Evaluating the effect of ICT on trade and economic growth from the perspective of Eastern African belt and road countries
Koffi Dumor,
Zhao Shurong,
Hafez Komla Dumor,
Enock Mintah Ampaw,
Edem Koffi Amouzou,
Samuel Okae-Adjei and
Eric Kofi Boadi
Information Technology for Development, 2024, vol. 30, issue 3, 452-471
Abstract:
This study employs the new panel data structural gravity approach to investigate the overarching effect of ICT on bilateral trade flows and economic growth, by using a panel of 65 Belt and Road initiative (BRI) countries. This comprises of twenty-seven (27) sub-Saharan African countries from the period 2000 to 2019. The empirical results indicate that greater access to ICT deepens bilateral export and growth among participating countries. Essentially, the results demonstrate a positive correlation between ICT growth and economic development in the BRI countries. Overall, the findings reveal that ICT and infrastructural growth have provided the East African Community (EAC) a lot of opportunities to boost intra-regional trade. However, the BRI countries need to invest more heavily in ICT infrastructure to foster a continuous and sustainable economic development paradigm within the enclave.
Date: 2024
References: Add references at CitEc
Citations:
Downloads: (external link)
http://hdl.handle.net/10.1080/02681102.2023.2237461 (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:taf:titdxx:v:30:y:2024:i:3:p:452-471
Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/titd20
DOI: 10.1080/02681102.2023.2237461
Access Statistics for this article
Information Technology for Development is currently edited by Sajda Qureshi
More articles in Information Technology for Development from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().