ICT Penetration and Human Development: Empirical Evidence from the EU Transition Economies

Yilmaz Bayar (), Rita Remeikienė () and Gamze Sart ()
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Yilmaz Bayar: Bandirma Onyedi Eylul University
Rita Remeikienė: Mykolas Romeris University
Gamze Sart: İstanbul University-Cerrahpaşa

Journal of the Knowledge Economy, 2024, vol. 15, issue 1, No 98, 2422-2438

Abstract: Abstract Human development is one of the essential factors behind sustainable development in the globalizing world. Hence, the factors underlying human development are crucial to designing and implementing optimal policies to boost national economic growth. This study explores the influence of ICT penetration on human development in 11 transition economies of the EU between 1996 and 2021 through causality and cointegration tests. The results of causality test reveal that ICT penetration represented by the use of the internet and mobile cellular subscriptions has a significant influence on human development in the short term. Furthermore, the results of cointegration test also point out that ICT penetration indicators have a positive influence on human development in the long term. As a result, ICT penetration can be employed as a useful instrument to improve human development regarding its possible negative environmental effects.

Keywords: Human development; ICT penetration; Panel cointegration test; Panel causality test; EU transition economies (search for similar items in EconPapers)
JEL-codes: C33 O15 (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (1)

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DOI: 10.1007/s13132-023-01363-0

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