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Does sharing economy promote sustainable economic development and energy efficiency? Evidence from OECD countries

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dc.contributor.author Dabbous, Amal
dc.contributor.author Tarhini, Abbas
dc.date.accessioned 2023-05-24T10:06:33Z
dc.date.available 2023-05-24T10:06:33Z
dc.date.copyright 2021 en_US
dc.date.issued 2021-01-28
dc.identifier.issn 2444-569X en_US
dc.identifier.uri http://hdl.handle.net/10725/14715
dc.description.abstract The sharing economy is a new phenomenon considered to stimulate sustainable practices. It is viewed as the synergy between technology, information and marketing that promotes a new culture where customers favor access over ownership enabling them to use resources more efficiently. Therefore, it represents an innovative business model that can act as a potential pathway to sustainable economic development and energy efficiency. However, economic, and ecological impacts of the sharing economy remain controversial and need further investigation. In fact, sharing economy has disrupted the prevailing economic paradigm soliciting questions about the advantages and the risks of this new behavior. This study aims to fill this gap in the literature and quantitatively assesses the potential implications that the sharing economy has on sustainable economic development and energy efficiency. It builds a proxy indicator for the annual level of sharing economy use per country using internet search data from Google Trends. In addition, it uses annual secondary data for a balanced panel of 18 OECD countries for the period 2014–2018 to test the proposed models’ hypotheses. The positive impacts of the sharing economy on sustainable economic development and energy efficiency are supported by the results of the fixed effect regressions with Driscoll-Kraay standard errors. The findings suggest that the sharing economy represents a socio-economic trend that has the potential to stimulate sustainable economic development and energy efficiency. Therefore, they highlight the power of the sharing economy and offer important theoretical and practical implications for researchers, individuals, and policy makers. en_US
dc.language.iso en en_US
dc.title Does sharing economy promote sustainable economic development and energy efficiency? Evidence from OECD countries en_US
dc.type Article en_US
dc.description.version Published en_US
dc.author.school SOB en_US
dc.author.idnumber 199107350 en_US
dc.author.department Information Technology And Operations Management en_US
dc.relation.journal Journal of Innovation & Knowledge en_US
dc.journal.volume 6 en_US
dc.journal.issue 1 en_US
dc.article.pages 58-68 en_US
dc.keywords Sharing economy en_US
dc.keywords Sustainable economic development en_US
dc.keywords Energy efficiency en_US
dc.identifier.doi https://doi.org/10.1016/j.jik.2020.11.001 en_US
dc.identifier.ctation Dabbous, A., & Tarhini, A. (2021). Does sharing economy promote sustainable economic development and energy efficiency? Evidence from OECD countries. Journal of Innovation & Knowledge, 6(1), 58-68. en_US
dc.author.email abbas.tarhini@lau.edu.lb en_US
dc.identifier.tou http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php en_US
dc.identifier.url https://www.sciencedirect.com/science/article/pii/S2444569X20300500 en_US
dc.orcid.id https://orcid.org/0000-0002-9441-1649 en_US
dc.author.affiliation Lebanese American University en_US


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