The Causal Relationship between Information and Communication Technology and Foreign Direct Investment

Roghieh Gholami, Sang-Yong Tom Lee and Almas Heshmati ()

No DP2003-30, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper investigates the simultaneous causal relationship between investments in information and communication technology (ICT) and foreign direct investment (FDI), with reference to its implications on economic growth. For the empirical analysis we use data from 23 major countries with heterogeneous economics development for the period 1976-99. The results of unit roots and Johansen co-integration tests indicate variations in degrees of integration among the sample countries.

Keywords: Economic growth; Information technology; Investments; Foreign investments (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (2)

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Related works:
Working Paper: The Causal Relationship between Information and Communication Technology and Foreign Direct Investment (2010)
Journal Article: The Causal Relationship Between Information and Communication Technology and Foreign Direct Investment (2006)
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