IDEAS home Printed from https://ideas.repec.org/a/eee/ecolec/v216y2024ics0921800923002914.html
   My bibliography  Save this article

Is the digital economy an effective tool for decreasing energy vulnerability? A global case

Author

Listed:
  • Dong, Kangyin
  • Liu, Yang
  • Wang, Jianda
  • Dong, Xiucheng

Abstract

Energy vulnerability is gaining attention in light of global economic, social, and political conflicts. The digital economy has the potential to become a vital tool in addressing current issues. This paper explores the relationship, mechanisms, and heterogeneity between the digital economy and energy vulnerability for 110 economies by using a generalized method of moments (GMM) model. Our key findings are as follows: (1) The digital economy effectively reduces energy vulnerability, with digital infrastructure and social impact as the main contributors to this effect. (2) The digital economy helps upgrade the industrial structure and the level of financial development, thereby reducing energy vulnerability. (3) Heterogeneity results show that the negative impact of the digital economy on energy vulnerability is more significant in regions with higher income levels, particularly Europe and North America. (4) The level of economic development acts as a practical threshold variable, with the digital economy having a more pronounced negative impact on energy vulnerability at higher threshold levels. These findings provide new development ideas for improving global energy security and energy efficiency, and reducing energy vulnerability.

Suggested Citation

  • Dong, Kangyin & Liu, Yang & Wang, Jianda & Dong, Xiucheng, 2024. "Is the digital economy an effective tool for decreasing energy vulnerability? A global case," Ecological Economics, Elsevier, vol. 216(C).
    • Handle: RePEc:eee:ecolec:v:216:y:2024:i:c:s0921800923002914
    DOI: 10.1016/j.ecolecon.2023.108028
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0921800923002914
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ecolecon.2023.108028?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
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Digital economy; Energy vulnerability; Economic growth; Mechanism test; Threshold test;
    All these keywords.

    JEL classification:

    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • G50 - Financial Economics - - Household Finance - - - General

    Statistics

    Access and download statistics

    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:eee:ecolec:v:216:y:2024:i:c:s0921800923002914. 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: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ecolecon .

    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.