Artificial intelligence’s (AI’s) role in enhancing tax revenue, institutional quality, and economic growth in selected BRICS-plus countries

Journal of Social and Economic Development, Journal Year: 2025, Volume and Issue: unknown

Published: Jan. 13, 2025

Abstract The BRICS countries, comprising Brazil, Russia, India, China, and South Africa, aim to achieve United Nations Sustainable Development Goal 8, which emphasizes sustainable economic growth. This study adds the empirical literature by examining impact of tax revenue institutional quality on growth, incorporating role artificial intelligence (AI) in selected BRICS-Plus countries (the above-mentioned five countries) from 2012 2022. Utilizing innovative Cross-Sectional Augmented Autoregressive Distributed Lag estimation technique, analysis reveals a long-run equilibrium relationship among variables. employs modified Cobb–Douglas production function for its theoretical framework. results indicate bidirectional causality between AI, growth quality, as well revenue. Based these findings, recommends that governments policymakers enhance integration AI into systems promote both short long terms. However, it also advises caution regarding interaction did not support While shows promise fostering robust measures are necessary mitigate potential negative effects AI’s with quality. Consequently, advocates development AI-friendly policies considering dynamic rapidly evolving sector.

Language: Английский

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ICT-Driven Strategies for Enhancing Energy Efficiency in G20 Economies: Moderating the Role of Governance in Achieving Environmental Sustainability

Energies, Journal Year: 2025, Volume and Issue: 18(3), P. 685 - 685

Published: Feb. 2, 2025

Achieving environmental sustainability has become a global priority, with energy efficiency (EE) emerging as critical pathway. This study examines the influence of information and communication technology service exports (ICT) on EE by integrating moderating role regulatory quality. We employ super-slack-based measure (Super-SBM) generalized least squares models in G20 economies throughout 2001–2023. The findings show that average is 0.855, which indicates potential for further improvement 14.50%. ICT positively related to EE, quality delivers conducive environment adoption technologies optimize usage. also indicate synergistic effect between quality, can lead substantial improvements emphasizing importance governance facilitating technological advancements. highlight renewable economic openness shaping EE. Furthermore, Argentina South Africa achieved highest reflecting their proximity efficient frontier. In robust tests, this verifies its results using method moments, panel-corrected standard error, feasible models. suggest perspectives provide valuable insights policymakers aiming enhance through digital transformation institutional reforms.

Language: Английский

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Investigating the Role of Financial Development in Mitigating Carbon Emissions across Diverse Financial Economies

SSRN Electronic Journal, Journal Year: 2025, Volume and Issue: unknown

Published: Jan. 1, 2025

The growing emphasis on Sustainable Development Goals (SDGs) and Environmental, Social, Governance (ESG) criteria has intensified interest in understanding how financial development influences carbon emissions. Theoretical empirical literature sparked debate the connection between two. Does truly impact emissions? This study delves into this question by incorporating three crucial dimensions. Firstly, adopts a comprehensive measure of development, encompassing depth, efficiency, accessibility both institutions markets. Secondly, paper examines these relationships vary across different levels development. Thirdly, through employing pooled mean group (PMG) methodology, investigates while allowing for short-term adjustments. Using panel data from 82 countries covering period 1990 to 2019, findings reveal that with advanced systems can reduce emissions improving access In contrast, lower achieve reductions enhancing institution market efficiency. For moderate stage services alone Overall, suggest country's capacity enact effective policies within its system hinges level

Language: Английский

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Investigating the role of financial development in mitigating carbon emissions across diverse financial economies

Economic Change and Restructuring, Journal Year: 2025, Volume and Issue: 58(1)

Published: Jan. 11, 2025

Language: Английский

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Asymmetric Impacts of Environmental Policy, Financial, and Trade Globalization on Ecological Footprints: Insights from G9 Industrial Nations

Sustainability, Journal Year: 2025, Volume and Issue: 17(4), P. 1568 - 1568

Published: Feb. 14, 2025

This study investigates the effects of financial globalization, trade and information communication technology on ecological footprint in G9 industrial economies (China, United States, Japan, Germany, India, South Korea, Italy, France, Kingdom) from 2000Q1 to 2018Q4. A distinctive Method Moments Quantile Regression (MMQR) model was employed analyze these relationships, Bootstrap (BSQR) used validate results. The findings reveal that globalization (FG), environmental tax (ETAX), institutional quality (IQ) contribute environmentally sustainable development by reducing (ECOFP). In contrast, (ICT), gross domestic product (GDP) have a significant positive impact footprint, leading increased degradation. BSQR results corroborate findings, confirming roles quality, tax, technology, shaping footprint. Based results, policymakers nations should promote as tool reduce encouraging green financing investments. For stricter regulations practices are essential mitigate its adverse effects. Also, efforts minimize focus integrating renewable energy into ICT infrastructure advancing innovations.

Language: Английский

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Towards a Sustainable Future: The Interplay of Trade Globalization and Regulatory Quality on Environmental Outcomes in India

Sustainable Futures, Journal Year: 2025, Volume and Issue: unknown, P. 100578 - 100578

Published: March 1, 2025

Language: Английский

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Analyzing banking sector development and renewable energy consumption impact on load capacity factor in Sudan

Discover Energy, Journal Year: 2024, Volume and Issue: 4(1)

Published: Aug. 26, 2024

This study delves into the impact of banking sector development (BSD), renewable energy consumption (REC) and economic growth (EG) on environmental quality (EQ), using load capacity factor (LCF) in Sudan. Utilizing time series data from 1990 to 2018 Autoregressive Distributed Lag (ARDL) method, this research aims explore both short-term long-term dynamics, cointegration, provide a detailed understanding these relationships. The study's primary objective is elucidate effects BSD, REC, EG Sudan's EQ through LCF metric test Load Capacity Curve (LCC) hypothesis. results indicate that squared values per capita GDP (long-term) REC (short- long-term) contribute an increase LCF, thereby enhancing EQ,while BSD negatively affect EQ, thus confirming LCC Sudan authorities are urged prioritize environmentally friendly policies, sustainable urban development, transition sources. However, revelation diminishes sustainability suggests reevaluation financial sector's role. Encouraging green technologies could amplify mitigate degradation, enabling create environment by promoting investments while curbing expansion. provides critical framework for policymakers strategies balance with ecological preservation, ensuring sustainability.

Language: Английский

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Navigating the digital divide: unraveling the impact of ICT usage and supply on SO2 emissions in China’s Yangtze River Delta

Humanities and Social Sciences Communications, Journal Year: 2024, Volume and Issue: 11(1)

Published: June 18, 2024

Abstract The relationship between information and communication technology (ICT) environmental pollution is widely recognized complex. To better understand the impact of ICT, we divide it into two facets: supply side usage side. This study investigates ICT on sulfur dioxide (SO 2 ) emissions using random effect spatial Durbin model in China Yangtze River Delta from 2011 to 2019. findings reveal an inverted U-shape SO emission, while has a significant negative emissions. Furthermore, spillover shows insignificant outcomes, but Collectively, these provide fresh insights empirical evidence effects emissions, bearing policy implications for promoting attain sustainable development goals.

Language: Английский

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The dynamics of green technological innovation and environmental policy stringency for sustainable environment in BRICS economies

Natural Resources Forum, Journal Year: 2024, Volume and Issue: unknown

Published: Oct. 17, 2024

Abstract The continuous rise in global economic growth (EG) and human activities has contributed to the release of CO 2 , emphasizing crucial role environmental policy stringency (EPS) encouraging green innovation lower emissions levels achieve sustainability. This study aims analyze direct impacts geopolitical risk (GPR), renewable energy consumption (RE), EPS, technical innovation, EG on Brazil Russia, India, China, South Africa (BRICS) economies dataset spanning from 1990 2020 using dynamic ordinary least square, fully modified method moment quantile regression approach. results demonstrate that stringent regulations adoption technology are negatively associated with emissions. Further, interaction INV*EPS also demonstrates a negative impact emission. In contrast, GPR have positive effect These findings suggest it is imperative for policymakers BRICS implement measures effectively encourage innovative technologies through robust initiatives. general conclusion, long‐term viability depends implementation innovations by enacting strict sample countries. Based these suggests there need prioritize sources, rigorous regulations, utilization climate‐friendly attain extensive sustainable development. Furthermore, this urges attention government officials redesign more effective strategies address potential challenges safeguard environment.

Language: Английский

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The impact of ICT goods exports and environmental technology innovation on mineral rents: Evidence from OECD countries

PLoS ONE, Journal Year: 2024, Volume and Issue: 19(9), P. e0308143 - e0308143

Published: Sept. 30, 2024

This study investigates the effects of Information and Communication Technology (ICT) goods exports environmental technology innovation (ETI) on mineral rents using a panel dataset 23 OECD countries from 2000 to 2020. Employing fixed-effects regression several robustness checks (FGLS, PCSE, DKSE), we find that ICT are positively associated with rents, while ETI exerts negative impact. Notably, positive effect was more pronounced in higher levels exports. Our findings underscore complex interplay among technological advancements, sustainability, economic outcomes resource-dependent economies, emphasizing need for tailored policy interventions navigate these multifaceted dynamics.

Language: Английский

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