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Digitalization, Energy Intensity and Economic Growth: A Panel Study on South Asian Economies

Authors :
Shahadat Hosan
null Shamal Chandra Karmaker
null Md. Matiar Rahman
null Md. Azad Uddin
null Bidyut Baran Saha
Source :
Proceedings of International Exchange and Innovation Conference on Engineering & Sciences (IEICES). 7:19-25
Publication Year :
2021
Publisher :
Interdisciplinary Graduate School of Engineering Sciences, Kyushu University, 2021.

Abstract

This study explores how economic development in South Asian countries could be boosted by recognizing potential of digital innovation, and ensuring energy efficiency in an age of digital economy. The relationship between digitalization, energy intensity, and economic growth in South Asian economies has not been well investigated. As a result, the goal of this research is to use advanced econometric approaches to analyze the relationship between these variables for the period of 1995- 2018. The findings imply that digitization boosts economic growth in the countries investigated. Furthermore, energy intensity is inversely related to economic growth. In policy perspective, this study argues that leveraging the benefits of digital innovation in the energy sector will improve long-term economic performance.

Details

Language :
English
ISSN :
24341436
Volume :
7
Database :
OpenAIRE
Journal :
Proceedings of International Exchange and Innovation Conference on Engineering & Sciences (IEICES)
Accession number :
edsair.doi.dedup.....eba8ac3523ca5c6411c4f0191246563b