Can information and communication technology and institutional quality help mitigate climate change in E7 economies? An environmental Kuznets curve extension

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dc.authorscopusid57216591351
dc.authorscopusid57219594177
dc.authorscopusid57193455217
dc.authorscopusid55489726500
dc.contributor.authorGyamfi, Bright Akwasi
dc.contributor.authorAmpomah, Asiedu B.
dc.contributor.authorBekun, Festus V.
dc.contributor.authorAsongu, Simplice A.
dc.date.accessioned2024-09-11T19:58:23Z
dc.date.available2024-09-11T19:58:23Z
dc.date.issued2022
dc.departmentİstanbul Gelişim Üniversitesien_US
dc.description.abstractUnderstanding the role of information communication and technology (ICT) in environmental issues stemming from extensive energy consumption and carbon dioxide emission in the process of economic development is worthwhile both from policy and scholarly fronts. Motivated on this premise, the study contributes to the rising studies associated with the roles of economic growth, institutional quality and information and communication technology (ICT) have on CO2 emission in the framework of the 21st Conference of the Parties (COP21) on climate convention in Paris. Obtaining data from the emerging industrialized seven (E7) economies (China, India, Indonesia, Russia, Mexico, Brazil and Turkey) covering annual frequency from 1995 to 2016 for our analysis achieved significant outcome. From the empirical analysis, economic globalization and renewable energy consumption both reduce CO2 emissions while ICT, institutional quality and fossil fuel contribute to the degradation of the environment. This study affirms the presence of an environmental Kuznets curve (EKC) phenomenon which shows an invented U-shaped curve within the E7 economies. On the causality front, both income and its square have a feedback causal relationship with carbon emissions while economic globalization, institutional quality, ICT and clean energy all have a one-way directional causal relationship with CO2 emissions. Conclusively, the need to reduce environmental degradation activities should be pursued by the blocs such as tree planting activities to mitigate the effect of deforestation. Furthermore, the bloc should shift from the use of fossil-fuel and leverage on ICT to enhance the use of clean energy which is environmentally friendly. © 2022, The Author(s).en_US
dc.identifier.doi10.1186/s40008-022-00273-9
dc.identifier.issn2193-2409en_US
dc.identifier.issue1en_US
dc.identifier.scopus2-s2.0-85138143891en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.urihttps://doi.org/10.1186/s40008-022-00273-9
dc.identifier.urihttps://hdl.handle.net/11363/8455
dc.identifier.volume11en_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherSpringer Science and Business Media Deutschland GmbHen_US
dc.relation.ispartofJournal of Economic Structuresen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.snmz20240903_Gen_US
dc.subjectCarbon reduction; E7 economies; Economic globalization; Environmental sustainability; ICT; Institutional quality; Panel econometrics; Renewable energy transitionen_US
dc.titleCan information and communication technology and institutional quality help mitigate climate change in E7 economies? An environmental Kuznets curve extensionen_US
dc.typeArticleen_US

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