Analysis of the impact of information communication technology on economic growth: empirical evidence from Asian countries

Analysis of the impact of information communication technology on economic growth: empirical evidence from Asian countries

Purpose This study examines the causal relationship between information communication technology (ICT) and economic growth in high-income and middle-income Asian countries. Design/methodology/approach This study utilises a high-qual...

Mô tả đầy đủ

Đã lưu trong:
Chi tiết về thư mục
Tác giả chính: Kurniawati, Meta Ayu
Định dạng: Bài viết
Ngôn ngữ:English
Được phát hành: University of Economics Ho Chi Minh City 2023
Truy cập trực tuyến:https://www.emerald.com/insight/content/doi/10.1108/JABES-07-2020-0082/full/html
http://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115462
Các nhãn: Thêm thẻ
Không có thẻ, Là người đầu tiên thẻ bản ghi này!
Thư viện lưu trữ: Thư viện Trường Đại học Đà Lạt
id oai:scholar.dlu.edu.vn:DLU123456789-115462
record_format dspace
spelling oai:scholar.dlu.edu.vn:DLU123456789-1154622023-03-08T03:56:17Z Analysis of the impact of information communication technology on economic growth: empirical evidence from Asian countries Kurniawati, Meta Ayu Purpose This study examines the causal relationship between information communication technology (ICT) and economic growth in high-income and middle-income Asian countries. Design/methodology/approach This study utilises a high-quality data from 25 Asian countries from 2000 to 2018. This study presents the robustness results by employing panel cointegration and estimation procedures to account for the endogeneity and cross-sectional dependence issues. Findings The results illustrate that high-income Asian countries have achieved positive and significant economic development from high Internet penetration. Additionally, the middle-income countries have started to benefit from ICT Internet. The findings show that the telephone line and mobile phone penetration is highly capable of promoting economic growth in middle-income Asian countries. Practical implications In high-income Asia countries, an appropriate ICT infrastructure policy will support feasible ICT penetration, which may drive the processes of economic development and innovation that contribute to economic growth. Moreover, in middle-income Asian countries, the establishment of better-quality ICT service and infrastructure is more critical. Policymakers should accommodate sufficient support to establish the ICT infrastructure and expand ICT penetration. Originality/value This study reveals that high-income Asian countries have been more proactive and effective than middle-income countries in embracing ICT to foster economic growth. Examining the case of high-income and middle-income Asian countries provides comprehensive insight for policymakers regarding the relevance of ICT in boosting economic growth through the advantages of technology expansion. 2023-03-08T03:56:17Z 2023-03-08T03:56:17Z 2022 Article 2515-964X https://www.emerald.com/insight/content/doi/10.1108/JABES-07-2020-0082/full/html http://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115462 10.1108/JABES-07-2020-0082 en Journal of Asian Business and Economic Studies, Volume 29, Issue 1; p. 2-18 application/pdf University of Economics Ho Chi Minh City
institution Thư viện Trường Đại học Đà Lạt
collection Thư viện số
language English
description Purpose This study examines the causal relationship between information communication technology (ICT) and economic growth in high-income and middle-income Asian countries. Design/methodology/approach This study utilises a high-quality data from 25 Asian countries from 2000 to 2018. This study presents the robustness results by employing panel cointegration and estimation procedures to account for the endogeneity and cross-sectional dependence issues. Findings The results illustrate that high-income Asian countries have achieved positive and significant economic development from high Internet penetration. Additionally, the middle-income countries have started to benefit from ICT Internet. The findings show that the telephone line and mobile phone penetration is highly capable of promoting economic growth in middle-income Asian countries. Practical implications In high-income Asia countries, an appropriate ICT infrastructure policy will support feasible ICT penetration, which may drive the processes of economic development and innovation that contribute to economic growth. Moreover, in middle-income Asian countries, the establishment of better-quality ICT service and infrastructure is more critical. Policymakers should accommodate sufficient support to establish the ICT infrastructure and expand ICT penetration. Originality/value This study reveals that high-income Asian countries have been more proactive and effective than middle-income countries in embracing ICT to foster economic growth. Examining the case of high-income and middle-income Asian countries provides comprehensive insight for policymakers regarding the relevance of ICT in boosting economic growth through the advantages of technology expansion.
format Article
author Kurniawati, Meta Ayu
spellingShingle Kurniawati, Meta Ayu
Analysis of the impact of information communication technology on economic growth: empirical evidence from Asian countries
author_facet Kurniawati, Meta Ayu
author_sort Kurniawati, Meta Ayu
title Analysis of the impact of information communication technology on economic growth: empirical evidence from Asian countries
title_short Analysis of the impact of information communication technology on economic growth: empirical evidence from Asian countries
title_full Analysis of the impact of information communication technology on economic growth: empirical evidence from Asian countries
title_fullStr Analysis of the impact of information communication technology on economic growth: empirical evidence from Asian countries
title_full_unstemmed Analysis of the impact of information communication technology on economic growth: empirical evidence from Asian countries
title_sort analysis of the impact of information communication technology on economic growth: empirical evidence from asian countries
publisher University of Economics Ho Chi Minh City
publishDate 2023
url https://www.emerald.com/insight/content/doi/10.1108/JABES-07-2020-0082/full/html
http://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115462
_version_ 1765278021245206528

Những quyển sách tương tự