How information and communication technology affect international trade: a comparative analysis of BRICS countries

Wang, Mei Ling; Choi, Chang Hwan

doi:10.1080/02681102.2018.1493675

Cited by 44 publications

(29 citation statements)

References 18 publications

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“…Therefore, developing countries implement ICT strategies with an intention to help the exporters in reducing the costs associated with trade and simultaneously finding potential buyers within the global markets, thereby, reducing imports. On the other hand, developing countries may look to protect specific infant industries so that they will grow and eventually offer comparative advantages (Wang and Choi, ).…”

Section: Theoretical Frameworkmentioning

confidence: 99%

Foreign direct investment, information and communication technology, trade, and economic growth in the South Asian Association for Regional Cooperation countries: An empirical insight

Bhujabal

Sethi

2019

Journal of Public Affairs

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Information and communication technology (ICT) is one of the key sectors promoting economic growth in the present modern era of globalization. It promotes technological advances in global communications as well as production techniques and contributes to economic growth and development. Most of the economic activities, including international trade and foreign direct investment (FDI), are largely dependent on various modern sources of ICT. The objective of this study is to examine the dynamic relationship between FDI, ICT, trade, and per capita gross domestic product growth across the South Asian Association for Regional Cooperation (SAARC) developing nations from 2000 to 2017. We have used different panel estimates such as fully modified ordinary least squares, dynamic ordinary least squares, Fisher–Johansen cointegration test, panel autoregressive distributed lag, and Dumitrescu–Hurlin causality. We found existence of unidirectional causality from FDI to ICT and bidirectional causal relationship between trade and ICT. The outcome of our study suggests policy recommendations for improving the standards of ICT, specifically focusing on economic growth, trade openness, and facilitation of foreign investment in the SAARC countries.

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Section: Theoretical Frameworkmentioning

confidence: 99%

Foreign direct investment, information and communication technology, trade, and economic growth in the South Asian Association for Regional Cooperation countries: An empirical insight

Bhujabal

Sethi

2019

Journal of Public Affairs

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“…Previous studies on the relationship between the digital economy and international trade (Abeliansky et al, 2020;Freund & Weinhold, 2004;Lin, 2015;Ozcan, 2018;Rodríguez-Crespo & Martínez-Zarzoso, 2019;Wang & Choi, 2019) but not limited to documented positive results. Freund and Weinhold (2004) conclude that internet use positively influences international trade.…”

Section: H 2 : the Digital Economy Enhances Economic Growth In Africamentioning

confidence: 95%

“…Similarly, Wang and Choi (2019) investigated the effects of ICT on trade for BRICS countries, covering 2000 to 2016 panel data. The results of their study suggest that ICT usage promotes international trade.…”

Section: H 2 : the Digital Economy Enhances Economic Growth In Africamentioning

confidence: 99%

International trade and economic growth in Africa: The role of the digital economy

Abendin

Duan

2021

Cogent Economics & Finance

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This paper examines the role the digital economy plays in international trade impacts on Africa's economic growth based on 53 countries' sample from 2000-2018. We further divided the sample into five sub-regions, and the results are estimated by POLS, random and fixed effects, and the GMM models. The findings showed that (1) trade only has positive effects on economic growth when interacted with the digital economy in the POLS estimations, (2) Trade has a significantly positive impact on economic prosperity without and with the interactive term in the RE, FE, and the sys-GMM estimations, (3) the output elasticities of capital and labor have positive and negative impacts on economic growth, respectively, (4) the regressions for the sub-sample yielded statistically significant differences in the output elasticities for the indicators. The study recommends that concentrated efforts be directed towards developing the digital economy to ensure international trade's full economic effect in Africa.

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“…The trade effect of the Internet has been widely examined in a gravity model and most of the studies have acknowledged a positive relationship [15][16][17][18][19][20][21][22][23][24]. Using data from transition economies of Central Asia and Eastern Europe, Clarke [15] found that enterprises with access to Internet export more than those without it.…”

Section: Cbec and International Tradementioning

confidence: 99%

The effects of China’s cross-border e-commerce on its exports: a comparative analysis of goods and services trade

Yin

Choi

2021

Electron Commer Res

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This study examines the effects of China’s cross-border e-commerce (CBEC) on its goods and services exports to ‘Belt and Road’ (B&R) countries for the period 2000–2018 using a gravity model. We find that CBEC has a greater positive impact on trade in services than on trade in goods, especially after the implementation of the B&R initiative. Furthermore, as the level of CBEC rises, distance tends to have a lower (higher) impact on services (goods) trade, whereas the impact on services (goods) trade increased (decreased) annually. Hence, promoting the sustainable development of CBEC can lead to increased export volumes.

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How information and communication technology affect international trade: a comparative analysis of BRICS countries

Cited by 44 publications

References 18 publications

Foreign direct investment, information and communication technology, trade, and economic growth in the South Asian Association for Regional Cooperation countries: An empirical insight

Foreign direct investment, information and communication technology, trade, and economic growth in the South Asian Association for Regional Cooperation countries: An empirical insight

International trade and economic growth in Africa: The role of the digital economy

The effects of China’s cross-border e-commerce on its exports: a comparative analysis of goods and services trade

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