The Role of Telecommunication Infrastructure in the Regional Economic Growth of Africa
Michael Batuo
MPRA Paper from University Library of Munich, Germany
Abstract:
This paper deals with the effects of telecommunications on the economic growth in African countries. The telecommunications sector became a vital sector during the era of the economic reform that has been characterising the continent. We investigate empirically the role of telecommunication infrastructures on long-run economic growth in African countries, for the span of time from 1984 to 2005. We use the panel data approach with a dynamic fixed effect model, which evidences that telecommunications contribute in a major way to the economic development of the continent. It is a crucial determinant, as findings indicate a significant and positive correlation between telecommunication infrastructures and regional growth in Africa, after controlling for a number of other factors. Results also show that investment in telecommunications is subject to diminishing returns.
Keywords: Infrastructure; Growth; Africa; Panel (search for similar items in EconPapers)
JEL-codes: H54 O47 O55 (search for similar items in EconPapers)
Date: 2008-06-22, Revised 2008-10-07
New Economics Papers: this item is included in nep-afr
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https://mpra.ub.uni-muenchen.de/12431/1/MPRA_paper_12431.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/16741/1/MPRA_paper_16741.pdf revised version (application/pdf)
https://mpra.ub.uni-muenchen.de/17406/1/MPRA_paper_17406.pdf revised version (application/pdf)
Related works:
Journal Article: The role of telecommunications infrastructure in the regional economic growth of Africa (2015) 
Working Paper: The Role of Telecommunication Infrastructure in the Regional Economic Growth of Africa (2008) 
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:12431
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