Information communication technology (ICT) infrastructure and economic growth : a causality evinced by cross-country panel data

Rudra Pradhan; Girijasankar Mallik; Tapan P. Bagchi

doi:10.1016/j.iimb.2018.01.001

Information communication technology (ICT) infrastructure and economic growth : a causality evinced by cross-country panel data

Rudra Pradhan
, Girijasankar Mallik
, Tapan P. Bagchi

Research output: Contribution to journal › Article › peer-review

237 Citations (Scopus)

23 Downloads (Pure)

Abstract

This study examines certain long-run relationships hypothesised to be present among per capita real GDP, information and communication technology (ICT) infrastructure, consumer price index, labour force participation rate, and gross fixed capital formation manifest in G-20 countries recorded for the 2001-2012 period. Using panel cointegration, the study finds that the variables are cointegrated and do not drift apart in the long run. Methodology using vector error correction models (VECM) further confirms that embellishment of ICT infrastructure" an apparent imperative in an economy's information technology (IT) policy formulation" for both fixed broadband and internet users causes a boost in the per capita GDP.

Original language	English
Pages (from-to)	91-103
Number of pages	13
Journal	IIMB Management Review
Volume	30
Issue number	1
DOIs	https://doi.org/10.1016/j.iimb.2018.01.001
Publication status	Published - Mar 2018

Bibliographical note

Publisher Copyright:
© 2018

Open Access - Access Right Statement

Open Access. Funded by Indian Institute of Management under a Creative Commons license (http://creativecommons.org/licenses/by-nc-nd/4.0/)

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 8 Decent Work and Economic Growth
SDG 9 Industry, Innovation, and Infrastructure

Keywords

Group of Twenty countries
gross domestic product
information technology

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10.1016/j.iimb.2018.01.001

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Cite this

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Information communication technology (ICT) infrastructure and economic growth : a causality evinced by cross-country panel data

Abstract

Bibliographical note

Open Access - Access Right Statement

UN SDGs

Keywords

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