 The impact of information and communication technology on economic growth: evidence from developed and developing countriesAyoub Yousefi Economics of Innovation and New Technology, 2011, vol. 20, issue 6, 581-596 Abstract: This study examines whether, and to what extent, information and communication technology (ICT) has helped to improve economic growth. We adopt the traditional growth model as a framework to estimate contributions of labor, ICT, and non-ICT capital to economic growth in developed and developing countries. The estimates of the growth model by using time-series cross-country data of a total of 62 countries for the period of 2000--2006 reveal that economic growth effect of ICT differs across different income groups of countries. The paper concludes that ICT plays a major role in the growth of high and upper-middle income groups, but fails to contribute to the growth of the lower-middle income group countries. Such findings suggest that the level of investment in ICT is not the cause of slow growth in lower-middle developing countries as previously thought. Date: 2011 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:taf:ecinnt:v:20:y:2011:i:6:p:581-596 Ordering information: This journal article can be ordered from DOI: 10.1080/10438599.2010.544470 Access Statistics for this article Economics of Innovation and New Technology is currently edited by Professor Cristiano Antonelli More articles in Economics of Innovation and New Technology from Taylor & Francis Journals |
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