The Dynamic effects of Foreign Direct Investment Services and Energy Consumption on Information and Communication Technology Sector

This study scrutinises the influence of foreign direct investment (FDI) inflows, energy consumption on Information and Communication services (ICTs) in selected economies of South Asia. This research is based on heterogenous and second generation framework of panel data-set from 1999 to 2021. This...

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Main Authors: Hira Abdul Rawoof, Laila Refiana Said, Esma Irmak, Irem Pelit, Malik Shahzad Shabbir
Format: Article
Language:English
Published: EconJournals 2023-09-01
Series:International Journal of Energy Economics and Policy
Subjects:
Online Access:http://econjournals.com/index.php/ijeep/article/view/14298
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author Hira Abdul Rawoof
Laila Refiana Said
Esma Irmak
Irem Pelit
Malik Shahzad Shabbir
author_facet Hira Abdul Rawoof
Laila Refiana Said
Esma Irmak
Irem Pelit
Malik Shahzad Shabbir
author_sort Hira Abdul Rawoof
collection DOAJ
description This study scrutinises the influence of foreign direct investment (FDI) inflows, energy consumption on Information and Communication services (ICTs) in selected economies of South Asia. This research is based on heterogenous and second generation framework of panel data-set from 1999 to 2021. This study used augmented mean group (AMG), mean group (MG), and common correlated effects mean group (CCEMG) assessors, which further promotes the substantial and favourable influence of FDI services, and energy consumption on ICTs. However, the impact of terrorism is insignificant on ICTs in the region of South Asia. The results indicate that economies of these region must embrace investment reform measures in order to draw FDI into the services sector, increase exports of services, and progress towards economic stability.
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spelling doaj.art-534b53d8e4bc42b6926d737586163fa52023-10-17T14:39:32ZengEconJournalsInternational Journal of Energy Economics and Policy2146-45532023-09-0113510.32479/ijeep.14298The Dynamic effects of Foreign Direct Investment Services and Energy Consumption on Information and Communication Technology SectorHira Abdul Rawoof0Laila Refiana Said1Esma Irmak2Irem Pelit3Malik Shahzad Shabbir4Institute of Business Management, Pakistan.Lambung Mangkurat University, Banjarmasin, IndonesiaHigher Vocational School, Cag University, Mersin, Turkey.Higher Vocational School, Cag University, Mersin, Turkey.Department of Business Administration, Faculty of Management Sciences, ILMA University, Karachi, Pakistan This study scrutinises the influence of foreign direct investment (FDI) inflows, energy consumption on Information and Communication services (ICTs) in selected economies of South Asia. This research is based on heterogenous and second generation framework of panel data-set from 1999 to 2021. This study used augmented mean group (AMG), mean group (MG), and common correlated effects mean group (CCEMG) assessors, which further promotes the substantial and favourable influence of FDI services, and energy consumption on ICTs. However, the impact of terrorism is insignificant on ICTs in the region of South Asia. The results indicate that economies of these region must embrace investment reform measures in order to draw FDI into the services sector, increase exports of services, and progress towards economic stability. http://econjournals.com/index.php/ijeep/article/view/14298FDI, Energy Consumption, ICTs; South Asia; Services Exports
spellingShingle Hira Abdul Rawoof
Laila Refiana Said
Esma Irmak
Irem Pelit
Malik Shahzad Shabbir
The Dynamic effects of Foreign Direct Investment Services and Energy Consumption on Information and Communication Technology Sector
International Journal of Energy Economics and Policy
FDI, Energy Consumption, ICTs; South Asia; Services Exports
title The Dynamic effects of Foreign Direct Investment Services and Energy Consumption on Information and Communication Technology Sector
title_full The Dynamic effects of Foreign Direct Investment Services and Energy Consumption on Information and Communication Technology Sector
title_fullStr The Dynamic effects of Foreign Direct Investment Services and Energy Consumption on Information and Communication Technology Sector
title_full_unstemmed The Dynamic effects of Foreign Direct Investment Services and Energy Consumption on Information and Communication Technology Sector
title_short The Dynamic effects of Foreign Direct Investment Services and Energy Consumption on Information and Communication Technology Sector
title_sort dynamic effects of foreign direct investment services and energy consumption on information and communication technology sector
topic FDI, Energy Consumption, ICTs; South Asia; Services Exports
url http://econjournals.com/index.php/ijeep/article/view/14298
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