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The dynamic effect of information and communication technology and renewable energy on CO2 emission: Fresh evidence from panel quantile regression

Yuzhao WenAcademician Laboratory for Urban and Rural Spatial Data Mining, Zhengzhou, ChinaMalik Shahzad ShabbirUniversity of Lahore, Lahore, PakistanMohammad HaseebChina Institute of Development Strategy and Planning, Institute for Region and Urban-Rural Development, Wuhan University, Wuhan, ChinaMustafa KamalDepartment of Basic Sciences, College of Science and Theoretical Studies, Saudi Electronic University, Dammam, Saudi ArabiaAhsan AnwarDepartment of Business Administration, ILMA University, Karachi, PakistanMohammad Faisal KhanDepartment of Basic Science, College of Science and Theoretical Studies, Saudi Electronic University, Riyadh, Saudi ArabiaSummaira MalikDepartment of Economics, COMSATS University Islamabad, Lahore Campus, Lahore, Pakistan
2022en
ABI

Annotatsiya

Over the last few years, the rapid growth of information and communication technologies (ICT) has contributed to every sector of the economy; however, the environmental consequences of ICT should not be overlooked. In doing so, this research investigated the asymmetric impact of ICT, renewable energy consumption (RENE), economic growth (GDP), financial development (FD), and population (POP) on CO 2 emissions (CE) in the MINT countries over the period from 1990 to 2018. For this purpose, this study used STIRPAT and quantile regression. The preliminary outcomes reject the assumption of data normality; therefore, it is very necessary to use the quantile regression (QR), as the QR technique can deal with structural changes, outliers, and data non-normality. The results of QR indicate that ICT reduce carbon emissions across all the quantiles (1st quantile to 9th quantile). Similarly, RENE impedes the carbon emissions across all (1st–9th) quantiles. On the other hand, FD, GDP, and POP increase the carbon emissions across all the quantiles (1st–9th). These outcomes purposed appropriate policy implications for MINT countries.

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