E-Commerce Has a Positive Impact on Economic Growth: A Panel Data Analysis for Western Europe

12 Pages Posted: 10 Oct 2009

Date Written: October 7, 2009

Abstract

In this paper it will be attempted to show econometrically that electronic commerce (e-commerce) has a positive impact on economic growth at country level, since e-commerce promotes sales (and thus consumption), that in turn improves company performance, thus causing ultimately economic growth. Panel data are taken from Eurostat, cover Western European countries for the period 2003 - 2006 and are elaborated using the Eviews software package.

Keywords: web, internet, e-commerce, SME, marketing, sales promotion, company performance, economic growth

JEL Classification: L86, L25, M3, O47

Suggested Citation

Georgiou, Miltiades N., E-Commerce Has a Positive Impact on Economic Growth: A Panel Data Analysis for Western Europe (October 7, 2009). Available at SSRN: https://ssrn.com/abstract=1484687 or http://dx.doi.org/10.2139/ssrn.1484687

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