The Impact of Broadband Adoption on Economic Growth: An Assessment in Selected Developed and Developing Countries

Ling-Yen Koh, Sheue-Li Ong () and Mui-Yin Chin
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Ling-Yen Koh: Universiti Malaya, Malaysia
Sheue-Li Ong: Tunku Abdul Rahman University of Management and Technology, Malaysia
Mui-Yin Chin: University of Johannesburg, South Africa

Journal of Economic Development, 2024, vol. 49, issue 3, 63-81

Abstract: Broadband has emerged as an important infrastructure element to promote economic growth. This study aims to investigate and compare the relationship between broadband adoption and economic growth between developed and developing countries using panel data analysis. The empirical results signified that broadband adoption contributed positively to economic growth in both the developed and developing country groups. However, broadband’s contribution towards economic growth was larger in the developed country group than in the developing country group. Also, several policy recommendations to improve the contribution of broadband adoption towards economic growth arose from the results of this study.

Keywords: Broadband Adoption; Economic Growth; Developed Countries; Developing Countries; Panel Data Analysis (search for similar items in EconPapers)
JEL-codes: F62 O11 O30 (search for similar items in EconPapers)
Date: 2024
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