Trade of ICT Products, Government, and Economic Growth: Evidence from East Asia-Pacific Region

Abstract

This study explores the effect of trade of Information Communications Technology (ICT) products and government's role, measured by three factors: Control of corruption, Government effectiveness, and Administrative tax level, on raising the economy across the East Asia-Pacific region. Secondary data were collected from the World Bank database of 21 countries over 12 years from 2006 to 2017. Applying the Panel corrected standard error model and running a robustness check based on the Dynamic panel data method, this research found that the exported ICT products, control of corruption, and government effectiveness could increase the economic income of a country in the region. The paper also provided the evidence indicating that the imported ICT products and the Administrative tax level are two harmful factors for economic growth. The major finding confirmed the useful contribution on improving government quality and its economy. First, improving the economy of a country always poses various challenges to its government. During the past decades, although much of the literature confirmed that exporting ICT products could promote an economy, very few studies investigated the role of Administrative tax level and the Government effectiveness. Second, there are only a few studies exploring the capability of government and the economic growth in the Asia-Pacific region.

The Determinants of Vietnam’s Information and Communication Technologies Exports to the European Union

“…Thus, the literature of international trade studies shows the great attention of many researchers on the ICT trade. Over time, there have been many economists who contributed to this area, for example, Srholec (2007), Feghali et al (2007), Braunerhjelm and Thulin (2008), Tebaldi (2011), Chadha (1998), Sandu and Ciocanel (2014) and Nguyen and Pham (2020).…”

Orta Doğu ve Kuzey Afrika'da Kapsayıcı Büyüme: Küresel Finansal Krizden Öncesi ve Sonrası

“…Some authors emphasized the positive influence of higher education on inclusive economic growth in developing countries such as Philippines, Bangladesh, and Nigeria (Canlas, 2016: 3, Islam, 2014: 2-3, Oluwadamilola et al, 2018: 4088, Okafor et al, 2016. Furthermore, there are also studies which focus on the positive relationship between high-technology exports, trade openness and economic inclusiveness in emerging economies (Arabiyat et al, 2020: 121, Agarwal, 2012: 1864, Nguyen and Pham, 2020. Regarding the nexus between institutional quality and inclusive growth, Kumah and Sandy (2013: 758) argued that better institutions supported economic inclusiveness in low-income countries.…”

Los Sistemas de Información Tecnológica como herramienta para la competitividad empresarial en las MiPyMES

“…Es el uso de formatos que pueden ser las voces, imágenes, acústica o electromagnética para organizar o transmitir información de una organización (Montoya Macario y Acosta Gonzaga, 2019). Mientras Nguyen et al, (2020) y Ibrahim, (2018) agregaron que el uso de los sistemas de información tecnológica es la utilización de herramientas electrónica de información, nubes de información, aplicaciones de posicionamiento geográfica y sistemas de inteligencia artificial.…”

“…Para el análisis sobre el uso de sistemas de información tecnológica las siguientes preguntas pueden ser usado (Ghobakhloo, 2012., Castañeda Parra, 2013., Riascos Erazo, 2016., Pérez Rendón et al, 2017., Ibrahim, 2018., Sánchez Limón y De la Garza Cárdenas, 2018., Montoya Macario y Acosta Gonzaga, 2019., Nguyen et al, 2020). ¿Consideras el uso de internet importante para almacenar información de tu empresa?…”