The Impact of Information and Communication Technology Use on Economic Growth
International Conference on Humanities, Society and Culture (ICHSC) Kuala Lumpur, Malaysia, November 4-6, 2011, International Proceedings of Economics Development and Research (IPEDR)Vol.20, International Association of Computer Science and Information Technology Press (IACSIT Press)
5 Pages Posted: 3 May 2013
Date Written: November 5, 2011
This paper studies the impact of Information and Communication Technology (ICT) use on economic growth in different countries and regions of the world. The results indicate that there is a positive relationship between growth rate of real GDP per capita and ICT use index (as measured by the number of internet users, fixed broadband internet subscribers and the number of mobile subscription per 100 inhabitants) for 159 countries over the world. This study also finds that ICT use in the high income group has a higher effect on economic growth than other groups. This implies that if these countries seek to enhance their economic growth, they need to implement specific policies that facilitate ICT use.
Keywords: Economic growth, Information and Communication Technology use
JEL Classification: O47, L86
Suggested Citation: Suggested Citation