Log into your Cashship Account

Forgot Password?

Don’t have an account?

Sign up

By continuing you accept our Terms of Use and Privacy Policy

Create an account in Cashship

Login Details
Personal Information

Enter your legal name as shown on your driver's license or passport.

Enter your legal name as shown on your driver's license or passport.

Already have an account?

Log In

By completing this form, you accept Cashship Terms and Conditions and Privacy Policy. You agree to receive marketing and others communications electronically according to the E-sign Disclosure and Consent Notice.

#Digital
#Economy
#development
#Institutional
#qualityeconomic
#growthICT
#infrastructure
Institutional development in an information-driven economy: can ICTs enhance economic growth for low- and lower middle-income countries?
Rudra P. Pradhan,Mak B. Arvin,Mahendhiran Nair,John H. Hall &Sara E. Bennett
2022-04-05

ABSTRACT

The information and communication technology (ICT) revolution has brought positive spill-over effects on institutions and economies across the globe, but it has also increased the information gaps between countries. A key characteristic that may explain these widening gaps is the deepening endogenous relationships between ICT infrastructure, institutions of governance, and economic growth in many developing countries. Thus far, the links between these variables have not been discernible in developing economies, so few studies have explored them. In this paper, we investigate the possible Granger causal relationships among institutional quality, economic growth, and ICT infrastructure development for a sample of developing countries for the period from 2005 to 2019. The application of a vector error-correction model reveals strong inter-relationships between all the variables in the short run. In the long run, institutional quality and ICT infrastructure development stimulate economic growth. These complex relationships are explored and lessons are drawn for policymakers.

 

RESEARCH HIGHLIGHTS

We assess interactions between institutional quality and ICT infrastructure as well as economic growth.

 

We deploy a panel Granger causality test for low- and lower middle-income countries from 2005 to 2019.

 

We show that there is Granger causality between the variables in the short and the long term.

 

For each case and specification, there is support for the hypothesis that ICT infrastructure and institutional quality both Granger-cause growth in the economy.

 

In the short run, we note a feedback relationship between institutional quality and economic growth. Other short-run results are more varied, based on the particulars proxies for institutional quality and ICT infrastructure.



Read more: https://www.tandfonline.com/doi/full/10.1080/02681102.2022.2051417

Related articles
#Digital
#Economy
#development
Institutional development in an information-driven economy: can ICTs enhance economic growth for low- and lower middle-income countries?

The information and communication technology (ICT) revolution has brought positive spill-over effects on institutions and economies across the globe, but it has also increased the information gaps between countries.

Rudra P. Pradhan,Mak B. Arvin,Mahendhiran Nair,John H. Hall &Sara E. Bennett
2022-04-05
#Wallet
#Mobile
10 Reasons Why You Should Be Using A Mobile Wallet If You Aren't Already

A mobile wallet is just what it sounds like – a wallet that exists on your smartphone instead of in your pocket.

hdfcbank
2022-04-05
Company

About Us

Blog

Services

Send Money

Reload Phones

Pay Bills

Gift Cards

Track Transfers

Support

Help

Report Fraud

Contact

Terms and Conditions

Anti-money laundering policies

Privacy Notice

OFAC Sanctions Compliance

Licenses

©2024 Cashship. All rights reserved

©2024 Cashship. All rights reserved