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     Research Journal of Applied Sciences, Engineering and Technology


The Impact of Information and Communication Technology Availability on Economic Growth

Maryam Farhadi and Rahmah Ismail
Department of Accounting, Islamic Azad University, Mobarakeh Branch, Isfahan, Iran School of Economics, Faculty of Economics and Management, Universiti Kebangsaan Malaysia, UKM Bangi, Selangor, Malaysia
Research Journal of Applied Sciences, Engineering and Technology  2014  7:1412-1417
http://dx.doi.org/10.19026/rjaset.7.410  |  © The Author(s) 2014
Received: May 16, 2013  |  Accepted: June 06, 2013  |  Published: February 20, 2014

Abstract

This study studies the impact of Information and Communication Technology (ICT) availability on economic growth in different countries and regions of the world. The results indicate that there is a positive relationship between growth rate of real GDP per capita and ICT access index (as measured by the fixed telephone lines per 100 inhabitants, mobile cellular telephone subscriptions per 100 inhabitants, international internet bandwidth per Internet user, proportion of households with a computer and proportion of households with Internet access at home) for 142 countries over the world. This study also finds that ICT access in the high income group has a higher effect on economic growth than other groups. This implies that if these countries seek to enhance their economic growth, they need to implement specific policies that facilitate ICT access.

Keywords:

Economic growth, GMM, ICT, information and communication technology access,


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Competing interests

The authors have no competing interests.

Open Access Policy

This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.

Copyright

The authors have no competing interests.

ISSN (Online):  2040-7467
ISSN (Print):   2040-7459
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