PRODUCING OR PLAYING? INVESTIGATING INTERNET INFLUENCE ON ECONOMIC GROWTH

Łukasz Konopielko () and Oleksandr Demchenko ()
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Łukasz Konopielko: Łazarski University
Oleksandr Demchenko: Capital Trade Sp. z o.o.

CBU International Conference Proceedings, 2018, vol. 6, issue 0, 247-252

Abstract: This paper is focused on determining the effects of increase in the Internet usage on economic development of two groups of countries: OECD and NON-OECD countries. Two separate Vector Autoregression models were used. The hypotheses were inspired by claims that GDP per capita and trade, including trade in services, have a positive correlation with Internet usage growth. The hypotheses were tested on a set of 26 OECD and 21 NON-OECD countries for a period of 20 years, from 1995 to 2015. Results of the paper do not confirm the existence of a direct positive correlation between GDP per capita and Internet users. For all countries, a direct comparison of the chosen variables show a negative correlation. For OECD countries, trade in services has a positive correlation with Internet usage growth, while for NON-OECD countries both trade and trade in services showed a positive correlation with Internet usage growth.

Keywords: interneteconomic growth; OECD; VAR. (search for similar items in EconPapers)
JEL-codes: O11 O33 O57 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:aad:iseicj:v:6:y:2018:i:0:p:247-252

DOI: 10.12955/cbup.v6.1164

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