scholarly journals Impact of Information and Communication Technology (ICT) Infrastructure on Economic Growth and Income Inequality in Indonesia

2019 ◽  
pp. 109-116 ◽  
Author(s):  
Rima Untari ◽  
Dominicus Savio Priyarsono ◽  
Tanti Novianti
Keyword(s):  
Economic Growth ◽  
Income Inequality ◽  
Information And Communication Technology ◽  
Communication Technology ◽  
Positive Impact ◽  
Simultaneous Equation ◽  
Least Square ◽  
Information And Communication ◽  
Ict Infrastructure ◽  
The Impact

Information and Communication Technology (ICT) plays an important role in supporting economic growth and overcoming income inequality. ICT infrastructure functions to facilitate the use of ICT by economic actors through ICT devices. Previous research used more data between countries or between districts/cities while Indonesia consisted of provinces with different social and economic characteristics. Therefore, the purpose of this study is to analyze the impact of ICT infrastructure on economic growth and income inequality in Indonesia using provincial panel data for the period 2011-2016. The results of the analysis of simultaneous equation models using the Two Stages Least Square (TSLS) method state that ICT infrastructure indicators consisting of cellular telephone ownership, internet accessibility, and the number of Base Transceiver Station (BTS) significantly has a positive impact on economic growth. In addition, these ICT infrastructure variables indirectly have an impact on income inequality through economic growth. Other results obtained are that government spending on ICTs do not significantly impact economic growth and income inequality in Indonesia. The conclusion is that ICT infrastructure has a direct impact on economic growth and an indirect impact on income inequality.

scholarly journals Impact of Information and Communication Technology Infrastructure on Economic Growth: An Empirical Assessment for the EU Countries

2018 ◽  
Vol 10 (10) ◽  
pp. 3750 ◽  
Author(s):  
Elena Toader ◽  
Bogdan Firtescu ◽  
Angela Roman ◽  
Sorin Anton
Keyword(s):  
Economic Growth ◽  
Information And Communication Technology ◽  
Communication Technology ◽  
Macroeconomic Factors ◽  
Eu Countries ◽  
Information And Communication ◽  
Per Capita ◽  
Ict Infrastructure ◽  
The Impact ◽  
The Eu

The accelerated development of information and communication technology (ICT) over the past two decades has encouraged an increasing number of researchers to examine and measure the impact of this technology on economic growth. Our study aims to identify and evaluate the effect of using ICT infrastructure on economic growth in European Union (EU) countries for a period of 18 years (2000–2017). Using panel-data estimation techniques, we investigate empirically how various indicators of ICT infrastructure affect economic growth, proxied in our study by GDP per capita. Within the estimates, we have included some macroeconomic control variables. Our results indicate a positive and strongly effect of using ICT infrastructure on economic growth in the EU member states, but the magnitude of the effect differs depending on the type of technology examined. Regarding the impact of macroeconomic factors, our estimates indicate that inflation rate, unemployment rate, the degree of trade openness, government expenditures, and foreign direct investments would significantly affect GDP per capita at EU level. The findings are broadly similar to the theoretical predictions, but also to the findings of some relevant empirical studies. Our research reveals that ICT infrastructure, along with other macroeconomic factors, is an important driver of economic growth in EU countries.

scholarly journals Impact of Information and Communication Technology on Economic Growth: Evidence from Developing Countries

Economies ◽  
2019 ◽  
Vol 7 (1) ◽  
pp. 21 ◽  
Author(s):  
Raéf Bahrini ◽  
Alaa Qaffas
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Information And Communication Technology ◽  
Communication Technology ◽  
Internet Usage ◽  
Sub Saharan Africa ◽  
Information And Communication ◽  
Ict Infrastructure ◽  
The Impact ◽  
Ssa Countries

The present study aims to evaluate the impact of information and communication technology (ICT) on the economic growth of selected developing countries in the Middle East and North Africa (MENA) region and the Sub-Saharan Africa (SSA) region by using a panel Generalized Method of Moment (GMM) growth model over the period 2007–2016. The results extracted from the econometric model show that except fixed telephone, other information and communication technologies such as mobile phone, Internet usage, and broadband adoption are the main drivers of economic growth in MENA and SSA developing countries over the recent period 2007–2016. In addition, our findings confirm the superiority of MENA countries over SSA countries in the areas of Internet usage and broadband adoption. From a policy perspective, the results suggest that authorities in MENA and SSA countries should increase investments in ICT infrastructure. To benefit from the ICT drivers of economic growth, policymakers should enact several important policies that permit the development of financial sectors, provide a more convenient regulatory and institutional environment, increase economy openness, prioritize the allocation of resources to the development of ICT infrastructure, and contain the negative effects of inflation and government consumption.

scholarly journals The Impact of Digital Innovation on Education in Romanian Education

2020 ◽  
Author(s):  
Emilia Ţiţan ◽  
◽  
Daniela-Ioana Manea ◽  
Mihaela Mihai ◽  
Cristina Cărămidaru ◽  
...  
Keyword(s):  
Information And Communication Technology ◽  
Communication Technology ◽  
Personal Development ◽  
Positive Impact ◽  
Modern Technology ◽  
Educational Process ◽  
Digital Innovation ◽  
Information And Communication ◽  
Digital Knowledge ◽  
The Impact

Due to the accelerated pace of information and communication technology developments, the digital society and the digital economy have become real and, in turn, pose specific challenges. In this environment, digital skills and competences are essential to achieve the professional success and personal development of any individual. The positive impact that information and communication technology has on education cannot be disputed, but there are also some obstacles that need to be overcome in order to make the most of these benefits. An essential aspect to consider is that technology has repercussions not only on pupils and students, but also on teachers, who must adapt and acquire the knowledge necessary to disseminate information. Having as the main objective of reflecting the impact of digitalization on the educational sector, the paper highlights the basic concepts in the field of digital technology and, at the same time, the current implications on educational processes. At the same time, through logistic regression, the way in which the means of digital innovation influence the education in Romania is analysed and to determine the factors with the highest degree of influence. Modern technology can be considered as synonymous with the future and that is why it is essential that all young students acquire the digital knowledge necessary to revolutionize the educational process and at the same time redefine the recruitment of the labour market.

scholarly journals Empirical Research on the Investment Performance of Information and Communication Technology in China

2020 ◽  
Vol 12 (2) ◽  
pp. 94
Author(s):  
Wei Qiying
Keyword(s):  
Economic Growth ◽  
Information And Communication Technology ◽  
Communication Technology ◽  
Economic Performance ◽  
Positive Impact ◽  
Physical Capital ◽  
Vital Role ◽  
Dynamic Adjustment ◽  
Investment Performance ◽  
Information And Communication

The continuous development of the new-generation Information and Communication Technology (ICT) has drawn increased focus and investment from China. However, will China’s investment in the ICT bring a long-term positive impact on China’s economic growth? Will such impact be changed by any external factors? These questions bear strong significance for the academic cycle and require urgent solutions. Given such concerns, the paper introduced a partial dynamic adjustment model and selected the panel data of China from 2001 to 2016 to study how China’s investment in ICT affected its economic performance. The study found that such investment has significantly promoted the economic growth of China with gradually shortened gap between physical capital and the ICT investment, while human capital still played a vital role in economic growth; there is a mutual and harmonious influence between macrovariable and the speed of adjustment, and only their effective combination can improve economic performance to the maximum extent.

scholarly journals Information and Communication Technology (ICT) Infrastructure and Financial Inclusion in India

2019 ◽  
Vol 9 (2) ◽  
pp. 3781-3783
Keyword(s):  
Economic Growth ◽  
Information And Communication Technology ◽  
Communication Technology ◽  
Secondary Data ◽  
Financial Inclusion ◽  
Policy Makers ◽  
Information And Communication ◽  
Total Productivity ◽  
Ict Infrastructure

ICT (Information and Communication Technology ) is the mostly discussed and observed subject matter now a days. In the all round progress of an economy , this sector has a key role to play. An economy cannot thrive well with proper information and communication technology. In driving the development of financial inclusion and sustainable development the role played by information and communication technology , cannot be overlooked. This infrastructure plays a crucial role ,enhancing the technical progress and thereby total productivity of the economy. Moreover previous findings have also showed a positive correlation of ICT on economic growth. This paper studies the role of ICT by using a multiple regression analysis. We have used mainly secondary data to arrive a logical conclusion. It is expected that this paper will help the policy makers and the researchers in analyzing and understanding the importance of financial inclusiveness for economic development.

scholarly journals Impact of Economic Integration and Information and Communication Technology on Economic Growth for European Union: Dynamic Panel GMM Approach

2021 ◽  
Vol 11 (4) ◽  
pp. 1
Author(s):  
Muhammad Bilal Ahsin ◽  
Jerome Kueh ◽  
Muhammad Asraf bin Abdullah
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Information And Communication Technology ◽  
Economic Integration ◽  
Communication Technology ◽  
Generalized Method Of Moments ◽  
Substantial Effect ◽  
Rapid Economic Growth ◽  
Information And Communication ◽  
The Impact

European Union is the strongest economic union globally and has observed rapid economic growth in the last few decades. This study investigates whether economic integration and information and communication technology (ICT) promotes economic growth in the EU. Additionally, the study examines the role of ICT for economic integration and growth relationship concerning ICT readiness and usage. The study undertook panel data from 2002 to 2019 and employed the Generalized Method of Moments approach to estimate results. The results revealed that economic integration and ICT enhance economic growth. Moreover, enhanced ICT stimulates the impact of economic integration on economic growth. The results also confirmed a more substantial effect of ICT usage on economic growth than ICT readiness.

ICT Infrastructure Framework for Microfinance Institutions and Banks in Pakistan

2013 ◽  
Vol 3 (2) ◽  
pp. 75-86
Author(s):  
Sadiq Shahbaz Ali ◽  
M. N. A. Khan
Keyword(s):  
Information And Communication Technology ◽  
Communication Technology ◽  
Cost Effective ◽  
Point Of View ◽  
Microfinance Institutions ◽  
Effective Delivery ◽  
Information And Communication ◽  
Ict Infrastructure ◽  
The Masses ◽  
The Impact

Information and communication technology (ICT) can be termed as a reagent for the microfinance sector. It has contributed significantly for the growth of this sector, which is clearly depicted from the reviewed literature as well as the market evaluation. The paper analyzes the impact of technological advancements within the microfinance industry from academic as well as practitioner’s point of view. The true advantage of that advancement in the technology is yet to be realized by this sector. The paper proposed that ICT components on an optimized approach can be beneficial for a new as well as an experienced microfinance player for the efficient and cost effective delivery of its services to the masses without any major hindrance.

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