Preprint Article Version 1 Preserved in Portico This version is not peer-reviewed

The Usage of Internet in the Context of ESG Model at World Level

Version 1 : Received: 24 June 2023 / Approved: 25 June 2023 / Online: 25 June 2023 (03:45:17 CEST)

How to cite: Leogrande, A. The Usage of Internet in the Context of ESG Model at World Level. Preprints 2023, 2023061707. https://doi.org/10.20944/preprints202306.1707.v1 Leogrande, A. The Usage of Internet in the Context of ESG Model at World Level. Preprints 2023, 2023061707. https://doi.org/10.20944/preprints202306.1707.v1

Abstract

In this article, I estimate the value of “Individual Using Internet”-IUI in the context of Environmental, Social and Governance-ESG database of the World Bank. I use data from 193 countries for the period 2011-2020. I found that among others the value of IUI is positively associated to “Methane Emissions” and “People Using Safely Managed Sanitation Services” and negatively associated among others to “Fossil Fuel Energy Consumption” and “Renewable Energy Consumption”. I apply the k-Means algorithm for the clusterization optimized with the Elbow Method and we find the presence of three clusters. Finally, I confront eight machine-learning algorithms to predict the future value of IUI. I found that the best predictive algorithm is Linear Regression and that the value of IUI is expected to decrease on average of 0.30% for the analysed countries.

Keywords

Analysis of Collective Decision-Making; General; Political Processes: Rent-Seeking; Lobbying; Elections; Legislatures; and Voting Behaviour; Bureaucracy; Administrative Processes in Public Organizations; Corruption; Positive Analysis of Policy Formulation; Implementation

Subject

Business, Economics and Management, Economics

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