Impact of social media on economic growth – evidence from social media

Roberto Dell’Anno, Thierry Rayna and Offiong Helen Solomon
Authors registered in the RePEc Author Service: Roberto Dell'Anno

Applied Economics Letters, 2016, vol. 23, issue 9, 633-636

Abstract: This article attempts to investigate the impact of social media (SM) on economic growth. Using information obtained from memberships to social networks, we find that SM has a negative and significant impact on economic growth. This provides evidence in favour of our hypothesis that SM increases the search costs for information and also increases the substitution effect from labour to leisure thereby producing a negative impact on growth.

Date: 2016
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DOI: 10.1080/13504851.2015.1095992

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