ICT and Economic Growth Comparing Developing, Emerging and Developed Countries

Niebel, Thomas

doi:10.2139/ssrn.2560771

Cited by 103 publications

(111 citation statements)

References 51 publications

Supporting

Mentioning

100

Contrasting

Unclassified

Order By: Relevance

“…The study of [4], based on data relative to upper-income developing and developed countries for the period 1994-2007, provide econometric evidence of the positive impact of ICT on economic growth in developed and developing countries. Finally, the paper by [5] reveals that ICT has positive impact on emerging, developing and developed countries taken as a whole. However, this positive effect disappears once regressions are made for the subsample of developing, emerging and developed countries.…”

Section: Glance On Studies Related To Internet Impact On Economic Growthmentioning

confidence: 95%

Do Internet and Human Capital Matter for Economic Growth in Developing Countries? Empirical Evidence from WAEMU Countries

Johnson¹

2016

View full text Add to dashboard Cite

In the attempt to establish new sources of economic growth in the West African Economic and Monetary Union (WAEMU) countries except Gunea Bissau for sustainable growth of the region, this study aims to empirically assess the role of internet and revisit the impact of human capital in these countries based on panel data from 2009 to 2014. We firstly use the principal component analysis technique to build the internet network development index and the human capital index. Then we estimate a Cobb-Douglas function under the neoclassical Solow model to establish the relationship between gross domestic product and internet and human capital by using the fixed effects estimation technique. The findings indicate that internet network development constitutes an important pillar for economic growth in WAEMU countries at the current prevailing economic environment. In addition, they reveal that the performance of human capital in terms of economic growth is weak, a result which can be attributed to the poor quality of educational systems of the union. Physical capital is another source of economic growth of the WAEMU countries established by this study. Policy message drawn from this study encourages strategies aiming to strengthen internet network development in WAEMU countries.

show abstract

Section: Glance On Studies Related To Internet Impact On Economic Growthmentioning

confidence: 95%

Do Internet and Human Capital Matter for Economic Growth in Developing Countries? Empirical Evidence from WAEMU Countries

Johnson¹

2016

View full text Add to dashboard Cite

show abstract

“…Hettiarachchi (2018) observed that information and communication technologies are usually overhyped and, however, are simply marketing impulses used by developed countries of the world to further enrich themselves, exploiting the developing nations. Niebel and Mannheim (2014) analysed the impact of ICT on economic growth in developing, emerging and developed countries. The sample base comprised of 59 countries within the period of 1995 to 2010.…”

Section: Brief Review Of Related Literaturementioning

confidence: 99%

Internet usage, innovation and human development nexus in Africa: the case of ECOWAS

Ejemeyovwi

Osabuohien

Johnson

et al. 2019

Economic Structures

View full text Add to dashboard Cite

This study is set out to examine the influence of internet usage and innovation in enhancing human development in Economic Community of West African States (ECO-WAS) countries. It tests the consistency of literature with the experience of ECOWAS countries, thus investigating the nature of the relationship between Internet adoption, innovation and human development. The objectives of the study are essential as the advent of Internet technology signalled the birth of a revolution that would later prove to be a difference maker between developed and developing countries. With the introduction of the Internet, geographical boundaries were broken, the interaction between people became easier and faster, trade became universal, and digital and Internet economies began to emerge. These spin-offs affected most areas of human endeavour. Many have argued that the pace of globalisation presently being witnessed would have been

show abstract

“…Liu, Jr. Chen, C. Huang, C. Yang [2], M. Lund, S. McGuire [3] the impact of e-commerce and R&D on economic development and productivity is proved. E. Karlsson, J. Liljevern [4], A. Yousefi [5], T. Niebel [6], F. Venturini [7] in their papers came to the conclusion that there is a positive relationship between the use of the Internet, ICT and increased productivity. In addition, research findings, which were covered in the papers of Z. Hossain, M. Ishaq Bhatti, Z. Ali [8], T. Pham, D. Nguyen [9], at the firm level show that ICTs can help increase the efficiency of enterprise management.…”

mentioning

confidence: 99%

Modern trends of impact on economic development of countries: e-commerce and R&D

Zatonatska¹,

Rozhko²,

Ткаченко³

2018

MMI

View full text Add to dashboard Cite

The rapid development of information technology provides high growth rates of e-commerce. Today, e-business plays an important role in the structure of economies of advanced countries. In Ukraine, it develops more slowly than in neighbouring countries due to economic, social and political instability, low purchasing capacity of the population, lower demand for goods and services, devaluation of hryvnia, currency fluctuations, etc. However, domestic economists predict that the importance of e-commerce for the Ukrainian economy will increase annually. In such circumstances, the issue of identifying relationships between e-commerce and investment in research and development with the country's economic development becomes relevant as well as finding of tools for measuring the extent of e-commerce's impact on economic growth. The aim of the article is to construct a set of economic and mathematical models to assess the impact of e-commerce and investment in research and development on the country's economic development. Comparing the results of modelling in three countries, it has been determined that the value of e-commerce and R&D expenditures is more significant for GDP per capita growth in Ukraine and Poland due to the higher level of ICT development in Austria and its approximation to the saturation point relative to the growth rates of innovation industries. While comparing the levels of exposure to e-commerce and R&D costs in these countries, it was found that e-commerce occupies the first position only in Austria. While analysing the parameters of the models of three countries, it has been determined that GDP per capita is the most sensitive to changes in the indicators in the Ukrainian model. That demonstrates that the economy of Ukraine is less stable compared to Poland and Austria. Expenditure on R&D and e-commerce has a significant impact on the country's economic development and contributes to increasing of gross domestic product and productivity of manufacture.

show abstract

ICT and Economic Growth Comparing Developing, Emerging and Developed Countries

Cited by 103 publications

References 51 publications

Do Internet and Human Capital Matter for Economic Growth in Developing Countries? Empirical Evidence from WAEMU Countries

Do Internet and Human Capital Matter for Economic Growth in Developing Countries? Empirical Evidence from WAEMU Countries

Internet usage, innovation and human development nexus in Africa: the case of ECOWAS

Modern trends of impact on economic development of countries: e-commerce and R&D

Contact Info

Product

Resources

About