Does internet affect economic growth in sub-Saharan Africa?
Manas Tripathi () and
Sarveshwar Inani ()
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Manas Tripathi: Indian Institute of Management Lucknow, India
Sarveshwar Inani: Indian Institute of Management Lucknow, India
Economics Bulletin, 2016, vol. 36, issue 4, 1993-2002
Abstract:
The purpose of this study is to examine the long-run and short-run relationship between internet usage and economic growth for 42 sub-Saharan African countries, with the help of panel autoregressive distributed lag (ARDL) model for the period 1998 to 2014. The ARDL bounds test results indicate that the internet usage and economic growth are cointegrated, and share a long-run relationship. The results show that the internet usage has a positive and significant impact on the economic growth in the long-run. However, the relevant short-run parameter is negative. Our findings have important implications for formulating the internet and economic growth policies in sub-Saharan African countries.
Keywords: Internet; GDP; Economic Growth; Panel ARDL; Cointegration (search for similar items in EconPapers)
JEL-codes: O1 O3 (search for similar items in EconPapers)
Date: 2016-11-09
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Citations: View citations in EconPapers (7)
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