How Telecommunication Development Aids Economic Growth: Evidence from Itu Ict Development Index (IDI) Top Five Countries for African Region

Ani Wilson, Ugwunta David, Eneje Beatrice and Okwo Mary

International Journal of Business, Economics and Management, 2014, vol. 1, issue 2, 16-28

Abstract: This study examines the effect of telecommunication development on economic growth in five leading ICT developed countries for African region. Following previous studies, teledensity (or the penetration rate) is defined as the number of fixed-lines and mobile phone subscribers per 100 persons as a proxy to measure the development of the telecommunications sector, while economic growth is proxied by Gross domestic product at current prices (US dollars). After ensuring data stationarity, the Granger causality test shows no causal relationship between mobile and fixed teledensity and economic growth. In spite of this, the OLS test clearly shows that telecommunication development in Africa has a positive and significant influence on economic growth.

Keywords: Telecommunications; Teledensity; Foreign direct investment; Economic growth Gross domestic product; stationarity; Fixed lines; Mobile lines (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://archive.conscientiabeam.com/index.php/62/article/view/1100/1545 (application/pdf)

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:pkp:ijobem:v:1:y:2014:i:2:p:16-28:id:1100

Access Statistics for this article

More articles in International Journal of Business, Economics and Management from Conscientia Beam
Bibliographic data for series maintained by Dim Michael ().