Digital economy and coal consumption in emerging Asian economies
Abstract This paper examines the relationship between digital economic indicators and coal consumption in 15 Asian emerging countries from 2005 to 2021 using the CS-ARDL approach. The findings indicate that e-banking payments significantly drive coal consumption, while high-tech imports negatively c...
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| Format: | Article |
| Language: | English |
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Springer Nature
2025-02-01
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| Series: | Humanities & Social Sciences Communications |
| Online Access: | https://doi.org/10.1057/s41599-025-04445-3 |
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| _version_ | 1823862698092265472 |
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| author | Minjing Zhu Lei Zhu |
| author_facet | Minjing Zhu Lei Zhu |
| author_sort | Minjing Zhu |
| collection | DOAJ |
| description | Abstract This paper examines the relationship between digital economic indicators and coal consumption in 15 Asian emerging countries from 2005 to 2021 using the CS-ARDL approach. The findings indicate that e-banking payments significantly drive coal consumption, while high-tech imports negatively correlate with it, suggesting enhanced productivity and energy efficiency. In contrast, ICT expenditure is positively associated with coal consumption due to its energy-intensive nature. The inflation rate inversely affects coal consumption, indicating economic instability, while GDP growth is positively related, fueled by increased economic activity and urbanization. The study recommends prioritizing initiatives to boost high-tech imports and address the positive links between e-banking payments and ICT expenditure. Additionally, encouraging investments in renewable energy sources and clean technology can promote sustainable economic growth and reduce coal dependence. |
| format | Article |
| id | doaj-art-e703811f07124637a8dfdbe815999b6b |
| institution | Kabale University |
| issn | 2662-9992 |
| language | English |
| publishDate | 2025-02-01 |
| publisher | Springer Nature |
| record_format | Article |
| series | Humanities & Social Sciences Communications |
| spelling | doaj-art-e703811f07124637a8dfdbe815999b6b2025-02-09T12:26:02ZengSpringer NatureHumanities & Social Sciences Communications2662-99922025-02-011211910.1057/s41599-025-04445-3Digital economy and coal consumption in emerging Asian economiesMinjing Zhu0Lei Zhu1Institute of Social Research, Guangzhou Academy of Social SciencesSchool of Human Resources, Guangdong University of Finance & EconomicsAbstract This paper examines the relationship between digital economic indicators and coal consumption in 15 Asian emerging countries from 2005 to 2021 using the CS-ARDL approach. The findings indicate that e-banking payments significantly drive coal consumption, while high-tech imports negatively correlate with it, suggesting enhanced productivity and energy efficiency. In contrast, ICT expenditure is positively associated with coal consumption due to its energy-intensive nature. The inflation rate inversely affects coal consumption, indicating economic instability, while GDP growth is positively related, fueled by increased economic activity and urbanization. The study recommends prioritizing initiatives to boost high-tech imports and address the positive links between e-banking payments and ICT expenditure. Additionally, encouraging investments in renewable energy sources and clean technology can promote sustainable economic growth and reduce coal dependence.https://doi.org/10.1057/s41599-025-04445-3 |
| spellingShingle | Minjing Zhu Lei Zhu Digital economy and coal consumption in emerging Asian economies Humanities & Social Sciences Communications |
| title | Digital economy and coal consumption in emerging Asian economies |
| title_full | Digital economy and coal consumption in emerging Asian economies |
| title_fullStr | Digital economy and coal consumption in emerging Asian economies |
| title_full_unstemmed | Digital economy and coal consumption in emerging Asian economies |
| title_short | Digital economy and coal consumption in emerging Asian economies |
| title_sort | digital economy and coal consumption in emerging asian economies |
| url | https://doi.org/10.1057/s41599-025-04445-3 |
| work_keys_str_mv | AT minjingzhu digitaleconomyandcoalconsumptioninemergingasianeconomies AT leizhu digitaleconomyandcoalconsumptioninemergingasianeconomies |