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Fast and Sustainable Development in Digital Revolution: An Application of Kuznets Curve

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  • Ly Dai Hung

    (Vietnam Institute of Economics, Hanoi, Vietnam)

Abstract

The paper investigates the fast and sustainable development pattern with the digital revolution by employing the Kuznets curve. The data is a cross-section sample of 180 economies over 1990-2021 time period. The qualitative analysis shows that the Kuznets curve is well-recorded in the literature of income inequality and environmental reservations. And the digital revolution tends to push forward the achievement of social and environmental results. Moreover, the quantitative analysis records that both the social and environmental Kuznets curves exist. And the digital revolution can change the pattern of Kuznets curve in the direction that enhance the fast and sustainable development. The evidence suggests that the digital revoluation is crucial for the fast and sustainable development cross economies around the world. Thus, one possible policy mechanism can be the stimulation of digital revolution so that an economy can first achieve the social Kuznets curve then the environmental Kuznets curve.

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  • Ly Dai Hung, 2022. "Fast and Sustainable Development in Digital Revolution: An Application of Kuznets Curve," Working Papers hal-03863049, HAL.
    • Handle: RePEc:hal:wpaper:hal-03863049
    Note: View the original document on HAL open archive server: https://hal.science/hal-03863049
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    3. Ly Dai Hung, 2022. "Fast and Sustainable Development Space: An Integrated Approach," Journal of Asian Economic Integration, , vol. 4(1), pages 72-91, April.
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