Is ICT an enduring driver of economic growth? Evidence from South Asian economies

Hussain, Ammar; Batool, Irem; Akbar, Minhas; Nazir, Marina

doi:10.1016/j.telpol.2021.102202

Cited by 59 publications

(26 citation statements)

References 53 publications

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“…This paper contributes to the literature by providing a more comprehensive analysis than previous studies that were relatively more partial in examining the impact of internet penetration on inclusive growth. The most recent study on the link of the internet to indicators of inclusive growth can be separated into three categories: i) the internet and changes in per capita income (Maurseth, 2018;Hussain, Batool, Akbar & Nazir, 2021;Abdulqadir & Asongu, 2022); ii) internet and income inequality (Bauer, 2018;Canh, Schinckus, Thanh & Hui Ling, 2020;Du, Zhou, Cao, Zhang, Chen & King, 2021); and iii) internet and poverty (Yang, Lu, Wang & Li, 2021;Lechman & Popowska, 2022). The next part of this paper will reconcile the theoretical framework scattered in previous studies to serve as the basis for formulating recommendations for inclusive economic growth during the digitalization era.…”

Section: Figure 1 the Evolution Of Inclusive Growth In Indonesiamentioning

confidence: 89%

Less Inclusive Growth in Indonesia? The Unintended Consequences of Internet Penetration

Jamil

2022

JEBIK

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Separate studies on the impact of internet penetration on growth and per capita income levels, inequality, and poverty levels are still being discussed. Using data from 33 Indonesian provinces between 2008 and 2020, this paper investigates whether internet penetration modulates economic growth by reducing inequality and poverty. The Two-Way Fixed Effect (TWFE) econometric model was used. Two findings can be concluded from this paper. First, Indonesia's economic growth remains less inclusive, as evidenced by rising per capita income, which tends to reduce poverty but not income inequality. Second, Indonesia's economic growth tends to be less inclusive as an unintended consequence of internet penetration. Although it strengthens the effect on poverty reduction, on the other hand, the interaction of economic growth with internet penetration tends to exacerbate income inequality. Based on these findings, the study suggests that the government should improve advanced ICT skills and lower barriers to internet adoption, particularly for the less fortunate. The internet is expected to become a tool to achieve inclusive growth through expanding a newly established middle class instead of simply the economic transformation of the poor into non-poor households under this policy.

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Section: Figure 1 the Evolution Of Inclusive Growth In Indonesiamentioning

confidence: 89%

Less Inclusive Growth in Indonesia? The Unintended Consequences of Internet Penetration

Jamil

2022

JEBIK

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“…Besides, internet based skills development programs not only improve the capabilities of the trainees but also generate new employment avenues ( Layard et al, 2005 ). Moreover, ICT penetration in a society lowers the unemployment rate and helps grow the economy of a country ( Hussain et al, 2021 ; Mossberger et al, 2021 ). Professional learning and training contribute to accomplishing national development goals as skillful individuals would be more creative in boosting their employment and income ( Jones, 2007 ).…”

Section: Literature Review and Hypotheses Developmentmentioning

confidence: 99%

The impact of E-education and innovation on unemployment reduction among graduates: A way forward for higher educational institutes

Hussin

Slaninová

et al. 2022

Front. Psychol.

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Recently, the use of digital skills as a tool to alleviate unemployment concerns of university graduates has gained considerable attention among governments in developing economies. The present study examines the impact of the E-education program (a digital initiative to train university graduates to get self-employed) on the unemployment reduction of young graduates of higher educational institutes (HEIs). We also explore the mediating influence of innovation in the association between E-education and unemployment reduction. The target population of the study was students who have successfully completed the E-education program. The convenient sampling technique was used for data collection from 416 respondents through a structured questionnaire. Collected data were analyzed using different statistical techniques, such as descriptive statistics (reliability analysis, normality analysis, and correlation) and structural equation modeling for measurement of the structural model. The study findings assert that the E-education program has significant effects on the unemployment reduction of graduates. Furthermore, innovation also significantly mediates the association between E-education and reduce unemployment among students. It implies that the HEIs should also roll out E-education programs, which would eventually help reduce unemployment and promote the growth of the E-education industry in the country. Finally, policy prescriptions are discussed on the role of an E-education-driven innovation to curtail unemployment in developing countries.

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“…This relationship between ICT and gross domestic product (GDP) growth will influence each other in the long term (Sawng et al, 2021;Kallal et al, 2021;Arvin et al, 2021). ICT affects economic growth through the internet, cellular and fixed telephone penetration (Hussain et al, 2021). In developed countries, this ICT will be further developed through research and development (R&D) (Nair et al, 2020) and patents (Nguyen and Doytch, 2021).…”

Section: Introductionmentioning

confidence: 99%

“…Pradhan et al (2021) researched India using data from 1991-2018, and Granger causality analysis stated that ICT and financial inclusion are essential to achieving sustainable economic development. The Variable are percentage change in real per capita state domestic product, total number of bank branches per square kilometer, total number of bank branches per population, total number of loan accounts per population, total number of deposit accounts per population, telephone landlines per thousand of population, total mobile phone subscribers per thousand of population, total internet users per thousand of population Hussain et al (2021). conclude that ICT has a long-term positive relationship with economic growth in South Asia through internet user penetration, cellular subscriber penetration and fixed telephone subscriber penetration.…”

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confidence: 99%

The Impact of the Information and Communication Technology and Electricity on Inter-island Interactions in Indonesia

Rosmika

Masbar

Syahnur

et al. 2022

IJEEP

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The purpose of this study is to examine the economic interaction in Indonesia and the impact of the Information and Communication Technology (ICT) and electricity on inter-island interactions in Indonesia. Data used Indonesian Inter-Regional Input-Output (IRIO) table 2016. The result is the largest inter-island interaction occurred between Java and Sumatra, Java-Sulawesi and Java-Kalimantan. Java was more dependent on Sumatra than Sumatra's dependence on Java. Java was more dependent on other islands than other islands' dependence on Java. The impact of ICT on the economy was higher than the impact of electricity. The ICT had more impact on the interregional economy than intraregional. Meanwhile, the electricity had more effect on the intraregional economy than interregional. The intervention to increase investment in ICT resulted in the highest increase in output of Bali and Nusa Tenggara. Both when the intervention was carried out on Bali and Nusa Tenggara islands or in other islands. The same was true for electricity investment interventions. Therefore, Bali and Nusa Tenggara islands should be given more priority in ICT and electricity investment. Investment in ICT and electricity will accelerate the economic development of eastern Indonesia so that it can become a reference for equitable development.

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Is ICT an enduring driver of economic growth? Evidence from South Asian economies

Cited by 59 publications

References 53 publications

Less Inclusive Growth in Indonesia? The Unintended Consequences of Internet Penetration

Less Inclusive Growth in Indonesia? The Unintended Consequences of Internet Penetration

The impact of E-education and innovation on unemployment reduction among graduates: A way forward for higher educational institutes

The Impact of the Information and Communication Technology and Electricity on Inter-island Interactions in Indonesia

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