Investment in Information and Communication Technologies (ICT) and its Payoff in Malaysia

2005 ◽  
Vol 4 (2) ◽  
pp. 147-168 ◽  
Author(s):  
Mudiarasan Kuppusamy ◽  
A. Solucis Santhapparaj
Keyword(s):  
Economic Growth ◽  
Information And Communication Technologies ◽  
Socioeconomic Development ◽  
Secondary Data ◽  
Communication Technologies ◽  
Correction Method ◽  
Empirical Examination ◽  
Information And Communication ◽  
Total Labor ◽  
The Impact

AbstractInformation and communication technologies (ICT) have become the key drivers for socioeconomic development in recent years. This paper provides an empirical examination on the impact of ICT on Malaysian economic growth over the period 1975-2002 by using secondary data. Real GDP has been used as the dependent variable with three independent variables, namely, investment on ICT, non-ICT investment, and total labor employed in the economy. The unrestricted error correction method (UECM) and the cointegration bounds test revealed that the ICT had contributed positively to Malaysia's economic growth over the study period. The empirical result reflects the benefits gained from the immense ICT-based investment made in the country over the years. Further, several policy recommendations are discussed on how Malaysia can achieve better economic growth by leveraging of ICT.

The Impact of Information and Communication Technologies on Economic Growth and Electricity Consumption

2020 ◽  
pp. 307-324
Author(s):  
Burcu Berke ◽  
Gülsüm Akarsu ◽  
Gökhan Obay
Keyword(s):  
Economic Growth ◽  
Information And Communication Technologies ◽  
Electricity Consumption ◽  
Communication Technologies ◽  
European Countries ◽  
Eastern European ◽  
Economic Variables ◽  
Information And Communication ◽  
Eastern European Countries ◽  
The Impact

Information overload is an important issue in the digital economy. Although, information can be easily accessed and disseminated by widespread use of information and communication technologies (ICT) since 1990s; among countries, there are still significant disparities in information access and utilization as well as ICT access and usage. ICT affect economy, industries and companies holistically and have important functions like increasing economic growth and promoting development. The basic purpose of this study is to analyze the impact of ICT on economic growth and electricity consumption for a group of Balkan and Eastern European countries by using other economic variables that affect electricity consumption and growth, such as income and electricity consumption for control purposes. This study employed a panel data method on a group of Balkan and Eastern European countries to verify the effect of other economic variables, primarily electricity consumption and found that ICT had positive impacts on economic growth.

scholarly journals The Impact of Information and Communication Technologies (ICT) on Energy Poverty and Unemployment in Selected European Union Countries

Energies ◽  
2021 ◽  
Vol 14 (19) ◽  
pp. 6110
Author(s):  
Marta Postuła ◽  
Wojciech Chmielewski ◽  
Piotr Puczyński ◽  
Rafał Cieślik
Keyword(s):  
Labour Market ◽  
Information And Communication Technologies ◽  
Secondary Data ◽  
Communication Technologies ◽  
Point Of View ◽  
Energy Poverty ◽  
Eu Member States ◽  
Information And Communication ◽  
The Impact

The accelerated development of information and communication technologies (ICT) over the last three decades has encouraged researchers to analyse the impact of this phenomenon on the labour market. The potential decline in employment resulting from the proliferation of ICT may reduce access to basic energy services and even lead to energy poverty in the form of inability to heat the apartment as needed, allocating a significant part of revenues to expenses related to heating or problems with the timely payment of energy bills. Because access to energy is of fundamental importance for improving the quality of life and is crucial from the point of view of economic development, it is justified to verify the hypothesis that the accelerated development of ICT in EU countries may contribute to an increase in unemployment and, consequently, translate into a higher level of energy poverty. The described research results were obtained thanks to a comparative factor analysis based on secondary data. The analysis showed that in the period 2009–2019, the use of ICT had a limited impact on the unemployment rate in the EU and had a significant impact on reducing the level of energy poverty in EU Member States. As regards the impact of ICT factors on the level of energy poverty, only IP traffic showed a significant impact in this area. When it comes to the labour market, it was found that employment is chiefly influenced by economic factors such as labour costs.

scholarly journals A sustainable economy for Senegal: A transition to a digital-based economy

2018 ◽  
Vol 6 (12) ◽  
pp. 11-25
Author(s):  
NDIAYE SOULEYMANE
Keyword(s):  
Economic Growth ◽  
Information And Communication Technologies ◽  
Positive Impact ◽  
Estimation Method ◽  
Communication Technologies ◽  
Distributed Lag ◽  
Information And Communication ◽  
Auto Regressive ◽  
The Impact

The purpose of this article is to analyze the sustainability of the Senegalese economy towards a digital transition. To do this, this work focused on modeling the relationship between digital technologies and economic growth. We applied the ARDL (Auto-Regressive Distributed Lag) estimation method to model the long-term and short-term dynamics of the impact of the digital economy on economic growth in Senegal. The results of the estimates, as part of the specification used, lead to the conclusion that there is a positive impact of information and communication technologies (ICT) on economic growth. These results are mainly due to the productive nature of investment and factor productivity.

scholarly journals Does Information and Communication Technologies Sustain Economic Growth? The Underdeveloped and Developing Countries Case

2010 ◽  
pp. 147-160
Author(s):  
Erkan Erdil ◽  
I. Hakan Yetkiner ◽  
Burcu Türkcan
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Information And Communication Technologies ◽  
Communication Technologies ◽  
Data Set ◽  
Long Run ◽  
Determining Factors ◽  
Information And Communication ◽  
The Impact ◽  
The Relationship

This chapter tests the impact of ICT on economic growth for underdeveloped and developing countries by using a panel dataset for the period of 1995-2006. The authors first develop the theory of the relationship between ICT and economic growth. They show that ICT-capital has a positive effect both on long-run and transitional income per capita, if it is considered as a factor of production. Next, the authors estimate a panel data set with 131 underdeveloped and developing countries under the assumption that ICT is one of the determining factors of economic growth. They find that ICT has positive and significant effect on economic growth even after the use of some control variables.

How integration of information and communication technologies impact academic achievement? An empirical study on Sindh education foundation

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Amjad Ali Rind ◽  
Muhammad Mujtaba Asad ◽  
Shahmeer Ali Marri ◽  
Fahad Sherwani ◽  
Fazal Ur Rehman
Keyword(s):  
Information And Communication Technologies ◽  
Science Teachers ◽  
Teaching And Learning ◽  
Secondary Data ◽  
Communication Technologies ◽  
The Body ◽  
Content Type ◽  
Science Scores ◽  
Information And Communication ◽  
The Impact

PurposeThe purpose of the study was to evaluate the impact of Introduction of Smart Teaching and Learning (INSTAL) project on students' academic achievements in terms of students' science scores. Information and communication technologies (ICT)-based initiative was introduced in Sindh Education Foundation (SEF) schools at District Khairpur, Sindh, Pakistan. The aim of the study was to identify whether science test scores of students have been improved with the use of INSTAL facility at schools or remained the same at SEF-supported schools.Design/methodology/approachThe quantitative research approach has been used in the current study, and within it a quasi-experimental research design was employed. The descriptive (mean, standard deviation) and inferential statistics (independent sample t-test and paired sample t-test) were computed to find the pre- and post-difference in science scores of students. Both primary and secondary data were used. The primary data were gathered through questionnaire from 48 science teachers. Whereas, secondary data of 382 students who used ICT-based facility under INSATL project for two academic years were taken from quality assessment test (QAT) scores conducted by third party in SEF-assisted schools in District Khairpur.FindingsThe findings of the study revealed that the students' science scores improved by 10% in one year and 23% in two years with the use of ICT-based facilities under INSTAL project. Also, it can be concluded from the results that ICT has a positive as well as statistically significant impact on students' science learning by using INSTAL facility in schools. Results of the study show that students' level of interest toward learning science has been enhanced by the use of ICT.Practical implicationsAs the world is rapidly moving toward digitalization, the modes of teaching and learning have been changing. ICT plays a very significant role in the betterment of education. ICT helps to achieve socio-economic development of a country. However, Pakistan, being a developing country, has not that much resources, and ICT-based learning is not common in Pakistan. Therefore, it is very important to be aware people about the usage of technology in teaching and learning. The present study is an attempt to create such type of awareness. Moreover, the current study may be the first kind of study in the context of Pakistan which used TPACK as theoretical framework, and this study may contribute to the body of knowledge in the context of ICT.Originality/valueImplementing ICT-based software for teaching and learning in rural context of Pakistan was a challenging task, but it has brought positive results in terms of student's achievement. This may be the first study that has been conducted in the context of adopted schools of SEF.

scholarly journals The Impact of ICT Investment and Diffusion on Economic Growth: Empirical Evidence from Rwanda

2021 ◽  
Vol 7 (4) ◽  
pp. 23-36
Author(s):  
MUGABE Roger ◽  
Liu Shulin ◽  
Byringiro Enock
Keyword(s):  
Economic Growth ◽  
Information And Communication Technologies ◽  
Communication Technologies ◽  
Technical Innovation ◽  
Capital Goods ◽  
Intermediate Inputs ◽  
Information And Communication ◽  
Ict Development ◽  
The Impact ◽  
And Diffusion

This study evaluates the influence of Information and Communication Technologies (ICT) investment and diffusion on Rwanda's economic growth. At the level we recommend, ICT imports greatly improve intermediate inputs to capital goods, resulting in increased economic growth. We use the most recent available data on technical innovation and investment for our empirical study, which spans the years 2005Q1 to 2020Q4. The results of regression analysis show that ICT development has little effect on Rwanda's economic growth. However, we notice a patchwork of information on ICT investment. We utilize ICT goods exports and imports as a proxy for ICT investment, based on previous research. Surprisingly, ICT goods exports have had no impact on Rwanda's economic growth. We do notice, however, that a 1% increase in ICT goods imports boosts economic growth by 3.9 percent. At this level, ICT goods import greatly boost the intermediate input to capital goods, resulting in increased economic growth. As a result, officials should ensure that ICT goods imports should be prioritized through supporting ICT investment to boost economic growth.

The Impact of Information and Communication Technologies on Economic Growth and Electricity Consumption

2017 ◽  
pp. 176-200
Author(s):  
Burcu Berke ◽  
Gülsüm Akarsu ◽  
Gökhan Obay
Keyword(s):  
Economic Growth ◽  
Information And Communication Technologies ◽  
Electricity Consumption ◽  
Communication Technologies ◽  
European Countries ◽  
Eastern European ◽  
Economic Variables ◽  
Information And Communication ◽  
Eastern European Countries ◽  
The Impact

Information overload is an important issue in the digital economy. Although, information can be easily accessed and disseminated by widespread use of information and communication technologies (ICT) since 1990s; among countries, there are still significant disparities in information access and utilization as well as ICT access and usage. ICT affect economy, industries and companies holistically and have important functions like increasing economic growth and promoting development. The basic purpose of this study is to analyze the impact of ICT on economic growth and electricity consumption for a group of Balkan and Eastern European countries by using other economic variables that affect electricity consumption and growth, such as income and electricity consumption for control purposes. This study employed a panel data method on a group of Balkan and Eastern European countries to verify the effect of other economic variables, primarily electricity consumption and found that ICT had positive impacts on economic growth.

scholarly journals THE EFFECT OF INFORMATION TECHNOLOGY AND HUMAN CAPITAL ON ECONOMIC GROWTH

2010 ◽  
Vol 15 (5) ◽  
pp. 595-615 ◽  
Author(s):  
Elena Ketteni ◽  
Theofanis Mamuneas ◽  
Thanasis Stengos
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Information And Communication Technologies ◽  
Communication Technologies ◽  
Industrialized Countries ◽  
Time Period ◽  
Information And Communication ◽  
Nonparametric Techniques ◽  
The Impact ◽  
High Output

In this paper we compare the impact of hardware, software, and communication equipment, widely referred to as information and communication technologies (ICT), on economic growth among the advanced industrialized countries. We use nonparametric techniques that allow us to estimate the output elasticities of ICT and human capital directly for each country and time period in our sample. Our results indicate that countries with high levels of ICT capital have high output elasticities of human capital. In addition, countries with high levels of human capital have high output elasticities of ICT, a result suggesting complementarity between the two.

The Digital Economy, ICT and Economic Growth in the CEE Countries

2015 ◽  
Vol 10 (3) ◽  
pp. 247-262 ◽  
Author(s):  
Łukasz Arendt
Keyword(s):  
Economic Growth ◽  
Information And Communication Technologies ◽  
Communication Technologies ◽  
General Purpose ◽  
Digital Economy ◽  
Gdp Growth ◽  
Eastern European ◽  
General Purpose Technologies ◽  
Information And Communication ◽  
The Impact

This paper focuses on the relationship between Information and Communication Technologies, GDP growth and productivity in the Central and Eastern European (CEE) countries. It elaborates on measures of the digital economy/information society, emphasizing the role of complementary factors to ICT that are crucial for the productive use of these General Purpose Technologies. The paper discusses the impact of technical progress, induced by the development of ICT, on sources of economic growth by describing changes in the contribution of ICT capital and non-ICT capital, labour and TFP to GDP growth in the CEE and EU-15 countries.

Sign in / Sign up

Export Citation Format

Share Document