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Journal of the Knowledge Economy

, Volume 8, Issue 3, pp 789–803 | Cite as

Impact of Information Communication Technology and Economic Growth on the Electricity Consumption: Empirical Evidence from 67 Countries

  • Kais SaidiEmail author
  • Hassen Toumi
  • Saida Zaidi
Article

Abstract

This study investigated the impact of information communication technology (ICT) and economic growth (GDP) on electricity consumption (EC) for a global panel consisting of 67 countries using a dynamic panel data model. We also implement these empirical models for three income panels, namely, high income, middle income, and low income panels. The panel model was used in this study from the period 1990–2012. Our main findings show a positive and statistically significant effect of ICT on electricity consumption when ICT measured using Internet connections and mobile phones. Moreover, the results indicate that economic growth has a positive and statistical significant effect on electricity consumption for four global panels. Financial development is found to have a positive impact on electricity consumption in global panels, middle income, and low income panels. For the high income and middle income, the population has a positive and statistical significant effect on electricity consumption.

Keywords

ICT Electricity consumption Economic growth 67 countries 

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Copyright information

© Springer Science+Business Media New York 2015

Authors and Affiliations

  1. 1.Faculty of Economics and Management|University of SfaxSfaxTunisia

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