Do ICT and economic globalisation offer benefits to all nations? Findings from a moments quantile regression

Atif Awad ()
Additional contact information
Atif Awad: University of Sharjah

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, 2024, vol. 26, issue 3, No 13, 5817-5841

Abstract: Abstract Are all countries in Sub-Saharan Africa equally benefiting from the deployment of Information and Communications Technology and economic globalization? In order to provide an answer to this question, the present study examined the impacts of Information and Communications Technology and economic globalisation on the growth of per capita GDP in 44 countries of the Sub-Saharan Africa region during 2004–2019. This study uses the neoclassical Aggregate Production Function, which incorporates a comprehensive measure of Information and Communications Technology infrastructure and economic globalization. In general, Moments Quantile methods indicate that despite economic globalization and Information and Communications Technology services having statistically significant positive effects on growth, the effects are negligible. A more important finding is that the impact of Information and Communications Technology and economic globalization on growth diminished as per capita GDP increased. Comparatively to countries with relatively higher growth rates in the Sub-Saharan Africa region, countries with lower growth rates will benefit more from expanding their Information and Communications Technology sector and globallyizing their local economies. Accordingly, countries with relatively lower per capita GDP growth in the Sub-Saharan Africa region need to allocate more resources to develop their Information and Communications Technology sector and continue to integrate their local economies with global markets.

Keywords: Information and communications technology; Economic globalisation; Method of moments quantile regression; Leapfrogging hypothesis; Sub-Saharan African (search for similar items in EconPapers)
JEL-codes: C18 F6 O33 O47 O55 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s10668-023-02938-2 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:endesu:v:26:y:2024:i:3:d:10.1007_s10668-023-02938-2

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/10668

DOI: 10.1007/s10668-023-02938-2

Access Statistics for this article

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development is currently edited by Luc Hens

More articles in Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().