Assessing the Impact of ICT Sector on Sustainable Development in the European Union: An Empirical Analysis Using Panel Data
| Autor: | Mariana Vuță, Sorin-Iulian Cioaca, Mihai Vuță, Silvia Elena Cristache, Erika Marin |
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| Jazyk: | angličtina |
| Rok vydání: | 2020 |
| Předmět: |
Geography
Planning and Development income inequality distribution Distribution (economics) TJ807-830 Management Monitoring Policy and Law information and communication technologies TD194-195 Renewable energy sources Economic inequality 0502 economics and business Per capita media_common.cataloged_instance GE1-350 050207 economics European union Productivity media_common Sustainable development sustainable development Public economics Environmental effects of industries and plants Renewable Energy Sustainability and the Environment business.industry 05 social sciences sustainable development goals Environmental sciences Negative relationship internet access level Business 050203 business & management Panel data |
| Zdroj: | Sustainability, Vol 12, Iss 2, p 592 (2020) Sustainability Volume 12 Issue 2 |
| ISSN: | 2071-1050 |
| Popis: | Information and communication technologies (ICT) play a central role at the European level because it fosters innovation and increases productivity through an enlarged access to information. As such, the main objective of this work was to assess the impact of various ICT core indicators at the European Union level on two of their sustainable development goals: economic growth and reduction of inequality. To this purpose, we used panel data models based on data collected from the Eurostat database. We proposed two panel data regression models, according to which we found a positive statistically significant relationship between the variable measuring level of internet access and change in GDP per capita. We also found a negative relationship between the transition towards a digital society and the dependent variable INEQ_INC, namely an increase of 1% of ICT sector share in GDP will lead to a decrease of 0.27% of income inequality distribution. This result showed that the progress made in implementing a digital society may decrease societal income inequality. |
| Databáze: | OpenAIRE |
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