IDEAS home Printed from https://ideas.repec.org/a/taf/oaefxx/v11y2023i1p2197694.html
   My bibliography  Save this article

The moderating role of ICT on the relationship between foreign direct investment and the quality of environment in selected African countries

Author

Listed:
  • Aminu Hassan Jakada
  • Suraya Mahmood
  • Umar Ahmad Ali
  • Danmaraya Ismail Aliyu

Abstract

This empirical study examines the role of information and communication technology (ICT) in the relationship between FDI and environmental quality for six leading African economies from 1970 to 2020. The second-generation tests are used to determine the stationarity level of the variables. Furthermore, the Westerlund panel cointegration test confirms cointegration among the variables. For long-run association, CS-ARDL, which resolved the consequences of heterogeneity and cross-sectional dependency is used. The results of the study reveal that ICT, FDI, economic growth, and financial development degrade environmental quality. The interacting effect of ICT and FDI (ICT*FDI) leads to escalation of CO2 emissions thereby deteriorating the quality of the environment. The study recommends that African countries should promote FDI to support the inflow of green technologies to enhance environmental quality. The implementation of environmentally sustainable technology would help improve the quality of the environment, increase sustainability in the long term and conserve resources for future generation.

Suggested Citation

  • Aminu Hassan Jakada & Suraya Mahmood & Umar Ahmad Ali & Danmaraya Ismail Aliyu, 2023. "The moderating role of ICT on the relationship between foreign direct investment and the quality of environment in selected African countries," Cogent Economics & Finance, Taylor & Francis Journals, vol. 11(1), pages 2197694-219, December.
    • Handle: RePEc:taf:oaefxx:v:11:y:2023:i:1:p:2197694
    DOI: 10.1080/23322039.2023.2197694
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/23322039.2023.2197694
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/23322039.2023.2197694?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Leonid Taraniuk & Renata Korsakiene & Karina Taraniuk, 2023. "Management of green investment of countries in terms of their technological development," Technology audit and production reserves, PC TECHNOLOGY CENTER, vol. 3(4(71)), pages 42-47, June.
    2. Benomar Ikram & Ababou Mariame, 2024. "Green Growth or Economic Gain? Assessing Environmental Efficiency Using Data Envelopment Analysis: Case of Africa," International Journal of Energy Economics and Policy, Econjournals, vol. 14(4), pages 426-433, July.
    3. Kamel Touati & Ousama Ben-Salha, 2024. "Reconsidering the Long-Term Impacts of Digitalization, Industrialization, and Financial Development on Environmental Sustainability in GCC Countries," Sustainability, MDPI, vol. 16(9), pages 1-16, April.
    4. Ha Junsheng & Yuning Mu & Muhammad Mehedi Masud & Rulia Akhtar & Abu Naser Mohammad Saif & K. M. Anwarul Islam & Nusrat Hafiz, 2024. "Navigating the nexus: unraveling technological innovation, economic growth, trade openness, ICT, and CO2 emissions through symmetric and asymmetric analysis," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-13, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:oaefxx:v:11:y:2023:i:1:p:2197694. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/OAEF20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.