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Effects of digital transformation on green investment: Evidence from developing economies

Assel Kozhakhmetova et al.

Journal of International Studies2025https://doi.org/10.14254/2071-8330.2025/18-2/8article
AJG 1
Weight
0.44

What the paper says

This study examines the impact of digital transformation on green investments in Kazakhstan from 2014 to 2022. The analysis is grounded in the Green Digital Transformation Theory, which posits that digital enablers such as high-tech manufacturing, E-participation, Big Data analytics, and ICT infrastructure foster environmentally sustainable business practices. The study employs linear regression modelling to assess the influence of five independent variables reflecting digitalisation on green investment, serving as the dependent variable. The dataset combines indicators from IMD, WIPO, and Kazakhstan's Bureau of National Statistics. Before modelling, variables were logarithmically transformed, and internal consistency was verified using Cronbach's alpha, which yielded a coefficient of 0.989, indicating excellent reliability. The results suggest that digital and technological skills (β = 1.88, p = 0.008) and E-participation (β = 1.63, p = 0.023) have a positive and statistically significant effect on green investment, while digital transformation (β = -0.72, p = 0.041) in companies unexpectedly exerts a negative effect. The findings reveal sector-specific trade-offs in digital modernisation and underscore the need for better alignment between digital and sustainability policies in developing economies.

3 citations

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https://doi.org/https://doi.org/10.14254/2071-8330.2025/18-2/8

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@article{assel2025,
  title        = {{Effects of digital transformation on green investment: Evidence from developing economies}},
  author       = {Assel Kozhakhmetova et al.},
  journal      = {Journal of International Studies},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.14254/2071-8330.2025/18-2/8},
}

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Effects of digital transformation on green investment: Evidence from developing economies

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Evidence weight

0.44

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.32 × 0.4 = 0.13
M · momentum0.57 × 0.15 = 0.09
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.