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

See all articles by Maryam Farhadi

Maryam Farhadi

National University of Malaysia (UKM)

Masood Fooladi

Islamic Azad University, Mobarakeh Branch

Date Written: November 5, 2011

Abstract

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

Farhadi, Maryam and Fooladi, Masood, The Impact of Information and Communication Technology Use on Economic Growth (November 5, 2011). 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), Available at SSRN: https://ssrn.com/abstract=2259568

Maryam Farhadi

National University of Malaysia (UKM) ( email )

Bandar Baru Bangi, Selangor 43000
Malaysia

Masood Fooladi (Contact Author)

Islamic Azad University, Mobarakeh Branch ( email )

Department of Accounting
Mobarakeh Branch
Mobarakeh, Isfahan
Iran

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
623
Abstract Views
3,168
rank
52,152
PlumX Metrics