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The Dynamic effects of Foreign Direct Investment Services and Energy Consumption on Information and Communication Technology Sector

Author

Listed:
  • Hira Abdul Rawoof

    (Institute of Business Management, Pakistan.)

  • Laila Refiana Said

    (Lambung Mangkurat University, Banjarmasin, Indonesia)

  • Esma Irmak

    (Higher Vocational School, Cag University, Mersin, Turkey.)

  • Irem Pelit

    (Higher Vocational School, Cag University, Mersin, Turkey.)

  • Malik Shahzad Shabbir

    (Department of Business Administration, Faculty of Management Sciences, ILMA University, Karachi, Pakistan)

Abstract

This study scrutinises the influence of foreign direct investment (FDI) inflows, energy consumption on Information and Communication services (ICTs) in selected economies of South Asia. This research is based on heterogenous and second generation framework of panel data-set from 1999 to 2021. This study used augmented mean group (AMG), mean group (MG), and common correlated effects mean group (CCEMG) assessors, which further promotes the substantial and favourable influence of FDI services, and energy consumption on ICTs. However, the impact of terrorism is insignificant on ICTs in the region of South Asia. The results indicate that economies of these region must embrace investment reform measures in order to draw FDI into the services sector, increase exports of services, and progress towards economic stability.

Suggested Citation

  • Hira Abdul Rawoof & Laila Refiana Said & Esma Irmak & Irem Pelit & Malik Shahzad Shabbir, 2023. "The Dynamic effects of Foreign Direct Investment Services and Energy Consumption on Information and Communication Technology Sector," International Journal of Energy Economics and Policy, Econjournals, vol. 13(5), pages 553-557, September.
    • Handle: RePEc:eco:journ2:2023-05-58
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    FDI; Energy Consumption; ICTs; South Asia; Services Exports;
    All these keywords.

    JEL classification:

    • F3 - International Economics - - International Finance
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance

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