Digital Knowledge as Power: Enhancing Sustainability in Natural Resource Use
Laxmi Raj Bhatta ()
The European Journal of Applied Economics, 2026, vol. 23, issue 2, 145-160
Abstract:
This study presents a comparative analysis of how natural resource consumption and information resource utilization impact economic development. The primary objective is to examine data related to climate change, CO₂ emissions, and GDP growth rate to assess the effects of natural resource exploitation. Simultaneously, digital transformation is evaluated using metrics such as internet penetration and CO₂ emissions, highlighting the dynamic evolution of information resources. For analysis, unsupervised machine learning techniques (k-means clustering) were used to derive the results. The data showed a positive relationship between CO₂ emissions and global GDP across different country clusters. Similarly, the relationship between CO₂ emissions and internet usage varies across different groups. Luxembourg and Hungary were examined separately to study this relationship. Both analyses revealed an inverse correlation between CO₂ emissions and internet users, indicating that increased internet usage does not lead to higher CO₂ emissions. Therefore, a new sustainable growth pathway is likely to promote a knowledge-based economy in the future. Further research is needed to confirm these findings.
Keywords: natural resources; informational resources; digital economy; CO₂ emissions; economic growth. (search for similar items in EconPapers)
Date: 2026
References: Add references at CitEc
Citations:
Downloads: (external link)
https://journal.singidunum.ac.rs/paper/digital-kno ... natural-resource-use (text/html)
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:sng:ejae01:267
DOI: 10.5937/EJAE23-63257
Access Statistics for this article
More articles in The European Journal of Applied Economics from Singidunum University, Belgrade
Bibliographic data for series maintained by EJAE Editorial Office ().