An investigation of the relationship between ICT infrastructure and economic growth of emerging market
Date
2023-02
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
University of the Witwatersrand, Johannesburg
Abstract
The study examines the link between Information and Communication Technology, institutional quality, and economic growth in emerging markets over the period of 2000 to 2019, using the system Generalized Method of Moments. The connection between economic growth and technology lies on the framework of exogenous growth model. The following findings are discernible from the study. First, a substantial positive relationship exists between internet usage and economic growth, while a negative association between economic growth and fixed telephone users is evident. Second, a positive association between growth and innovation exist in emerging markets, whilst institutions reveal a negative association. These findings have a significant policy implication for policymakers to monitor innovation factors rather than institutional quality to bypass the digital divide. Consequently, policymakers should pay attention to the benefits of Information and Communication technology usage by means of reducing entries cost whilst improving network facilities transfers
Description
A research report submitted in partial fulfillment of the requirements for the degree of Master of Economic Science to the Faculty of Commerce, Law and Management, School of Economics and Finance, University of the Witwatersrand, Johannesburg, 2023
Keywords
ICT, Information and Communication Technology, Economic growth, Emerging Markets, UCTD
Citation
Jiang, Jun Wen. (2023). An investigation of the relationship between ICT infrastructure and economic growth of emerging market [Master’s dissertation , University of the Witwatersrand, Johannesburg]. WireDSpace. https://hdl.handle.net/10539/38791