Comparison of information and communication technology contribution on newly industrialized countries'economic growth

In recent years, progress in information and communication technology (ICT) has coused many structural changes, including the reorganization of economics globalization, and trade extention,which has led to capital flows and the enhancement of information availability.Moreover,ICT plays a significant...

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Main Authors:	Maryam Farhadi, Rahmah Ismail
Format:	Article
Published:	Penerbit Universiti Kebangsaan Malaysia 2012
Online Access:	http://journalarticle.ukm.my/5840/ http://journalarticle.ukm.my/5840/

id	ukm-5840
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spelling	ukm-58402013-01-14T01:55:05Z http://journalarticle.ukm.my/5840/ Comparison of information and communication technology contribution on newly industrialized countries'economic growth Maryam Farhadi, Rahmah Ismail, In recent years, progress in information and communication technology (ICT) has coused many structural changes, including the reorganization of economics globalization, and trade extention,which has led to capital flows and the enhancement of information availability.Moreover,ICT plays a significant role in the development of each economic sector,especially during liberazation processes. Growth economists predict that economic growth is driven by investment in ICT.However, empirical studies on this issue have produced mixed results, due to different research methodology and geographical configuration ultilized in the studies, In this paper we estimate the endogenous production growth model, using panel data of the newly industrialized countries (NICS) in Asia-namely Singapore, South Korea, Hong Kong, and Malaysia- over the period of 1990-2007. We find a strong significant positive impact of ICT investment on economic growth for these countries.This indicates that if these countries seek to enhance their economic growth, they need to omplement specific policies that facilitate investment in ICT. Penerbit Universiti Kebangsaan Malaysia 2012-06 Article PeerReviewed Maryam Farhadi, and Rahmah Ismail, (2012) Comparison of information and communication technology contribution on newly industrialized countries'economic growth. Jurnal Ekonomi Malaysia, 46 (1). pp. 165-171. ISSN 0127-1962 http://www.ukm.my/penerbit/jem.htm
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Kebangasaan Malaysia
building	UKM Institutional Repository
collection	Online Access
description	In recent years, progress in information and communication technology (ICT) has coused many structural changes, including the reorganization of economics globalization, and trade extention,which has led to capital flows and the enhancement of information availability.Moreover,ICT plays a significant role in the development of each economic sector,especially during liberazation processes. Growth economists predict that economic growth is driven by investment in ICT.However, empirical studies on this issue have produced mixed results, due to different research methodology and geographical configuration ultilized in the studies, In this paper we estimate the endogenous production growth model, using panel data of the newly industrialized countries (NICS) in Asia-namely Singapore, South Korea, Hong Kong, and Malaysia- over the period of 1990-2007. We find a strong significant positive impact of ICT investment on economic growth for these countries.This indicates that if these countries seek to enhance their economic growth, they need to omplement specific policies that facilitate investment in ICT.
format	Article
author	Maryam Farhadi, Rahmah Ismail,
spellingShingle	Maryam Farhadi, Rahmah Ismail, Comparison of information and communication technology contribution on newly industrialized countries'economic growth
author_facet	Maryam Farhadi, Rahmah Ismail,
author_sort	Maryam Farhadi,
title	Comparison of information and communication technology contribution on newly industrialized countries'economic growth
title_short	Comparison of information and communication technology contribution on newly industrialized countries'economic growth
title_full	Comparison of information and communication technology contribution on newly industrialized countries'economic growth
title_fullStr	Comparison of information and communication technology contribution on newly industrialized countries'economic growth
title_full_unstemmed	Comparison of information and communication technology contribution on newly industrialized countries'economic growth
title_sort	comparison of information and communication technology contribution on newly industrialized countries'economic growth
publisher	Penerbit Universiti Kebangsaan Malaysia
publishDate	2012
url	http://journalarticle.ukm.my/5840/ http://journalarticle.ukm.my/5840/
first_indexed	2023-09-18T19:45:17Z
last_indexed	2023-09-18T19:45:17Z
_version_	1777405859366699008

Comparison of information and communication technology contribution on newly industrialized countries'economic growth

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