 Digital Advancements as a Catalyst for Economic Development: An Empirical Examination of Asia Pacific from 1991–2019Assem Atalla and
Noha Ghazy ()
A chapter in Positive Performativity and Transformative Management Research, 2026, pp 241-264 from Springer Abstract: Abstract The aim of this paper is to examine the role of digital advancements, proxied by % of ͏internet users in the population, as a catalyst for economic development in͏ the͏ ͏Asia-Pacific region, with͏ ͏a particular focus on the period from 1991 to 2019. By exploring this relationship, the research seeks to contribute to both academic and practical ͏discussions on how digitalization intersects with economic development and innovation in͏ the Asia–Pacific context, as well as generally. The͏ selected countries have a solid base of digital infrastructure and innovative capacities, so it is worth investigating whether these capacities spill over to development or not, and the related implications of that. The ͏research emphasizes the importance of understanding the mechanisms through which digitalization impacts development, especially within the context of a rapidly evolving global economy. The paper drew up two hypotheses, first that digital advancements and economic development have a direct relationship. This was tested via an Ordinary Least Squared (OLS) panel regression. Second, innovation is a viable pathway in the digital advancements-economic development relationship. This hypothesis was tested via estimating a Two-Stage Least Squared (2SLS) model. The results of the OLS regression were inconsistent. Hence, further investigation was needed via 2SLS to test the second hypothesis. The results approved both the first and second hypotheses, implying that digitalization has a positive impact on development and that innovation is a viable pathway in the digital advancement-economic development relationship. Such results hold implications for both research and policy makers. Keywords: Digitalization; Innovation; Economic development; Asia Pacific; 2SLS (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-032-11198-2_10 Ordering information: This item can be ordered from DOI: 10.1007/978-3-032-11198-2_10 Access Statistics for this chapter More chapters in Springer Proceedings in Business and Economics from Springer |
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