Digitalization and carbon footprint: Building a path to a sustainable economic growth

Marinko Skare, Beata Gavurova and Malgorzata Porada-Rochon

Technological Forecasting and Social Change, 2024, vol. 199, issue C

Abstract: Digitalization is a primary driver of sustainable development. We investigate the impact of digitalization on the carbon footprints of the (national) government sector, households, enterprises, non-governmental organizations, and imported carbon footprints. We use panel data analysis to study the link between digitalization and sustainable economic growth by monitoring digital carbon footprint patterns. Our study results show that digitalization has a positive and statistically significant impact on sustainability development measured by the sustainable development goals (SDG). Furthermore, our results support the hypothesis that advancing total factor productivity, referring to green total factor productivity, is critical for meeting SDGs. Notably, we determine that the ecological footprint across sectors and countries is diverging, or at best, slowly converging at a pace that is not even close to that required to meet the 2030 SDGs. Therefore, policymakers and practitioners must strategically revise sustainability policies to ensure industrial and economic transition and adaptability to climate change and advance economic green growth and sustainable development.

Keywords: Digitalization; Carbon footprint; Economic growth; Sustainability; Sustainable development goals (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0040162523007308
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:199:y:2024:i:c:s0040162523007308

DOI: 10.1016/j.techfore.2023.123045

Access Statistics for this article

Technological Forecasting and Social Change is currently edited by Fred Phillips

More articles in Technological Forecasting and Social Change from Elsevier
Bibliographic data for series maintained by Catherine Liu ().