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Renewable energy, information and communication technology, financial development, natural resources, institutional quality, and agricultural productivity in Asian countries

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  • Tinh Tran Phu Do
  • Hue Trinh Hoang Hong
  • Duyen Thi My Thi

Abstract

This study highlights the nexus between renewable energy consumption (REC), information and communication technologies (ICT), financial development (FD), natural resources (NR), institutional quality (IQ), and agricultural productivity (AGP) in 29 Asian countries for the 2000–2021 period. The fully modified least-squares (FMOLS) and dynamic least-squares (DOLS) estimation are used for the empirical analysis. The Driscoll and Kraay estimation (DSK) and the generalised method of moments (GMM) are used for robustness checks. The empirical results indicate that REC, ICT, FD, IQ have a significant positive impact on AGP. Specifically, a unit increase in REC, ICT, FD and IQ lead to a 6.097%, 2.292%, 0.688% and 0.002% points increase in AGP, respectively. Meanwhile, NR has a significant negative influence on AGP. Specifically, a unit increase in NR leads to 0.226% points reduce in AGP, implying that the resource curse persists in Asian countries. The results of the causality test illustrated bidirectional causality between FD, IQ, and AGP. Compared with previous studies in the Asian region, this study provides additional empirical evidence on the impact of REC and ICT on AGP, and the interaction of these two factors on agricultural development in the region. The research results suggest that managers need to issue policies to enhance sustainable AGP through the development of renewable energy sources, the application of ICT in agricultural production, and capital incentives for green projects to promote sustainable agricultural growth for Asian countries.

Suggested Citation

  • Tinh Tran Phu Do & Hue Trinh Hoang Hong & Duyen Thi My Thi, 2026. "Renewable energy, information and communication technology, financial development, natural resources, institutional quality, and agricultural productivity in Asian countries," PLOS ONE, Public Library of Science, vol. 21(8), pages 1-18, August.
    • Handle: RePEc:plo:pone00:0355560
    DOI: 10.1371/journal.pone.0355560
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    References listed on IDEAS

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    1. Chopra, Ritika & Magazzino, Cosimo & Shah, Muhammad Ibrahim & Sharma, Gagan Deep & Rao, Amar & Shahzad, Umer, 2022. "The role of renewable energy and natural resources for sustainable agriculture in ASEAN countries: Do carbon emissions and deforestation affect agriculture productivity?," Resources Policy, Elsevier, vol. 76(C).
    2. Cristina Echevarria, 1998. "A Three-Factor Agricultural Production Function: The Case of Canada," International Economic Journal, Taylor & Francis Journals, vol. 12(3), pages 63-75.
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