IMPACT OF DIGITAL ECONOMY AND ENERGY STRUCTURE ON CARBON EMISSION CASE FROM EGYPT

IMPACT OF DIGITAL ECONOMY AND ENERGY STRUCTURE ON CARBON EMISSION CASE FROM EGYPT
Walaa Saad El Khalifa, New Mansoura University, Faculty of Business & Menoufia University Faculty of Business, Egypt / Abd El Kader Mohamed Mubarek, New Mansoura University, Egypt / Mahmoud Kamal Abouraia, Modern Colleage for Business and Science, Oman / Shawky Taha Shawky
Arish University, Egypt / Hanin Aymen, New Mansoura University, Egypt / Hoda Hamada, New Mansoura University, Egypt / Sama Mohamed, New Mansoura University, Egypt / Rania Mohamed Elmorsy, New Mansoura University, Faculty of Business & Delta Higher Institute for Management and Accounting Information System, Egypt

The objective of this study is to investigate the impact of the digital economy and energy structure on carbon emissions within the Egyptian economy over the past three decades. Data were selected from the World Bank website, specifically about Egypt, encompassing four variables spanning the period from 1990 to 2020. The independent variables examined are the digital economy, operationalized through two measures: individual internet usage and technical cooperation grants. The second independent variable is energy structure, quantified by renewable energy consumption, expressed as the percentage of total energy consumption. Carbon emissions (CO2 emissions) constitute the dependent variable. Our findings reveal a negative correlation between renewable energy consumption and CO2 emissions, juxtaposed with a converse relationship between individual internet usage and CO2 emissions. Specifically, individual internet usage exerts no discernible impact on CO2 emissions, while an increase in Technical Cooperation Grants corresponds to a reduction in CO2 emissions in the short term. Notwithstanding the negligible impact of individual internet usage on CO2 emissions in the short term, it exhibits a negative influence, while the other two independent variables continue to affect CO2 emissions in the long term.