Innovations and ICT: Do They Favour Economic Growth and Environmental Quality?
Carmen Diaz-Roldan () and
María del Carmen Ramos-Herrera ()
Additional contact information
María del Carmen Ramos-Herrera: Department of Economic Analysis: Economic Theory, Autonomous University of Madrid Cantoblanco, 28049 Madrid, Spain
Energies, 2021, vol. 14, issue 5, 1-17
In this paper, we examine whether innovation and information and communication technology (ICT) contribute to reducing producer prices, thus promoting economic growth. We also check whether the contributions of ICT enhance environmental quality, leading to sustainable economic growth. To this end, we apply panel data techniques to the 27 EU countries over the period of recovery from the financial crisis. Our results suggest that technological progress leads to a significant reduction in producer prices. Moreover, controlling for some macroeconomics factors, ICT fosters per capita economic growth in the European countries. Finally, we found that the higher the ICT employment is, the lower greenhouse gas emissions are.
Keywords: ICT; economic growth; environmental quality; GHG emissions; Q55; F43; C23 (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:14:y:2021:i:5:p:1431-:d:511424
Access Statistics for this article
Energies is currently edited by Mr. Addison Su
More articles in Energies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().