IDEAS home Printed from https://ideas.repec.org/a/ani/irdjoe/v4y2022i3p517-526.html
   My bibliography  Save this article

Relationship between Information and Communication Technologies and Sustainable Development: Fresh Evidence from Group of Seven (G-7) Countries

Author

Listed:
  • Sobia Hanif

    (Ph.D. Scholar, Department of Economics, The Islamia University of Bahawalpur, Pakistan)

  • Abou Bakar

    (Professor, Institute of Business Management and Administrative Sciences, The Islamia University of Bahawalpur, Pakistan)

  • Muhammad Atif Nawaz

    (Associate Professor, Department of Economics, The Islamia University of Bahawalpur, Pakistan)

Abstract

There is ongoing discussion about the use of information and communication technologies (ICT) to promote sustainable development. While one side fiercely advocates using ICT technologies to drive and carry out sustainable development, others passionately struggle to highlight their many drawbacks. The present study adds to ongoing discussion by estimating the effect of ICT on sustainable development in G-7 economies over 1995-2020 period, which is an unreached area in the literature. The study also holds its novelty by considering Adjusted Net Savings (ANS) for measurement of sustainable development. As cross sectional dependence (CSD) and slope heterogeneity are present in data, second-generation panel estimation technique Cross sectional Augmented Distributed Lag Model (CS-ARDL) is used for the long run and the short run estimation. The findings assert that ICT technologies have positive effect on sustainable development in G-7 countries. In addition, the study also finds the positive contribution of renewable energy and negative contribution on non-renewable energy in sustainable development of the selected countries. The study recommends the governments to adopt effective policies to implement and improve infrastructure quality in terms of digital technologies to achieve sustainable development in selected economies.

Suggested Citation

  • Sobia Hanif & Abou Bakar & Muhammad Atif Nawaz, 2022. "Relationship between Information and Communication Technologies and Sustainable Development: Fresh Evidence from Group of Seven (G-7) Countries," iRASD Journal of Economics, International Research Alliance for Sustainable Development (iRASD), vol. 4(3), pages 517-526, September.
    • Handle: RePEc:ani:irdjoe:v:4:y:2022:i:3:p:517-526
    DOI: 10.52131/joe.2022.0403.0096
    as

    Download full text from publisher

    File URL: https://journals.internationalrasd.org/index.php/joe/article/view/1115/671
    Download Restriction: no
    File URL: https://journals.internationalrasd.org/index.php/joe/article/view/1115
    Download Restriction: no
    File URL: https://libkey.io/10.52131/joe.2022.0403.0096?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
    ---><---

    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:ani:irdjoe:v:4:y:2022:i:3:p:517-526. 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: Dr. Muhammad Abrar ul Haq (email available below). General contact details of provider: https://journals.internationalrasd.org/index.php/joe/index .

    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.