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Telecommunications infrastructure and usage and the FDI–growth nexus: evidence from Asian-21 countries "Abstract: This paper examines causal relationships between telecommunications infrastructure and usage (TEL), foreign direct investment (FDI), and economic growth in the Asian-21 countries for the period 1965–2012. TEL is defined in terms of the prevalence of telephone main lines, mobile phones, internet servers and users, as well as the extent of fixed broadband. These measures are considered both individually and collectively in the form of a composite index of TEL. We report results on long-run relationships between TEL, FDI, and economic growth. We also use a panel vector auto-regression model to reveal the nature of Granger causality among the three variables. Results from these causal relationships provide important policy implications to the Asian-21 countries."

Mak Arvin (), Mahendhiran Nair, Jay Mittal, and Neville R. Norman ()
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Neville R. Norman: Department of Economics, The University of Melbourne,

Department of Economics - Working Papers Series from The University of Melbourne

Keywords: Adoption and diffusion of IT and rate of uptake; development issues; sustainable development in developing and transition economies; IT policy; IT strategies for development (national and sectoral) (search for similar items in EconPapers)
JEL-codes: C11 I14 I31 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-sea
Date: 2017-06
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