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The Effects of Information and Communication Technology, Economic Growth, Trade Openness, and Renewable Energy on CO 2 Emissions in OECD Countries

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  • Suyi Kim

    (College of Business Management, Hongik University, Sejong 30016, Korea)

Abstract

This study examines the relationships between information and communication technology (ICT) usage and CO 2 emissions considering economic growth, trade openness, and renewable electricity in the Organization for Economic Co-operation and Development countries for the period 1990–2018. It adopts pooled mean group (PMG) estimation based on the autoregressive distributed lag model. The PMG estimates indicate that although the coefficient value is small, ICT progress acts as a factor in increasing CO 2 emissions in the long run. However, there is no significant short-run relationship between these two variables. Furthermore, economic growth increases CO 2 emissions in the short and long run. The expansion of renewable electricity and trade openness reduces CO 2 emissions in the long run. To mitigate the CO 2 emissions originating from ICT, energy-saving technologies that use ICT as an energy management system should be further enhanced. The expansion of renewable electricity and the promotion of trade openness will also contribute to the mitigation of CO 2 emissions in this region.

Suggested Citation

  • Suyi Kim, 2022. "The Effects of Information and Communication Technology, Economic Growth, Trade Openness, and Renewable Energy on CO 2 Emissions in OECD Countries," Energies, MDPI, vol. 15(7), pages 1-15, March.
    • Handle: RePEc:gam:jeners:v:15:y:2022:i:7:p:2517-:d:782610
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    2. Bai, Jiancheng & Han, Zhiyong & Rizvi, Syed Kumail Abbas & Naqvi, Bushra, 2023. "Green trade or green technology? The way forward for G-7 economies to achieve COP 26 targets while making competing policy choices," Technological Forecasting and Social Change, Elsevier, vol. 191(C).
    3. Xie, Xin & Liu, Yufeng & Jiang, Xiaoxi & Wang, Zi Xuan, 2024. "Natural resources utilization, ICT growth, and renewable energy consumption: Pathways to sustainable development in China," Resources Policy, Elsevier, vol. 89(C).

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