The Role of ICT and Financial Development on CO2 Emissions and Economic Growth

Ibrahim Raheem, Aviral Tiwari and Daniel Balsalobre-lorente ()
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Daniel Balsalobre-lorente: Ciudad Real, Spain

No 19/058, Working Papers from European Xtramile Centre of African Studies (EXCAS)

Abstract: This study explores the role of the information and communication Technology (ICT) and financial development (FD) on both carbon emissions and economic growth for the G7 countries for the period 1990-2014. Using PMG, we found that ICT has a long run positive effect on emissions, while FD is a weak determinant. The interactive term between the ICT and FD produces negative coefficients. Also, both variables are found to impact negatively on economic growth. However, their interactions show they have mixed effects on economic growth (i.e., positive in the short-run and negative in the long-run). Policy implications were designed based on these results.

Keywords: ICT; Financial development; Carbon emissions; Economic growth and G7 countries (search for similar items in EconPapers)
JEL-codes: E23 F21 F30 O16 (search for similar items in EconPapers)
Pages: 25
Date: 2019-01
New Economics Papers: this item is included in nep-ene, nep-env, nep-fdg, nep-gro, nep-ict and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Forthcoming: Environmental Science and Pollution Research

Downloads: (external link)
http://publications.excas.org/RePEc/exs/exs-wpaper ... sions-and-Growth.pdf Revised version, 2019 (application/pdf)

Related works:
Working Paper: The role of ICT and financial development in CO2 emissions and economic growth (2020)
Working Paper: The Role of ICT and Financial Development on CO2 Emissions and Economic Growth (2019)
Working Paper: The Role of ICT and Financial Development on CO2 Emissions and Economic Growth (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:exs:wpaper:19/058

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