How does China’s information and communications technology infrastructure investment promote economic growth?

Kerry Liu

Indian Growth and Development Review, 2021, vol. 14, issue 2, 268-280

Abstract: Purpose - This study aims to analyse the effects of China’s information and communications technology (ICT) infrastructure investment on economic growth. Design/methodology/approach - Using a panel data set of China’s 30 regions during 2010–2015, this study uses the generalized method of moments (GMM) methods. Findings - This study finds that compared with “old-type” infrastructure investment such as transport infrastructure and utility infrastructure, there is a time lag but greater effect from ICT infrastructure investment on growth and this relation is non-linear. Also, the human capital factor plays an enhancing role. Originality/value - This study is the first of its kind that examines the relationship between ICT infrastructure investment and growth in China.

Keywords: Growth and development strategies; Regional development; Infrastructure; Infrastructure investment; Information and communications technology (ICT); Human capital; Made in China 2025; Supply-side reform; O18; O23; O38; O53 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:eme:igdrpp:igdr-09-2020-0142

DOI: 10.1108/IGDR-09-2020-0142

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