The Impact of Product Distribution and Information Technology on Carbon Emissions and Economic Growth: Empirical Evidence in Korea

Journal of Asian Finance, Economics and Business, Vol. 1, No. 3, pp. 17-28. DOI: 10.13106/jafeb.2014.vol1.no3.17

12 Pages Posted: 15 Nov 2015 Last revised: 18 Dec 2017

See all articles by Jung Wan Lee

Jung Wan Lee

Boston University - Department of Administrative Sciences

Date Written: August 30, 2014

Abstract

The paper deals with the impact of the product distribution and information technology sectors on energy resource use, carbon emissions and economic growth by examining the long-run equilibrium relationships and Granger causal relationships among these variables in South Korea. The quarterly time series data from the first quarter of 1970 to the third quarter of 2010 (163 observations) are collected and retrieved from the Bank of Korea database. The paper examines the long-run equilibrium relationships using cointegration techniques and Granger causality using vector error correction models. Test results indicate a long-run equilibrium relationship exists among these variables. In testing directional causality, both the product distribution and the information technology sectors show direct effects on economic growth but only marginal effects on carbon emissions.

Keywords: energy resources, product distribution, information technology, carbon emissions, economic growth, Korea

JEL Classification: L81, O44, O53, Q48, Q55

Suggested Citation

Lee, Jung Wan, The Impact of Product Distribution and Information Technology on Carbon Emissions and Economic Growth: Empirical Evidence in Korea (August 30, 2014). Journal of Asian Finance, Economics and Business, Vol. 1, No. 3, pp. 17-28. DOI: 10.13106/jafeb.2014.vol1.no3.17. Available at SSRN: https://ssrn.com/abstract=2690454

Jung Wan Lee (Contact Author)

Boston University - Department of Administrative Sciences ( email )

808 Commonwealth Avenue
Boston, MA 02215
United States
617 358 5627 (Phone)
617 353 6840 (Fax)

HOME PAGE: http://www.bu.edu/met

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