Exploring the optical impact of information communication technology and economic growth on CO2 emission in BRICS countries

Abstract

The growing trend of modernism, Internet surveillance (IS), determinants of environmental deteriorated Information communication technology (ICT) functions, inefficient resources of agrarian production, quantum circular economy growth ignorance, and their impact on environmental sustainability are all calling for transitions toward sustainable practices. This research aims to explore the implications of internet surveillance (IS), information communication technology (ICT), and agricultural production (AG) on CO2 emission and economic growth for the BRICS group of countries. Dynamic optics in econometric methods, i.e., Pedroni Panel Cointegration, Dynamic Ordinary Least Square, and Quantile Regression Analysis, are approached to check the long and short-run relationship among variables. The results of applying analytical approaches confirmed a long-run relationship between CO2 emissions, IS, ICT, EG, and AP. IS, EG and AP are the enhancers of CO2 emission, while ICT behaves oppositely. A bidirectional significant positive relationship between CO2 emission and EG indicated that BRICS countries should transit their economies into the circular economy, which is parallel performed for a better environment and rapid growth of the economy but in struggling position yet. The ICT sector of BRICS countries should be re-structured by considering an efficient environmentally friendly setup with low cost, cyber & ICT green configuration systems and innovative business opportunities to decrease the burden of economy.