Investigating The Impact of Ict Developments on the Environment in the Digital Economy and Green Economy in Southeast Asia
DOI:
https://doi.org/10.26668/businessreview/2023.v8i5.1052Keywords:
ICT Developments, Environment, Digital Economy, Green Economy, Southeast AsiaAbstract
Purpose: This study examines information and communication technology's effects on industry revolution 4 on the environment as an effort to develop a digital economy and a green economy in Southeast Asia that is part of the ASEAN organization.
Design/methodology/approach: We use the variables of growth (GDP), green energy, investment in ICT, and the environmental footprint of Southeast Asia in our study. We use secondary data from the Global Footprint Network and the World Bank with a research period from 1990 to 2020. We apply the ARDL technique to determine the relationship between the variables and their direction of causation.
Findings: The impact of ICT on environmental sustainability did not have a significant impact, meaning that the development of information and communication technology is very feasible to be developed to support the green economy as well as the digital economy. Where the use of green energy has a significant negative impact on the ecological footprint which is getting better for environmental sustainability as well as trade openness. Technology shows that technological developments during the research period are increasingly friendly to the environment.
Research, Practical & Social implications: This research provides an overview of the economy and the environment and how to develop a green economy
Originality/value: This study investigates three interrelated sectors, namely digital, environment and economy
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