ICT, Co2 Emissions and Economic Growth: Evidence from a Panel of ASEAN
Global Economic Review, Vol. 43, No. 2, pp. 93-109. DOI: 10.1080/1226508X.2014.917803
Posted: 15 Nov 2015 Last revised: 22 Dec 2017
Date Written: June 30, 2014
This study examines relationships among information communications technology (ICT), CO2 emissions and economic growth. The panel annual data is constructed from 1991 to 2009 for nine members from the Association of Southeast Asian Nations (ASEAN). The paper examines the long-run equilibrium relationship using cointegration techniques and the short-run relationships using cointegrating regression estimation methods. Test results indicate a long-run equilibrium relationship exists among these variables. Among these relationships, ICT shows significant to highly significant positive effects on both economic growth and CO2 emissions. A significant to highly significant inverse bidirectional relationship between economic growth and CO2 emissions are found in the region. Based on these empirical findings, further policy implications for economic growth, ICT and CO2 emissions are discussed.
Keywords: information communications technology, CO2 emissions, economic growth, panel data analysis, cointegrating regression analysis, ASEAN
JEL Classification: C33, O44, O53, Q58
Suggested Citation: Suggested Citation