Assessing the nexus of gross national expenditure, energy consumption, and information & communications technology toward the sustainable environment

Evidence from advanced economies

Bibliographic Data

ID12307674
AuthorsMuddassar Sarfraz (0000-0001-6165-732X, School of Management Zhejiang Shuren University Hangzhou People's Republic of China, corresponding author), Sobia Naseem (0000-0002-4990-5439, School of Finance and Economics Jiangsu University Zhenjiang Jiangsu Province People's Republic of China, corresponding author), Muhammad Mohsin (0000-0002-4723-4184, School of Business Hunan University of Humanities, Science and Technology Loudi Hunan People's Republic of China)
Year2023
Volume31
Issue4
Pages2826-2835
Publication date2023-03-28
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueSustainable Development (JOURNAL)
Journal identifiersISSN: 0968-0802 • E-ISSN: 1099-1719
PublisherWiley (PUBLISHER • GB)
DOI10.1002/sd.2550
OpenAlexW4361213832
LanguageEN
Citations received2
References cited39

The quantity of carbon dioxide in the atmosphere rises yearly because human activities emit more of it than the earth's natural processes can absorb. The overall carbon dioxide emissions continue to rise due to development demands. In a panel setting, this paper investigates the link dynamics between gross national spending, energy consumption, information and communications technology, and CO 2 emissions in advanced nations from 2000 to 2020. We employ quantitative sequential approaches, such as DOLS, unit root test, and cointegration techniques, to ensure the coherence and feasibility of the study. Both versions of the estimators show statistically significant effects of gross national expenditure, energy consumption, and Information & Communications Technology on CO 2 emissions. The findings of this paper show that there is a long‐run relationship between independent and dependent variables. The study also shows that rising exports of ICT services, energy consumption, and population need environmental protection and highlight the necessity for environmental regulations that can minimize emissions throughout the country's expansion. Even in advanced nations, climate vulnerability is not automatically reduced by development status but is instead reduced by the right sort of growth

Cointegration · Consumption (sociology · Econometrics · Economics · Energy consumption · Environmental economics · Greenhouse gas · Natural resource economics · Nexus (standard · Sustainable development · Unit root · Climate Change Policy and Economics · Energy, Environment, and Transportation Policies · Energy, Environment, Economic Growth · Engineering

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