanced. The expansion of renewable electricity and the promotion of trade openness will also contribute to the mitigation of CO2 emissions in this region.
This study examines the relationships between information and communication technology (ICT) usage and CO2 emissions considering economic growth, trade openness, and renewable electricity in the Organization for Economic Co-operation and Development countries for the period 1990−2018. It adopts pooled mean group (PMG) estimation based on the autoregressive distributed lag model. The PMG estimates indicate that although the coefficient value is small, ICT progress acts as a factor in increasing CO2 emissions in the long run. However, there is no significant short-run relationship between these two variables. Furthermore, economic growth increases CO2 emissions in the short and long run. The expansion of renewable electricity and trade openness reduces CO2 emissions in the long run. To mitigate the CO2 emissions originating from ICT, energy-saving technologies that use ICT as an energy management system should be further enhanced. The expansion of renewable electricity and the promotion of trade openness will also contribute to the mitigation of CO2 emissions in this region.
Record ID
Keywords
CO2 emissions, gross domestic product, information and communication technology, pooled mean group, Renewable and Sustainable Energy, trade openness
Subject
Suggested Citation
Kim S. The Effects of Information and Communication Technology, Economic Growth, Trade Openness, and Renewable Energy on CO2 Emissions in OECD Countries. (2023). LAPSE:2023.14271
Author Affiliations
Kim S: College of Business Management, Hongik University, Sejong 30016, Korea [ORCID]
Journal Name
Energies
Volume
15
Issue
7
First Page
2517
Year
2022
Publication Date
2022-03-29
ISSN
1996-1073
Version Comments
Original Submission
Other Meta
PII: en15072517, Publication Type: Journal Article
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LAPSE:2023.14271
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https://doi.org/10.3390/en15072517
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Mar 1, 2023
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