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

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2010-01-01

Author

Erdil, Erkan
Türkcan, Burcu

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This paper tests the impact of ICT on economic growth for underdeveloped and developing countries by using a panel dataset for the period of 1995-2006. We first develop the theory of the relationship between ICT and economic growth. We 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, we 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. We find that ICT has positive and significant effect on economic growth even after the use of some control variables.

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http://www.igi-global.com/book/sustainable-economic-development-influence-information/37279
https://hdl.handle.net/11511/80006

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TEKPOL Working Paper Series 09/03

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Science and Technology Policy Research Center (TEKPOL), Book / Book chapter

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Citation Formats

E. Erdil and B. Türkcan, Does Information and Communication Technology Sustain Economic Growth? The Underdeveloped and Developing Countries Case. 2010, p. 160.