scholarly journals The Impact of the Digital Economy on CO2 Emissions: A Theoretical and Empirical Analysis

2021 ◽  
Vol 13 (13) ◽  
pp. 7267
Author(s):  
Xiaoyan Li ◽  
Jia Liu ◽  
Peijie Ni
Keyword(s):  
Greenhouse Gases ◽  
Co2 Emissions ◽  
Fixed Effects ◽  
Industrial Revolution ◽  
Early Stage ◽  
Rapid Development ◽  
Digital Economy ◽  
Kuznets Curve ◽  
Solow Growth Model ◽  
The Impact

Since the Industrial Revolution, human activities have led to the emission of a lot of greenhouse gases, such as carbon dioxide, sharply increasing the concentration of greenhouse gases in the atmosphere and resulting in serious global warming. With the rapid development of computer technology, the digital economy is gradually becoming the engine of economic growth. As a new economic mode, how the digital economy affects the environment is worth studying. In this paper, we introduced the digital economy into the Solow growth model as technological progress and conducted fixed-effects regressions based on the global panel data of 190 countries from 2005 to 2016. We found an inverted U-shaped, non-linear relationship between CO2 emissions and the digital economy, which supports the environmental Kuznets curve (EKC) hypothesis. We suggest that governments need to not only adopt hedging policies to reduce CO2 emissions caused by the digital economy in the early stage but also promote the development of the digital economy to achieve the goal of global collaborative environmental protection.

scholarly journals The Influence of the Development of Digital Economy on the Upgrading of China’s Industrial Structure

2021 ◽  
Vol 235 ◽  
pp. 03062
Author(s):  
Yaling Li
Keyword(s):  
National Economy ◽  
Economic Model ◽  
Industrial Structure ◽  
Rapid Development ◽  
Digital Economy ◽  
The Internet ◽  
Profound Impact ◽  
Internet Development ◽  
The Impact

Nowadays, with the rapid development of the Internet, all walks of life are closely connected with the development of the Internet. Differences in the degree of integration between different industries and the Internet make the leading industries of the national economy constantly change, thus promoting the transformation and upgrading of the industrial structure. The impact of Internet development on the upgrading of industrial structure is not only that the interconnected technologies and platforms change the traditional economic model, but also that the integration of Internet and industry has a profound impact on the industrial structure.

scholarly journals The Impact of Energy Consumption and Economic Growth on Carbon Dioxide Emissions

2020 ◽  
Vol 12 (19) ◽  
pp. 7965
Author(s):  
Oluyomi A. Osobajo ◽  
Afolabi Otitoju ◽  
Martha Ajibola Otitoju ◽  
Adekunle Oke
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Granger Causality ◽  
Co2 Emissions ◽  
Carbon Dioxide Emissions ◽  
Fixed Effects ◽  
Positive Impact ◽  
Clean Energy ◽  
Cointegration Tests ◽  
The Impact

This study explored the effect of energy consumption and economic growth on CO2 emissions. The relationship between energy consumption, economic growth and CO2 emissions was assessed using regression analysis (the pooled OLS regression and fixed effects methods), Granger causality and panel cointegration tests. Data from 70 countries between 1994–2013 were analysed. The result of the Granger causality tests revealed that the study variables (population, capital stock and economic growth) have a bi-directional causal relationship with CO2 emissions, while energy consumption has a uni-directional relationship. Likewise, the outcome of the cointegration tests established that a long-run relationship exists among the study variables (energy consumption and economic growth) with CO2 emissions. However, the pooled OLS and fixed methods both showed that energy consumption and economic growth have a significant positive impact on CO2 emissions. Hence, this study supports the need for a global transition to a low carbon economy primarily through climate finance, which refers to local, national, or transnational financing, that may be drawn from public, private and alternative sources of financing. This will help foster large-scale investments in clean energy, that are required to significantly reduce CO2 emissions.

scholarly journals Pembangunan Ekonomi, Industrialisasi, dan Degradasi Lingkungan Hidup di Indonesia Tahun 1967-2013: Enviromental Kuznet Curve Model

2019 ◽  
Vol 12 (1) ◽  
Author(s):  
Andi Kurniawan
Keyword(s):  
Economic Development ◽  
Error Correction ◽  
Co2 Emissions ◽  
Environmental Degradation ◽  
Environmental Damage ◽  
Kuznets Curve ◽  
Short Term ◽  
Error Correction Mechanism ◽  
The Impact

Penelitian ini bertujuan mengidentifikasi dampak pembangunan ekonomi dan proses industrialisasi terhadap Degradasi lingkungan di Indonesia baik dalam jangka panjang maupun jangka pendek. Untuk melihat pengaruh pembangunan ekonomi dan industrialisasi terhadap penurunan kualitas lingkungan di Indonesia, penelitian ini menggunakan model Enviromental Kuznet Curve (EKC) dan dengan model Error Correction Mechanism (ECM). Hasil penelitian menjelaskan bahwa dalam jangka panjang peningkatan pendapatan masyarakat dan industrilasasi berpengaruh positif  secara linier terhadap peningkatan emisi C02 dan pada tingkat pendapatan tertentu terjadi proses perbaikan lingkungan yang ditandai dengan penurunan emisi CO2. Namun dalam jangka pendek hanya industrialisasi yeng membrikan pengaruh pada peningkatan emisi CO2. Diharapkan adanya konsesus bersama antara pemerintah dan pelaku usaha (industri) dalam mengurangi dampak pencemaran serta adanya peningkatan kesadaran masyakat dalam membantu mengurangi kerusakan lingkungan hidup.   Abstract This study aims to identify the impact of economic development and industrialization to  the environmental degradation in Indonesia, both in the long term and short term. To see the effect of economic development and industrialization to the environmental degradation in Indonesia, this research was  used Environmental Kuznets Curve (EKC) model and the model of  Error Correction Mechanism (ECM). The results of the study explain that in the long term, improvement of people's income and industrialization have positive effect linearly with the increase in C02 emissions and at a certain income level there is a process improvement environment characterized by a decrease in CO2 emissions. But in the short term only industrialization which influence on the increase of CO2 emissions Expected that the consensus between the government and businesses (industri) in reducing the impact of pollution and the increased awareness of society in helping to reduce environmental damage.    

scholarly journals PERTUMBUHAN PENDUDUK, INFLASI DAN KORUPSI: ANALISIS EMPIRIS ENVIRONMENTAL KUZNETS CURVE (EKC) DI KAWASAN ASEAN PERIODE 2002-2016

2019 ◽  
Vol 1 (3) ◽  
pp. 71
Author(s):  
Muhammad Fajri Setia Trianto ◽  
Evi Yulia Purwanti
Keyword(s):  
Economic Growth ◽  
Population Growth ◽  
Co2 Emissions ◽  
Environmental Kuznets Curve ◽  
Secondary Data ◽  
Gdp Per Capita ◽  
Environmental Damage ◽  
Kuznets Curve ◽  
Per Capita ◽  
The Impact

The economy that continues to grow has the impact of environmental damage. This study aims to prove empirically the Environmental Kuznets Curve (EKC) hypothesis by analyzing the relationship of economic growth with environmental damage as measured by GDP per capita, and CO2 emissions. The data used are secondary data in the form of data on GDP per capita, CO2 emissions, population growth, inflation, and control of corruption in 10 countries in the ASEAN region in 2002-2016. Data analysis using the Fixed Effect model. The results show that there is a relationship between economic growth and environmental damage that forms an inverted U curve. Economic growth will initially have a positive effect on environmental damage so that at a point of economic growth negatively affects environmental damage. By adding control variables: population growth, inflation and corruption, inflation and corruption positively impact environmental damage, while population negatively affect environmental damage.

Historical reconstruction of the earth's past atmospheric environment from Greenland and Antarctic snow and ice cores

1995 ◽  
Vol 3 (1) ◽  
pp. 1-28 ◽  
Author(s):  
Claude F. Boutron
Keyword(s):  
Heavy Metals ◽  
Greenhouse Gases ◽  
Industrial Revolution ◽  
Ice Cores ◽  
Atmospheric Environment ◽  
Ice Caps ◽  
The Past ◽  
Antarctic Snow ◽  
The Impact ◽  
Snow And Ice

During the past decades, the investigation of various elements, species, and isotopes in the frozen atmospheric archives stored in the Greenland and Antarctic ice caps for several hundred thousand years has provided a wealth of fascinating information on past and recent changes in the atmospheric environment of our planet. After a brief description of the Antarctic and Greenland ice caps, we give an overview of the procedures that are used in the field for collecting snow and ice from the surface down to great depths. We discuss the techniques used to date and analyse the samples. The main results obtained to date are then presented, with special emphasis on the very recent. The analysis of the snow and ice layers deposited during the past few centuries, especially since the Industrial Revolution, has allowed us to assess clearly the impact human activity has had on the atmosphere, for important constituents such as heavy metals, sulfur and nitrogen compounds, greenhouse gases, carbon and organic compounds, and artificial radionuclides. The analysis of ancient ice up to several hundred thousand years old has provided unique insight on the past natural changes that affected our atmosphere during glacial–interglacial transitions, especially the temperature, greenhouse gases, soil- and sea-derived aerosols, and heavy metals.Key words: Greenland, Antarctica, ice, global pollution, climate change, heavy metals.

scholarly journals The impact of innovation indicators on increasing exports of high technology products

2021 ◽  
Vol 69 (3-4) ◽  
pp. 31-40
Author(s):  
Ivana Domazet ◽  
Darko Marjanović ◽  
Deniz Ahmetagić ◽  
Milica Bugarčić
Keyword(s):  
Fixed Effects ◽  
Industrial Revolution ◽  
High Technology ◽  
Business Environment ◽  
Fixed Effects Model ◽  
Population Number ◽  
Technology Application ◽  
Technology Products ◽  
Innovation Indicators ◽  
The Impact

Competitiveness of high-technology products (HTP) is more significant on the world market than products of medium and low quality. Increase in the innovation performance should lead to the growth of high technology application in production consequently rising exports of HTP as an important factor in increasing competitiveness. In this paper we wanted to analyze the correlations and conditionality of exports of HTP (share of exports in total country exports) and selected indicators that influence innovation: GDP, R&D costs (research and development cost in four sectors), degree of education of the population, number of researchers (in four sectors) and global innovation index (GII). The main aim was to identify which indicators contributed to the growth of exports of HTP in the analyzed countries (Serbia, Romania, Bulgaria and Hungary) in the observed period of ten years (2009-2018), in order to give certain recommendations on the measures and procedures Serbia should take to increase the level of innovation index and exports of HTP. In this paper, the exports of HTP was analyzed in Serbia, Romania, Bulgaria and Hungary. The influence of the chosen indicators on export of high technology products was analyzed using the POLS model, the fixed effects model and the random effects model. The results indicate that if analyzed countries do not find resources to intensify investment in education and R&D, they will not reach the average EU innovation indicators for many years. Also, it will seriously harm the competitiveness of the economies of the observed countries in the conditions dictated by the modern business environment and the challenges of the fourth industrial revolution (Industry 4.0).

scholarly journals Development of Human Resources in the Digital Environment: Strategic Perspective

2020 ◽  
pp. 152-161
Author(s):  
Anastasia Nikitaeva ◽  
Daria Mikhalkina
Keyword(s):  
Human Resources ◽  
Education System ◽  
Industrial Revolution ◽  
Soft Skills ◽  
Digital Economy ◽  
Educational Process ◽  
Public Authorities ◽  
Hard Skills ◽  
Strategic Perspective ◽  
The Impact

The purpose of this article is to study possible directions and ways of developing human resources for the transition to digital economy using the potential of new technological solutions. The paper demonstrates the relationship of the Fourth industrial revolution and changes in the development of human resources, identifies key areas of the impact of digitalization processes on human resources, including the transformation of the structure of demand in the labor market changing the format of employment of workers and the emergence of new models of work changing the content of work, as well as changing the ratio of the importance of hard skills and soft skills. With this in mind, the important components of developing human resources in digital economy are identified, the emphasis is placed on the role of the education system in this process, covering the following aspects: creating a system of new professions, competencies and standards in correspondence with appropriate educational programs; incorporating innovative educational technologies into the educational process in order to develop a set of soft skills; creating a “smart” education system using intelligent ICT solutions affecting the content and process components of learning as key components of developing human resources. The paper determines the feasibility of implementing the proposed solutions on the basis of the partnership between educational institutions, public authorities and business.

Social and Cultural Sphere and the Development of the Digital Economy

2019 ◽  
Vol 28 (10) ◽  
pp. 97-105
Author(s):  
S. T. Sagitov
Keyword(s):  
Cultural Values ◽  
Industrial Revolution ◽  
New Technologies ◽  
Technological Development ◽  
Digital Technologies ◽  
Digital Economy ◽  
Wave Development ◽  
Science And Education ◽  
Cultural Sphere ◽  
The Impact

Digitalization affects all spheres and processes including socialization of personality, which were out of influence of digital technologies decades ago. At the same time, the science community analyses primarily the impact of digitalization on economy and IT sphere. There are less investigations of the new technologies’ influence on social and cultural sphere. Moreover, the scientists that research the spiritual life of our society leave it by the wayside. The prevailing opinion is that the digital technologies will be an impulse to the cultural Renaissance of Humankind.The article reports that the development of the social and cultural sphere is a critical part of the further technological development of the society. The wave development of the economy including the digital economy, depends on not only technologies, but on the cultural values. The success of the forth industrial revolution and its impact on the development of humankind are totally determined by the development of the culture, science and education.

scholarly journals Individual and Institutional Ownership, Firm Age and Productivity

2021 ◽  
Vol 13 (1) ◽  
pp. 23-41
Author(s):  
Jun Du ◽  
Tomasz Mickiewicz ◽  
Mustapha Douch
Keyword(s):  
Ownership Structure ◽  
Fixed Effects ◽  
Early Stage ◽  
Institutional Ownership ◽  
Relative Advantage ◽  
Firm Level ◽  
Explanatory Variables ◽  
Managerial Implications ◽  
The Individual ◽  
The Impact

Total factor productivity represents a dimension of output that cannot be attributed to factors of production; it is unique to the firm, and central to its competitiveness. We posit that ownership structure plays a key role in productivity. However, ownership structure has an effect on productivity which changes with a firm’s age. Ownership structure that is optimal for new firms may not be optimal for older firms. We here consider the impact of ownership structure as defined by shares of individuals’ versus (broadly defined) institutional ownership. Our empirical counterpart draws on the UK company data for 2008-2017, obtained from the Orbis database. Our key explanatory variables are the joint share of the individual owners in equity and its square, but we also control concentration of ownership indices, along with a range of other firm-level characteristics. Applying fixed effects models along with instrumenting ownership with regional level variables, we found that new companies with majority individual owners and minority institutional owners outperform others. As firms age, however, these differences begin to disappear, with individual owners losing their control-related advantage. The results of the relative advantage of individual owners in the early stage is consistent with the property rights theory, which emphasises that residual control rights should remain with those whose investment is critical. It can be argued, however, that for whom the investment is critical changes as firm ages. Our managerial implications emphasise ownership competence in optimising ownership structure, which should evolve along the stages of the life-cycle of the firm.

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