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Moderating Role of Knowledge-Sharing on the Nexus of Digital Business and Natural Resources

Author

Listed:
  • Le Thanh Ha

    (National Economics University)

  • Pham Thi Ngoc Hanh

    (National Economics University)

  • Nguyen Thi Thu Hang

    (National Economics University)

  • Hoang Dang Khanh

    (National Economics University)

  • Le Lan Phuong

    (National Economics University)

  • Hoang Hop

    (National Economics University)

Abstract

This study conducts an empirical analysis of the effects of the procedure of transforming digital on natural resource rents in the private and public sectors. In our paper, we analyze the changes in total natural rents (rents from coal, mineral, natural gas, and forest) by digital businesses (e-commerce, involving shopping online, turnovers e-commerce, trading on e-commerce web, and business electronically, involving the use of customer relationship management (CRM), and cloud usage). From 2011 to 2019, a sample of 26 countries from the European Union was examined using various econometric approaches. Our estimation results demonstrate that digital businesses cause a rise in overall natural rents. More precisely, the rents for coal and gas appear to be more influenced by an enterprise’s integration of digital technologies. On the other hand, digitalization in the business sector tends to lower coal rents and mineral and woodland rents. Notably, knowledge-sharing is the most crucial component to promote the efficiency of digitalization in preventing natural rent-seeking.

Suggested Citation

  • Le Thanh Ha & Pham Thi Ngoc Hanh & Nguyen Thi Thu Hang & Hoang Dang Khanh & Le Lan Phuong & Hoang Hop, 2024. "Moderating Role of Knowledge-Sharing on the Nexus of Digital Business and Natural Resources," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 408-434, March.
    • Handle: RePEc:spr:jknowl:v:15:y:2024:i:1:d:10.1007_s13132-022-01091-x
    DOI: 10.1007/s13132-022-01091-x
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    More about this item

    Keywords

    Digital business; Digital public services; Natural rents; Economic complexity; European countries;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models

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