 ASSESSING THE EFFECTS OF THE ICT SECTOR DEVELOPMENT IN THE EUROPEAN UNIONSorin-Iulian Cioaca and Adrian Enciu Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2018, vol. 12, issue 1, 174-187 Abstract: Starting from the latest developments from the European Union, this article analyses the impact of the dynamics of the Information and Communication Technologies (ICT) sector towards achieving sustainable economic growth. We use data panel models to assess these effects, by considering data for the member states of the European Union, for the 2008-2017 time frame. The study reveals the positive effect of the ICT sector on wealth accumulation at the European Union level, as measured by the GDP per capita indicator. A negative effect was seen on income distribution at the European level, as the development of the ICT sector may lead to increasing income inequality. These results may draw attention to those involved in adopting and implementing the measures envisaged in the European Union, in order to attain the expected sustainable goals, mainly those associated with reducing poverty and income inequality. Keywords: ICT; income inequality; economic growth. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:12:y:2018:i:1:p:174-187 Access Statistics for this article Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE is currently edited by Ciocoiu Nadia Carmen More articles in Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE from Faculty of Management, Academy of Economic Studies, Bucharest, Romania Contact information at EDIRC. |
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