Information and Communications Technology, Economic Growth, and Carbon Emission Levels: The Case of South Korea

Journal of Distribution Science, Vol.10, No.6, pp. 7-15, 2012

10 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

Barry Unger

Boston University - Department of Administrative Sciences

Date Written: June 30, 2012

Abstract

The paper deals with the impact of information and communications technology on carbon emissions and economic growth 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 long-run equilibrium relationships using cointegration techniques and Granger causality with vector error correction models. In directional causality tests, information and communications technology shows highly significant positive effects on economic growth and marginal effect on carbon emissions. Carbon emissions and economic growth exhibit an inverse relationship with each other; that is, carbon emissions have an inverse relation to economic growth and economic growth does not significantly affect carbon emissions in South Korea. We also note possible implications regarding growth policies and the information communications technology and “green” technology sectors for economies in the range represented by Korea’s 1970- 2010 data.

Keywords: green growth, green-tech, environmental management, information communications technology, economic growth, carbon emissions, Korea

JEL Classification: O25, O33, O38, O41, O44

Suggested Citation

Lee, Jung Wan and Unger, Barry, Information and Communications Technology, Economic Growth, and Carbon Emission Levels: The Case of South Korea (June 30, 2012). Journal of Distribution Science, Vol.10, No.6, pp. 7-15, 2012. Available at SSRN: https://ssrn.com/abstract=2690475

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

Barry Unger

Boston University - Department of Administrative Sciences ( email )

United States

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