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Does Information and Communication Technology and Financial Development Lead to Environmental Sustainability in India? An Empirical Insight
Telematics and Informatics ( IF 7.6 ) Pub Date : 2021-02-28 , DOI: 10.1016/j.tele.2021.101598
Malayaranjan Sahoo , Mohini Gupta , Purwa Srivastava

This paper examines the relationship between CO2 emissions, electricity consumption, financial development, Economic growth, Informational Communication Technology (ICT) from 1990 to 2018 in India. We have applied the structural break co-integration approach like Gregory Hansen approach to check long-term relations between the variables. ARDL bounds testing approach is used to know the long run and short-run elasticity. We find that electricity consumption is positively contributing CO2 emissions or reducing environmental sustainability in India. However, ICT has negative and significantly improving environmental sustainability or reducing emissions when measured in both ICT internet connection (ICTINT) and ICT mobile Phones (ICTMOB). Similarly, financial development and CO2 emissions are negatively related. The result indicates the existence of Environmental Kuznets Curve in India's case. Overall, environmental sustainability achieved in ICT and financial development sectors. Therefore govt. needs to focus more on the stringent policy in electricity production by investing more in the renewable energy sector to curb environmental degradation.



中文翻译:

信息通信技术和金融发展是否会导致印度的环境可持续发展?经验性的见解

本文研究了1990年至2018年印度的CO 2排放,电力消耗,金融发展,经济增长,信息通信技术(ICT)之间的关系。我们已经应用了诸如格雷戈里·汉森(Gregory Hansen)方法之类的结构折断协整方法来检查变量之间的长期关系。ARDL边界测试方法用于了解长期弹性和短期弹性。我们发现,电力消耗在印度积极地促进了CO 2排放或降低了环境的可持续性。但是,以ICT互联网连接(ICT INT)和ICT移动电话(ICT MOB)衡量,ICT具有负面的影响并显着改善了环境的可持续性或减少了排放)。同样,金融发展和CO 2排放也负相关。结果表明在印度案例中存在环境库兹涅茨曲线。总体而言,信息通信技术和金融发展部门实现了环境可持续性。因此政府。需要通过对可再生能源领域进行更多投资来遏制环境恶化,从而将更多注意力放在严格的电力生产政策上。

更新日期:2021-03-01
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