The Effects of Information and Communication Technology, Economic Growth, Trade Openness, and Renewable Energy on CO 2 Emissions in OECD Countries

Suyi Kim
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Suyi Kim: College of Business Management, Hongik University, Sejong 30016, Korea

Energies, 2022, vol. 15, issue 7, 1-15

Abstract: This study examines the relationships between information and communication technology (ICT) usage and CO 2 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 CO 2 emissions in the long run. However, there is no significant short-run relationship between these two variables. Furthermore, economic growth increases CO 2 emissions in the short and long run. The expansion of renewable electricity and trade openness reduces CO 2 emissions in the long run. To mitigate the CO 2 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 CO 2 emissions in this region.

Keywords: information and communication technology; gross domestic product; CO 2 emissions; trade openness; renewable energy; pooled mean group (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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