Dynamic Appertain Between Telecommunication Infrastructure and Economic Growth: Empirical Evidence of OIC Countries

Muhammad Noshab Hussain () and Zaiyang Li ()
Additional contact information
Muhammad Noshab Hussain: School of Economics and Finance, Xian Jiaotong University
Zaiyang Li: School of Economics and Finance, Xian Jiaotong University

Journal of the Knowledge Economy, 2024, vol. 15, issue 1, No 78, 1973-1992

Abstract: Abstract This paper finds a causal relationship between telecommunication infrastructure and economic growth in Organization of Islamic Cooperation (OIC) countries. The analysis considers 56 OIC countries, and data was taken from 2001 to 2019. Telecommunication infrastructure computed from telephone subscribers, mobile cellular subscribers, mobile money accounts, and internet access is the main explanatory variable. We utilized panel data analysis. We utilized fully modified ordinary least squares and dynamic ordinary least squares estimation techniques for long-run estimation. To check the causality between the variables, we use the Granger causality test. The empirical findings elaborate that there is a unidirectional relationship between telephone subscribers, mobile cellular subscribers, mobile money accounts, and economic growth. Similarly, internet users and economic growth have a bidirectional relationship. Our findings indicate that there is a need to constitute integrative policies to improve technology inflow for the growth of the economy. An increase in the telecommunication infrastructure will encourage economic growth and improve the living standards of the masses in OIC countries.

Keywords: Telecommunication; Economic growth; Panel data; FMOLS; OIC (search for similar items in EconPapers)
JEL-codes: C23 L96 O47 (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/s13132-023-01200-4 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:jknowl:v:15:y:2024:i:1:d:10.1007_s13132-023-01200-4

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/13132

DOI: 10.1007/s13132-023-01200-4

Access Statistics for this article

Journal of the Knowledge Economy is currently edited by Elias G. Carayannis

More articles in Journal of the Knowledge Economy from Springer, Portland International Center for Management of Engineering and Technology (PICMET)
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().