ICT growth effects at the industry level: A comparison between the US and the EU

Dimelis, Sophia; Papaioannou, Sotiris

doi:10.1016/j.infoecopol.2010.03.004

Cited by 62 publications

(25 citation statements)

References 48 publications

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“…Briefly, the system GMM estimator uses as additional instruments the first differences of the instrumented variables. As mentioned by Arellano and Bover (1995) and Blundell and Bond (1998), it can be obtained more efficient estimators by allowing more instruments in this GMM estimation (Dimelis & Papaioannou, 2011). This method is named as GMM-in-systems.…”

Section: Econometric Analysis and Resultsmentioning

confidence: 83%

“…Although, Blundell and Bond (1998) express that the instruments used in the first-differenced GMM estimator return to less informative structure in two substantial cases: the value of  increases towards unity and the relative variance of the fixed effects increases. Arellano-Bond estimator has a problem that lagged levels are weak instruments for an equation in first differences (Dimelis & Papaioannou, 2011). A further growth is improved by Arellano and Bover (1995) and Blundell and Bond (1998).…”

Section: Econometric Analysis and Resultsmentioning

confidence: 99%

See 1 more Smart Citation

National Ict, Economic Freedom and Human Development: A Cross-Country Dynamic Panel Data Analysis

Türen¹,

Gökmen²,

Keser³

2016

RW-JASC

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Human Development Level (HDL) is considered to be one of the most important factors in determining the dignity of citizens and attractiveness of a country. Nations, which are aware of the importance of Information and Communication Technologies (ICT) make policies to encourage investments both in public and private sectors, and to advance the adaptation of the population. Likewise, economic freedom level (EFL) is a factor displaying the attractiveness of a country in the eyes of global capital. Our objective in this study is to investigate the effects of ICT and EFL on nations' HDL, based on panel data of 118 countries covering the period of 2000-2011. We employ dynamic panel data analysis and find that ICT, EFL significantly increase HDL in positive direction. Based on our findings, HDL is a very significant aspect for any nation, and so it is recommended that governments who chase after increasing HDL should allocate more resources to progress ICT diffusion and establish more economically free environment.

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Section: Econometric Analysis and Resultsmentioning

confidence: 83%

Section: Econometric Analysis and Resultsmentioning

confidence: 99%

National Ict, Economic Freedom and Human Development: A Cross-Country Dynamic Panel Data Analysis

Türen¹,

Gökmen²,

Keser³

2016

RW-JASC

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“…Thompason and Garbacz (2007) and Baquero (2013) examine technical efficiency by estimating stochasticfrontier production functions. Indeed, in contrast to Röller and Waverman (2001) (Dimelis andPapaioannou, 2011, Data andArgawal, 2004).…”

Section: Telecommunications and Growthmentioning

confidence: 99%

Mobile Telecommunications Infrastructure and Economic Growth: Evidence from China

Ward

Zheng

2013

SSRN Journal

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in EconStor may be saved and copied for your personal and scholarly purposes.You are not to copy documents for public or commercial purposes, to exhibit the documents publicly, to make them publicly available on the internet, or to distribute or otherwise use the documents in public. licence. www.econstor.eu If the documents have been made available under an Open Content Licence (especially Creative Commons Licences), you may exercise further usage rights as specified in the indicated ABSTRACTWe contribute to the role of telecommunications infrastructure on economic growth in three ways. We separately examine fixed-line and mobile telephone subscription levels. We compare results across periods and regions that differ by the level of development. In addition, we develop a method designed to address endogeneity of telecommunications with respect to growth. We find that mobile services contribute much more to growth but that the effect diminishes as the provincial economy develops more.Key Words: Growth, Mobile Phone, China JEL Codes: O4, L96 2 IntroductionAdvances in telecommunications have been found to contribute significantly to economic growth. But the effects on growth are thought to depend on the particular telecommunications technologies and on a country's level of development. Historically, growing fixed-line subscribership had been associated with economic growth. However, mobile telephone service is often the preferred mode of access for consumers, especially in developing countries. As a consequence economic growth has recently been more often associated with rapid mobile takeup rates while fixed-line take-up rates remained flat. During these infrastructure build-outs, it is not clear how the two technologies have interacted with each other. Moreover, it is difficult to determine to what extent either access mode is a cause of growth or a consequence of it. While much of the existing literature has tackled one or two of these issues in isolation, none has integrated all of these features into a single analysis.We take advantage of features of the Chinese experience from 1991 to 1010 to uncover some of these subtleties. This period represents a relatively compressed timespan during which telecommunications subscription grew enormously (see Figure 1). China went from a telephone subscription rate of less than 1% to nearly two-thirds. This rapid diffusion occurred during a period of liberalization of the Chinese telecomm...

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“…However, this literature has primarily focused on the European countries and America. Examples of such studies include [2][3][4][5][6] on America, [7,8] on the UK, [9] on Finland, [10] on Spain, [11] on Greece, and [12] on industry-level comparisons between the Europe and the United States. Based on this, we examine the contributions of ICT sectors to Chinese national economy.…”

Section: Introductionmentioning

confidence: 99%

A mathematical/physics model to measure the role of information and communication technology in some economies: the Chinese case

Lin

Xia

2017

Open Physics

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Abstract:Since the Reform and Opening-up in 1978, China has experienced a huge sustainable growth of gross domestic product (GDP) and an incredible development in Information and Communication Technology (ICT). This study aims to utilize an input-output (I-O) approach to explore the role of ICT in Chinese national economy. Specifically, we employ a static I-O framework, and analyze three topics in its application: the inter-industry linkage effect, the production inducing effect, and the supply shortage effect. We pay particular attention to the ICT manufacturing sector and ICT service-providing sector by taking the sectors as exogenous and investigating their economic impacts, respectively. The results suggest that (1) the ICT manufacturing sector has a high backward linkage effect, an intermediate forward linkage effect, a relatively low production inducing effect, and a low supply shortage effect, it suggests that ICT manufacturing sector has a powerful capacity for pulling the production activities of the whole economy. (2) The inter-industry linkage effect and supply shortage effect of ICT service-providing is low, but the production inducing effect of ICT service-providing is high, which suggests that the impact of an increase in ICT service-providing investment on the total output of all other sectors is large.

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ICT growth effects at the industry level: A comparison between the US and the EU

Cited by 62 publications

References 48 publications

National Ict, Economic Freedom and Human Development: A Cross-Country Dynamic Panel Data Analysis

National Ict, Economic Freedom and Human Development: A Cross-Country Dynamic Panel Data Analysis

Mobile Telecommunications Infrastructure and Economic Growth: Evidence from China

A mathematical/physics model to measure the role of information and communication technology in some economies: the Chinese case

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