Economic growth: The role of knowledge economy in the context of selected Asian countries
This study examines the role of different knowledge economy com-ponents in economic growth as well as the simultaneous effects of information and communication technology (ICT) infrastructure, education, and innovation on economic growth of selected Asian countries over the 1990–2014 period, using D...
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University of Economics Ho Chi Minh City
2023
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oai:scholar.dlu.edu.vn:DLU123456789-1155392023-03-08T03:56:55Z Economic growth: The role of knowledge economy in the context of selected Asian countries Nguyen, Van Dung Nguyen, Trong Hoai Nguyen, Son Kien This study examines the role of different knowledge economy com-ponents in economic growth as well as the simultaneous effects of information and communication technology (ICT) infrastructure, education, and innovation on economic growth of selected Asian countries over the 1990–2014 period, using Driscoll-Kraay estima-tion method and seemingly unrelated regression (SUR) and three stage least squares (3SLS). The results confirm that there exists a positive association between economic growth and four components of the knowledge economy framework. Furthermore, there is also evidence of the multidimensional effects of ICT infrastructure, edu-cation, and innovation on economic growth. As a result, policy makers should pay more attention to improving innovation, educa-tion, information and communication infrastructure, and institu-tional regime systematically to achieve sustainable economic growth. 2023-03-08T03:56:55Z 2023-03-08T03:56:55Z 2017 Article 2615-9112 http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=c3fe5d63-24fc-4ca6-b2d2-bc6922a0dcb3 http://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115539 10.24311/jabes/2017.24.1.06 en Journal of Asian Business and Economic Studies, Volume 24, Issue 01; p. 04-31 application/pdf University of Economics Ho Chi Minh City |
institution |
Thư viện Trường Đại học Đà Lạt |
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Thư viện số |
language |
English |
description |
This study examines the role of different knowledge economy com-ponents in economic growth as well as the simultaneous effects of information and communication technology (ICT) infrastructure, education, and innovation on economic growth of selected Asian countries over the 1990–2014 period, using Driscoll-Kraay estima-tion method and seemingly unrelated regression (SUR) and three stage least squares (3SLS). The results confirm that there exists a positive association between economic growth and four components of the knowledge economy framework. Furthermore, there is also evidence of the multidimensional effects of ICT infrastructure, edu-cation, and innovation on economic growth. As a result, policy makers should pay more attention to improving innovation, educa-tion, information and communication infrastructure, and institu-tional regime systematically to achieve sustainable economic growth. |
format |
Article |
author |
Nguyen, Van Dung Nguyen, Trong Hoai Nguyen, Son Kien |
spellingShingle |
Nguyen, Van Dung Nguyen, Trong Hoai Nguyen, Son Kien Economic growth: The role of knowledge economy in the context of selected Asian countries |
author_facet |
Nguyen, Van Dung Nguyen, Trong Hoai Nguyen, Son Kien |
author_sort |
Nguyen, Van Dung |
title |
Economic growth: The role of knowledge economy in the context of selected Asian countries |
title_short |
Economic growth: The role of knowledge economy in the context of selected Asian countries |
title_full |
Economic growth: The role of knowledge economy in the context of selected Asian countries |
title_fullStr |
Economic growth: The role of knowledge economy in the context of selected Asian countries |
title_full_unstemmed |
Economic growth: The role of knowledge economy in the context of selected Asian countries |
title_sort |
economic growth: the role of knowledge economy in the context of selected asian countries |
publisher |
University of Economics Ho Chi Minh City |
publishDate |
2023 |
url |
http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=c3fe5d63-24fc-4ca6-b2d2-bc6922a0dcb3 http://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115539 |
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1765278134905602048 |