ICT DEVELOPMENT AND ECONOMIC GROWTH IN EU TRANSITION ECONOMIES: A PANEL COINTEGRATION AND CAUSALITY ANALYSIS

Emre ÅžAKAR ()
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Emre ÅžAKAR: UÅŸak Ãœniversitesi

Eurasian Business & Economics Journal, 2021, vol. 26, issue 26, 1-11

Abstract: The globalized world has experienced the substantial improvements in development information and communication technologies (ICT) during the last decades. The aforementioned considerable improvements led many economic and non-economic implications for the countries. This study investigates the influence of information and communication technologies? development on the economic growth in 11 post-transition EU members over 1996-2017 period through panel cointegration and causality tests. The analyses revealed that ICT development positively affects the economic growth in the long run and ICT development and economic growth feeds each other in the short run.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:eas:buseco:v:26:y:2021:i:26:p:1-11

DOI: 10.17740/eas.econ.2021.V26-01

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