Impact of Mobile Communications on Economic Growth

Abstract

Impact of Mobile Communications on Economic GrowthIn this paper, I empirically examine the relationship between telecommunications and economic growth. I use data for developing and developed countries for 2000-2016. My conclusion is that mobile penetration has a positive and significant impact on economic growth, where a onepercent increase in mobile penetration results in an increase in economic growth of 1.0-2.6 percent. Regulatory institutions have a positive and significant impact on penetration in developing countries; in developed countries, the impact of regulatory institutions is positive but not significant.