An assessment of the impact of digital technology adoption on economic growth and labour productivity in Nigeria

2020 ◽  
Vol 21 (1-3) ◽  
pp. 103-128
Author(s):  
Stella Chinye Chiemeke ◽  
Omokhagbo Mike Imafidor
Keyword(s):  
Economic Growth ◽  
Technology Adoption ◽  
Digital Technology ◽  
Labour Productivity ◽  
The Impact

scholarly journals EFFECTIVENESS OF FDI, TECHNOLOGICAL GAP AND SECTORAL LEVEL PRODUCTIVITY IN THE VISEGRAD GROUP

2020 ◽  
Vol 0 (0) ◽  
pp. 1-26
Author(s):  
Kamil Makieła ◽  
Liwiusz Wojciechowski ◽  
Krzysztof Wach
Keyword(s):  
Economic Growth ◽  
Positive Impact ◽  
Labour Productivity ◽  
Technological Gap ◽  
Labour Productivity Growth ◽  
Sectoral Output ◽  
Effective Use ◽  
The Impact ◽  
Visegrad Group ◽  
Sample Heterogeneity

The objective of this paper is to investigate the impact of foreign direct investment (FDI) on economic growth and productivity in sectors of the Visegrad Group one decade after their accession to the EU. In order to account for sample heterogeneity, as well as productivity differences, we construct a generalized true random-effects model with varying efficiency distribution. We find that FDI has a positive impact on the Visegrad Group’s sectors and that its effectiveness depends upon the technological gap between the host and home economy. There are three sources of this positive impact: (i) sectoral output and labour productivity growth, (ii) more effective use of input factors, and via (iii) higher efficiency component of the total factor productivity (TFP). These sources form a three-way transmission mechanism through which FDI can impact economic growth conditioned upon FDI effectiveness due to the technological gap.

scholarly journals The impact of economic growth on unemployment in South Africa: 1994 – 2012

2015 ◽  
Vol 12 (4) ◽  
pp. 699-707
Author(s):  
Handson Banda ◽  
Ireen Choga
Keyword(s):  
Economic Growth ◽  
South Africa ◽  
South African ◽  
Time Series Data ◽  
Positive Impact ◽  
Labour Productivity ◽  
Real Effective Exchange Rate ◽  
Series Data ◽  
Long Run ◽  
The Impact

One of the most pressing problems facing the South African economy is unemployment, which has been erratic over the past few years. This study examined the impact of economic growth on unemployment, using quarterly time series data for South Africa for the period 1994 to 2012.Johansen Co-integration reflected that there is stable and one significant long run relationship between unemployment and the explanatory variables that is economic growth (GDP), budget deficit (BUG), real effective exchange rate (REER) and labour productivity (LP). The study utilized Vector Error Correction Model (VECM) to determine the effects of macroeconomic variables thus REER, LP, GDP and BUG on unemployment in South Africa. The results of VECM indicated that LP has a negative long run impact on unemployment whilst GDP, BUG and REER have positive impact. The study resulted in the following policy recommendation: South African government should re-direct its spending towards activities that directly and indirectly promote creation of employment and decent jobs; a conducive environment and flexible labour market policies or legislations without impediments to employment creation should be created; and lastly government should prioritise industries that promote labour intensive. All this will help in absorbing large pools of the unemployed population thereby reducing unemployment in South Africa.

The Antecedents of Holistic Work Engagement: Impact of Coping Stress, Digital Leadership, and Learning Culture on The Millennials in Indonesia

2020 ◽  
Vol 11 (1) ◽  
pp. 8-8
Author(s):  
Nopriadi Saputra ◽  
Glenaldo E. Hutajulu ◽  
Wandha A.S. Hidayat ◽  
Ruth T. Sinaga
Keyword(s):  
Economic Growth ◽  
Work Engagement ◽  
Digital Technology ◽  
Positive Impact ◽  
Learning Culture ◽  
Individual Group ◽  
Collaborative Working ◽  
Strategic Position ◽  
The Impact ◽  
Populous Country

Millennial generation in Indonesia is on the strategic position. As the fourth most populous country in the world, Indonesia is faced with the demographic bonus phenomenon. This socio-demographic phenomenon can be a momentum for accelerating economic growth dan getting out from the middle-class trap. In 2020, the millennials are in 20 to 40 years old and become the backbone for economic growth. The millennials reach around 88 million people. It's about 33.75% of the Indonesia population. The millennials have unique generational characteristics, especially in working-at-office environment. They have productive characteristics, such as: familiar with digital technology, collaborative working style, and love to learn new things. On the other hand, millennials have the contra-productive ones, such as: easily get stressed, less engaged, and impatient to wait for the process. Based on those facts, this study aimed to examine the impact of individual, group, and organisational antecedents on millennials' holistic work engagement. This study tried to answer "does coping stress of millennials, digital leadership of direct supervisor, and learning culture have positive impact significantly on holistic work engagement? Keywords: coping stress, digital leadership, learning culture, work engagement

scholarly journals Do Women’s Advancement and Gender Parity Promote Economic Growth? Evidence from 30 Asian Countries

2020 ◽  
Vol 11 (1) ◽  
pp. 5-26
Author(s):  
P. K. Mishra ◽  
S. K. Mishra ◽  
M. K. Sarangi
Keyword(s):  
Economic Growth ◽  
Gender Equality ◽  
Positive Impact ◽  
Labour Productivity ◽  
Women's Empowerment ◽  
Women’S Empowerment ◽  
Asian Countries ◽  
Gender Parity ◽  
And Gender ◽  
The Impact

Women’s advancement and consequential gender equality have significant implications for human capital formation, increase in labour productivity, employment creation, poverty reduction, and overall socio-economic and human development. So, inclusive growth and sustainable development would not be possible without women’s empowerment and gender equality. Thus, targeting women’s empowerment is extensively relevant for Asian countries. In this context, this article explored the impact of the gender factors on the economic growth of 30 Asian economies over the period from 1997 to 2015 by using panel autoregressive distributive lag (ARDL) model. It provides the evidence of an overall positive impact of the gender parity index of health, education, employment and democratic representation on the economic growth of Asia in the long run. Therefore, gender equality is an important determinant of economic growth in Asian countries, and hence, should be on board while planning for the empowerment of women.

International comparative evidence of e-government success and economic growth: technology adoption as an anti-corruption tool

2020 ◽  
Vol 14 (5) ◽  
pp. 713-736
Author(s):  
Amari Mouna ◽  
Baklouti Nedra ◽  
Mouakher Khaireddine
Keyword(s):  
Economic Growth ◽  
Technology Adoption ◽  
Generalized Method Of Moments ◽  
Control Level ◽  
Content Type ◽  
Ict Development ◽  
Government Efficiency ◽  
International Comparative ◽  
The Impact ◽  
Practical Implications

Purpose This paper aims to explore the impact of information communication technology (ICT) use and government efficiency on the economic growth. It assesses empirically the impact of government success in ICT promotion and government efficiency to enhance economic growth and catalyzing corruption control through technology adoption. Design/methodology/approach This paper examines the relationship between ICT and economic growth in a large sample of 149 countries for the period 2012–2016. The empirical evidence is based on the generalized method of moments. Findings There is a significant relationship between e-government development, ICT development and institutional quality, and not ICT development and corruption. The empirical results show that a negative value of the interaction suggests that the impact of corruption on economic growth is smaller for countries with a higher level of technology adoption. Practical implications The differences in e-government success across countries in the world are influenced by the digital divide due to income and corruption control level. Originality/value The efficiency of technology adoption and promotion will ensure stronger effects of corruption control on economic growth. Relevant practical implications derive from the research that can guide public policy in the area of e-government.

scholarly journals THE IMPACT OF DIGITAL TECHNOLOGY UTILIZATION IN THE TRADE SECTOR ON ITS PRODUCTIVITY, LABOR AND ECONOMIC GROWTH

2020 ◽  
Vol 14 (2) ◽  
pp. 195-214
Author(s):  
Muhammad Rizal Taufikurahman ◽  
Ahmad Heri Firdaus
Keyword(s):  
Economic Growth ◽  
General Equilibrium ◽  
Rural Areas ◽  
Digital Technology ◽  
Computable General Equilibrium ◽  
Industrial Revolution ◽  
Jel Classification ◽  
Technology Utilization ◽  
Trade Sector ◽  
The Impact

Abstrak Kehadiran ekonomi digital sebagai bagian dari revolusi industri 4.0 yang telah membuka peluang baru dalam bidang perdagangan dan menjembatani kepentingan produsen, konsumen, dan pasar tanpa dibatasi ruang dan waktu. Tujuan penelitian ini adalah menganalisis dampak pemanfaatan teknologi digital pada sektor perdagangan terhadap produktivitasnya, penyerapan tenaga kerja dan pertumbuhan ekonomi. Metode analisis yang digunakan adalah metode analisis model Computable General Equilibrium (CGE) dinamik. Hasil analisis menunjukkan digitalisasi di sektor perdagangan meningkatkan jumlah outputnya sebagai produktivitas jangka pendek dan panjang. Adapun dampak terhadap penyerapan tenaga kerja di perkotaan dan pedesaan menurunkan jenis pekerjaan tertentu pada periode analisis terutama tenaga kerja terampil rendah. Selanjutnya dampak terhadap GDP riil meningkat pada periode analisis. Kebijakan yang direkomendasikan adalah perlu perbaikan akurasi dan validitas database produk-produk yang kompetitif, strategi antisipatif untuk tenaga kerja yang terdistrupsi, pelayanan perizinan akses semakin mudah, optimalisasi aplikasi teknologi digital dalam tata kelola perdagangan, dan perbaikan sarana prasarana informasi dan teknologi. Kata Kunci: Teknologi Digital, Produktivitas, Tenaga Kerja, Pertumbuhan Ekonomi   Abstract The presence of a digital economy as part of the industrial revolution 4.0 has opened up new opportunities in trade and bridged the interests of producers, consumers, and markets without being constrained by time and space. The study aims to analyze the impact of digital technology utilization on the trade sector on its productivity, labor, and economic growth. The analysis method used is the Dynamic Computable General Equilibrium (CGE) model. The analysis results show that digitalization in the trade sector increases output as productivity in the short and long term. The impact on labor in urban and rural areas reduces certain types of work in the analysis period, especially low skilled labor. Furthermore, during the analysis period, the impact on real GDP increases. The recommended policy is to improve the accuracy and validity of competitive products' database, anticipatory strategies for labor that have disrupted, easier access licensing services, optimization of digital technology applications in trade governance, and improvement of information and technology infrastructure. Keywords: Digital Technology, Productivity, Labor, Economic Growth JEL Classification: F12, F13, F15

scholarly journals Health Status, Labour Productivity and Economic Growth in Nigeria

2019 ◽  
pp. 1-12
Author(s):  
Kelani, Fatai Adeshina ◽  
Odunayo, Henry Adewale ◽  
Ozegbe, Azuka Elvis ◽  
Nwani, Stanley Emile
Keyword(s):  
Economic Growth ◽  
Health Status ◽  
Time Series Data ◽  
Labour Productivity ◽  
Unit Root Test ◽  
Developed Countries ◽  
Policy Framework ◽  
Series Data ◽  
The Impact ◽  
Bound Test

The quest for rapid economic growth and development has pre-occupied the minds of researchers and policy makers most especially in less developed countries. This has resulted to empirical inquiry into the causes of growth in a sustainable term. This study therefore examines the impact of health status and labour productivity on economic growth in Nigeria. By utilizing annual time series data from 1981 to 2017, the study carried out ADF unit root test to ascertain the stationarity of the series. The result confirms that the series were stationary at levels and t first difference, hence, the adoption of ARDL bound test to Co-integration. The empirical estimates of the parameters of the model show that both health status and labour productivity have positive impacts on economic growth in Nigeria. This follows economic theory as expected. A further analysis of the significance of the estimates reveals that health status plays a significant role in Nigerian growth process. However, labour productivity fails to significantly impact on growth episodes in Nigeria. Other variable which stimulates economic growth in the country is gross fixed capital formation. The study therefore recommends a policy framework towards improvement in the quality of labour through adequate funding of education and re-tooling the educational system to enhance labour productivity for a more robust growth of the economy.

Impact of Human Capital, Science and Innovation on Labour Productivity in Russia

2015 ◽  
Vol 3 (4) ◽  
pp. 37-41
Author(s):  
Басовская ◽  
Elena Basovskaya
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Human Capital ◽  
Labor Productivity ◽  
Labour Productivity ◽  
Econometric Models ◽  
Cross Sectional ◽  
Russian Economy ◽  
Its Regions ◽  
The Impact

A program and methodology of the empirical study of the effect of human capital, science and innovation on productivity and economic growth are exemplified on modern Russian economy. To identify and quantify the impact of factors related to human capital, innovation, science, labor productivity in the country and its regions the author proposes to build econometric models using cross-sectional data of regional statistics. It makes possible to obtain data and forecast sizes of elasticity of labor productivity on the factors connected with the human capital, science and innovations, the country and its regions. This will generate a reasonable economic policy, policy of education and science aimed at economic growth.

scholarly journals The impact of digital technology usage on economic growth in Africa

2020 ◽  
Vol 67 ◽  
pp. 101104 ◽  
Author(s):  
Edna Maeyen Solomon ◽  
Aaron van Klyton
Keyword(s):  
Economic Growth ◽  
Digital Technology ◽  
Technology Usage ◽  
The Impact
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