Does Information and Communication Technologies Sustain Economic Growth? The Underdeveloped and Developing Countries Case

Does Information and Communication Technologies Sustain Economic Growth? The Underdeveloped and Developing Countries Case

Author: 
Türkcan , Burcu
Place: 
Hershey, PA
Publisher: 
IGI Global
Date published: 
2010
Record type: 
Responsibility: 
Yetkiner, I. Hakan, jt. author
Erdil, Erkan, jt. author
Editor: 
Karatas, Muhammed
Source: 
Sustainable Economic Development and the Influence of Information Technologies
Abstract: 

This chapter tests the impact of ICT on economic growth for underdeveloped and developing countries by using a panel dataset for the period of 1995-2006. The authors first develop the theory of the relationship between ICT and economic growth. They show that ICT-capital has a positive effect both on long-run and transitional income per capita, if it is considered as a factor of production. Next, the authors estimate a panel data set with 131 underdeveloped and developing countries under the assumption that ICT is one of the determining factors of economic growth. They find that ICT has positive and significant effect on economic growth even after the use of some control variables.

Series: 
Advances in Electronic Government, Digital Divide, and Regional Development

CITATION: Türkcan , Burcu. Does Information and Communication Technologies Sustain Economic Growth? The Underdeveloped and Developing Countries Case edited by Karatas, Muhammed . Hershey, PA : IGI Global , 2010. Sustainable Economic Development and the Influence of Information Technologies - Available at: http://library.au.int/does-information-and-communication-technologies-sustain-economic-growth-underdeveloped-and