Mobile telephony, economic growth, financial development, foreign direct investment, and imports of ICT goods: the case of the G-20 countries
Rudra P. Pradhan (),
Mak Arvin (),
John H. Hall () and
Sara E. Bennett ()
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Rudra P. Pradhan: Indian Institute of Technology
John H. Hall: University of Pretoria
Sara E. Bennett: Lynchburg College
Economia e Politica Industriale: Journal of Industrial and Business Economics, 2018, vol. 45, issue 2, 279-310
Abstract We study the interactions between the diffusion of mobile phones, foreign direct investment, financial development, ICT goods imports, and economic growth using a panel dataset covering the G-20 countries for the period 1990–2014. Using our multivariate framework, we find that all of the variables are cointegrated. Our findings also reveal a network of short-run and long-run causal relationships between the variables, including long-run unidirectional causality from foreign direct investment and financial development to the diffusion of mobile phones and economic growth.
Keywords: Mobile phones; Foreign direct investment; Financial development; ICT goods imports; Economic growth; Granger causality (search for similar items in EconPapers)
JEL-codes: L96 O32 O33 O43 (search for similar items in EconPapers)
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