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Globalization and ICT capital endowment: How do they impact on an inclusive Green Growth Index?

Gianluigi De Pascale and Anna Romagno

Structural Change and Economic Dynamics, 2024, vol. 69, issue C, 463-474

Abstract: This study investigates the contribution that digital transformation and globalization have made to inclusive, green economic growth. We construct an inclusive green growth index leveraging 28 variables accounting for economic, environmental and social performances. By exploiting a dataset of 95 countries and spanning from 2010 and 2020, we regress the inclusive green growth index on variables capturing investments in digital technologies and the degree of trade and capital openness. Findings show that while globalization does not have strong and significant relevance for inclusive green economic growth, investments in digital technologies are beneficial. However, this evidence does not hold for high income countries.

Keywords: IGGI; Green growth; Globalization; ICTs (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:streco:v:69:y:2024:i:c:p:463-474

DOI: 10.1016/j.strueco.2024.03.003

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