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

Year: 2021

Type: conference-paper

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.

Source: Proceedings of International Exchange and Innovation Conference on Engineering & Sciences (IEICES)

DOI: 10.5109/4738553

Authors: Shahadat Hosan, Shamal Chandra Karmaker, Md. Matiar Rahman, Md. Azad Uddin, Bidyut Baran Saha

Institutions: Kyushu University, International Institute for Carbon-Neutral Energy Research, Kyushu University, University of Dhaka, Hiroshima University

Language: English

Topic: Digital Economy and Transformation

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Decent work and economic growth, Affordable and clean energy

Open Access status: green

OpenAlex ID: W4200455243