IDEAS home Printed from https://ideas.repec.org/a/gam/jjrfmx/v14y2021i2p59-d491738.html
   My bibliography  Save this article

The Impact of Innovation and Information Technology on Greenhouse Gas Emissions: A Case of the Visegrád Countries

Author

Listed:
  • Radosław Miśkiewicz

    (Faculty of Organisation and Management, Silesian University of Technology, 44-100 Gliwice, Poland)

Abstract

The rapid growth of negative consequences from climate changes provokes divergent effects in all economic sectors. The experts proved that a core catalyst which bootstrapped the climate changes was greenhouse gas emission. This has led to a range of social, economic, and ecological issues. Such issues could be solved by extending innovation and information technology. This paper aimed to check the hypothesis that innovation and information technology allowed for a reduction of greenhouse gas emissions. The author used such methodology as OLS, fully modified OLS (FMOLS), dynamic OLS (DMOLS), Dicky-Fuller and Phillips-Perron tests. The research is informed by the report of the World Economic Forum, World Data Bank, Eurostat for the Visegrád countries (Hungary, Poland, Check Republic, Slovakia) for the period of 2000–2019. The findings were confirmed in models without control variables, and an increase of 1% of patents led to reducing greenhouse gas (GHG) emissions by 0.28% for Poland, 0.28% for Hungary, 0.38% for the Slovak Republic and 0.46% for the Czech Republic. At the same time, for the models with control variables, only Hungary experienced a statistically significant impact. There, an increase of patents by 1% led to reduction of GHG emissions by 0.22%. The variable R&D expenditure was statistically significant for all countries and all types of models (with and without control variables). The increase of R&D expenditure provoked a decline of GHG emissions by 0.29% (without control variables) and 0.11% (with control variables) for Poland, by 0.26% (without control variables) and 0.41% (with control variables) for Hungary, by 0.3% (without control variables) and 0.23% (with control variables) for the Slovak Republic and by 0.54% (without control variables) and 0.38% (with control variables) for the Czech Republic.

Suggested Citation

  • Radosław Miśkiewicz, 2021. "The Impact of Innovation and Information Technology on Greenhouse Gas Emissions: A Case of the Visegrád Countries," JRFM, MDPI, vol. 14(2), pages 1-10, February.
    • Handle: RePEc:gam:jjrfmx:v:14:y:2021:i:2:p:59-:d:491738
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1911-8074/14/2/59/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1911-8074/14/2/59/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Tetyana Vasylieva & Oleksii Lyulyov & Yuriy Bilan & Dalia Streimikiene, 2019. "Sustainable Economic Development and Greenhouse Gas Emissions: The Dynamic Impact of Renewable Energy Consumption, GDP, and Corruption," Energies, MDPI, vol. 12(17), pages 1-12, August.
    2. Kunofiwa Tsaurai, 2020. "Information and Communication Technology, Energy Consumption and Financial Development in Africa," International Journal of Energy Economics and Policy, Econjournals, vol. 10(3), pages 429-437.
    3. Aleksandra Kuzior & Aleksy Kwilinski & Volodymyr Tkachenko & Volodymyr Tkachenko, 2019. "Sustainable development of organizations based on the combinatorial model of artificial intelligence," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(2), pages 1353-1376, December.
    4. Yurii Kharazishvili & Aleksy Kwilinski & Olena Grishnova & Henryk Dzwigol, 2020. "Social Safety of Society for Developing Countries to Meet Sustainable Development Standards: Indicators, Level, Strategic Benchmarks (with Calculations Based on the Case Study of Ukraine)," Sustainability, MDPI, vol. 12(21), pages 1-21, October.
    5. Yuriy Bilan & Dalia Streimikiene & Tetyana Vasylieva & Oleksii Lyulyov & Tetyana Pimonenko & Anatolii Pavlyk, 2019. "Linking between Renewable Energy, CO 2 Emissions, and Economic Growth: Challenges for Candidates and Potential Candidates for the EU Membership," Sustainability, MDPI, vol. 11(6), pages 1-16, March.
    6. Bester Chimbo, 2020. "Energy Consumption, Information and Communication Technology and Economic Growth in an African Context," International Journal of Energy Economics and Policy, Econjournals, vol. 10(4), pages 486-493.
    7. Joanna Mazurkiewicz & Piotr Lis, 2018. "Diversification of energy poverty in Central and Eastern European countries," Virtual Economics, The London Academy of Science and Business, vol. 1(1), pages 26-41, October.
    8. Asongu, Simplice A. & Odhiambo, Nicholas M., 2020. "Foreign direct investment, information technology and economic growth dynamics in Sub-Saharan Africa," Telecommunications Policy, Elsevier, vol. 44(1).
    9. Ibrahim D. Raheem & Aviral K. Tiwari & Daniel Balsalobre-lorente, 2019. "The Role of ICT and Financial Development on CO2 Emissions and Economic Growth," Working Papers of the African Governance and Development Institute. 19/058, African Governance and Development Institute..
    10. Nair, Mahendhiran & Pradhan, Rudra P. & Arvin, Mak B., 2020. "Endogenous dynamics between R&D, ICT and economic growth: Empirical evidence from the OECD countries," Technology in Society, Elsevier, vol. 62(C).
    11. Henryk Dzwigol & Mariola Dzwigol-Barosz & Radosław Miśkiewicz & Aleksy Kwilinski, 2020. "Manager competency assessment model in the conditions of industry 4.0," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(4), pages 2630-2644, June.
    12. Lange, Steffen & Pohl, Johanna & Santarius, Tilman, 2020. "Digitalization and energy consumption. Does ICT reduce energy demand?," Ecological Economics, Elsevier, vol. 176(C).
    13. Sergii Bogachov & Aleksy Kwilinski & Boris Miethlich & Viera Bartosova & Aleksandr Gurnak, 2020. "Artificial intelligence components and fuzzy regulators in entrepreneurship development," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(2), pages 487-499, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Radosław Miśkiewicz, 2020. "Efficiency of Electricity Production Technology from Post-Process Gas Heat: Ecological, Economic and Social Benefits," Energies, MDPI, vol. 13(22), pages 1-15, November.
    2. Oleksii Lyulyov & Tetyana Pimonenko & Aleksy Kwilinski & Henryk Dzwigol & Mariola Dzwigol-Barosz & Vladyslav Pavlyk & Piotr Barosz, 2021. "The Impact of the Government Policy on the Energy Efficient Gap: The Evidence from Ukraine," Energies, MDPI, vol. 14(2), pages 1-13, January.
    3. Yurii Kharazishvili & Aleksy Kwilinski & Oleksandr Sukhodolia & Henryk Dzwigol & Dmytro Bobro & Janusz Kotowicz, 2021. "The Systemic Approach for Estimating and Strategizing Energy Security: The Case of Ukraine," Energies, MDPI, vol. 14(8), pages 1-30, April.
    4. Odhiambo, Nicholas M., 2022. "Information technology, income inequality and economic growth in sub-Saharan African countries," Telecommunications Policy, Elsevier, vol. 46(6).
    5. Oleksii Lyulyov & Ihor Vakulenko & Tetyana Pimonenko & Aleksy Kwilinski & Henryk Dzwigol & Mariola Dzwigol-Barosz, 2021. "Comprehensive Assessment of Smart Grids: Is There a Universal Approach?," Energies, MDPI, vol. 14(12), pages 1-26, June.
    6. Haldar, Anasuya & Sethi, Narayan, 2022. "Environmental effects of Information and Communication Technology - Exploring the roles of renewable energy, innovation, trade and financial development," Renewable and Sustainable Energy Reviews, Elsevier, vol. 153(C).
    7. Tang, Chang & Xue, Yan & Wu, Haitao & Irfan, Muhammad & Hao, Yu, 2022. "How does telecommunications infrastructure affect eco-efficiency? Evidence from a quasi-natural experiment in China," Technology in Society, Elsevier, vol. 69(C).
    8. Odhiambo, Nicholas M., 2022. "Information technology, income inequality and economic growth in sub-Saharan African countries," Telecommunications Policy, Elsevier, vol. 46(6).
    9. Oleksandr Melnychenko, 2021. "Energy Losses Due to Imperfect Payment Infrastructure and Payment Instruments," Energies, MDPI, vol. 14(24), pages 1-20, December.
    10. Charfeddine, Lanouar & Umlai, Mohamed, 2023. "ICT sector, digitization and environmental sustainability: A systematic review of the literature from 2000 to 2022," Renewable and Sustainable Energy Reviews, Elsevier, vol. 184(C).
    11. Radoslaw Miskiewicz, 2022. "Clean and Affordable Energy within Sustainable Development Goals: The Role of Governance Digitalization," Energies, MDPI, vol. 15(24), pages 1-17, December.
    12. Carmen Díaz-Roldán & María del Carmen Ramos-Herrera, 2021. "Innovations and ICT: Do They Favour Economic Growth and Environmental Quality?," Energies, MDPI, vol. 14(5), pages 1-17, March.
    13. Bacha, Radia & Gasmi, Farid, 2022. "The broadband diffusion process and its determinants in Algeria: A simultaneous estimation," TSE Working Papers 22-1309, Toulouse School of Economics (TSE).
    14. Grzegorz Kinelski & Jakub Stęchły & Piotr Bartkowiak, 2022. "Various Facets of Sustainable Smart City Management: Selected Examples from Polish Metropolitan Areas," Energies, MDPI, vol. 15(9), pages 1-23, April.
    15. Usman, Ahmed & Ozturk, Ilhan & Ullah, Sana & Hassan, Ali, 2021. "Does ICT have symmetric or asymmetric effects on CO2 emissions? Evidence from selected Asian economies," Technology in Society, Elsevier, vol. 67(C).
    16. Lingling Zhou & Tao Shi & Qian Zhou, 2023. "Is ICT Development Conducive to Reducing the Vulnerability of Low-Carbon Energy? Evidence from OECD Countries," IJERPH, MDPI, vol. 20(3), pages 1-22, January.
    17. Serhiy Lyeonov & Tetyana Pimonenko & Yuriy Bilan & Dalia Štreimikienė & Grzegorz Mentel, 2019. "Assessment of Green Investments’ Impact on Sustainable Development: Linking Gross Domestic Product Per Capita, Greenhouse Gas Emissions and Renewable Energy," Energies, MDPI, vol. 12(20), pages 1-12, October.
    18. Bai, Ling & Guo, Tianran & Xu, Wei & Liu, Yaobin & Kuang, Ming & Jiang, Lei, 2023. "Effects of digital economy on carbon emission intensity in Chinese cities: A life-cycle theory and the application of non-linear spatial panel smooth transition threshold model," Energy Policy, Elsevier, vol. 183(C).
    19. Zhang, Qianxiao & Shah, Syed Ale Raza & Yang, Ling, 2022. "An Appreciated Response of Disaggregated Energies Consumption towards the Sustainable Growth: A debate on G-10 Economies," Energy, Elsevier, vol. 254(PA).
    20. José Castro Oliveira & Manuel Carlos Nogueira & Mara Madaleno, 2023. "Do the Reduction of Traditional Energy Consumption and the Acceleration of the Energy Transition Bring Economic Benefits to South America?," Energies, MDPI, vol. 16(14), pages 1-15, July.

    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:gam:jjrfmx:v:14:y:2021:i:2:p:59-:d:491738. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.