Foreign direct investment, information and communication technology, trade, and economic growth in the South Asian Association for Regional Cooperation countries: An empirical insight

2019 ◽  
Vol 20 (1) ◽  
Author(s):  
Padmaja Bhujabal ◽  
Narayan Sethi
Author(s):  
Muhamad Ferdy Firmansyah ◽  
Muhammad Ihsaan Rizqulloh ◽  
Haikal Zulian Maulana

Information and communication technology is a set of tools or technology which in terminology includes all technical tools for processing and also disclosing informationInformation and communication technology, including media technology, has been growing in the era of globalization. The development of this technology has an impact on changes in people's behavior in the use of mass media and in the end also changes the pattern of effective community development in the digital era as it is today. The development of information and communication technology has brought many changes to human life in the world. Humans are able to penetrate time and space by using technology based on information and communication technology. This study uses secondary data obtained from the World Bank Indocator and the International Telecommunication Union. The method used is a quantitative method with panel data regression from 2010-2019 in eight Southeast Asian countries namely Brunei, Cambodia, Indonesia, Malaysia, Singapore, Philippines, Thailand and Vietnam. The variables used in this study are Economic Growth, ICT Trade Export, ICT Trade Import, Landline Telephone, Mobile Phone, Internet Users, Internet Secure Servers, Fixed Broadband, and Foreign Direct Investment. This study forms three models, namely model 1 for research on Trade Export of ICT, model 2 for research on Trade Import of ICT and model 3 for research on Economic Growth and ICT. The results showed that model 1 found only Fixed Broadband which had a significant influence on ICT exports. In model 2 there are Mobile Phone and Fixed Boradband which have a significant influence on the import of ICT. While in model 3 only Foreign Direct Investment has a significant influence on economic growth.


2011 ◽  
Vol 3 (2) ◽  
pp. 115-121
Author(s):  
Muhammad Akram ◽  
Syed Shabihul Hassan . ◽  
Muhammad Farhan . ◽  
Hassan Mobeen Alam .

This study investigates the factors that determine and enhance economic growth. The factors to determine the economic growth of South Asian Association for Regional Cooperation (SAARC) countries are foreign direct investment, total debt, gross domestic investment and inflation. Simple ordinary least square is applied to analyze the determinates of economic growth with the help of panel data for 39 years with annual frequency from 1971 to 2009. The economic growth may gain boost by the factors not only by these but also many others. In this study foreign direct investment and inflation are found having inverse relationship with economic growth while gross domestic investment and total debt are found positively associated with economic growth. This study may prove useful contribution for policy making for South Asian countries.


2019 ◽  
Vol 46 (4) ◽  
pp. 599-610
Author(s):  
Adelheid Holl ◽  
Ruth Rama

Abstract On analysing a sample of Information and Communication Technology (ICT) firms, we ask whether domestic business groups that are engaged in international cooperation for innovation are likely to cooperate for innovation in the home market. We compare these companies with other types of ICT firms. The idea behind our inquiry is that domestic groups involved in international cooperation for innovation are exposed to international information, while they are also well embedded in the home economy. We find that these companies as well as foreign subsidiaries are more prone to cooperating for innovation with domestic partners than are other types of ICT companies, even when size and other characteristics of firms that may influence cooperation are taken into consideration. However, domestic groups with international cooperation for innovation show a systematically higher propensity than foreign subsidiaries to cooperate with domestic partners. These results may be useful regarding policies of foreign direct investment promotion and their alternatives.


2017 ◽  
Vol 13 (1) ◽  
pp. 13
Author(s):  
Ovais Vohra

Australia has vitally identified the benefits of innovation in past few years. The Country is ranked among the top nations in OECD. They are currently working on developing the infrastructure of Research and Development sector of the Country as well as reinforced themselves in developing their Information and Communication technology. Thus, the Country has identified the importance of innovation and how its components can help in achieving increased economic growth. Innovation is the inventive or new ways a company or country adopt to carry out its processes in a more efficient manner.The incorporation of innovation in the processes of economic development through production or other ways lead to higher profitability and broader use of the available resources in an efficient and advanced way. Thus, the purpose of the following research is to analyze innovation as an economic driving force in Australia. For the fulfillment of this purpose, the researcher carried out a quantitative research under which 5-points Likert scale was designed that include questions relating to the various identified components of innovation as the independent variable and economic growth as the dependent variable. The survey was circulated among 219 executives that are working in different sectors of Australia to understand their opinion. The results through multi-regression model depicted that innovation and technology have a significant impact on the growth of Australian economy. 


Sign in / Sign up

Export Citation Format

Share Document