Information Technology and Its Impact on Economic Growth and Productivity In Korea

Kim, Seon-Jae

doi:10.1080/10168730300000004

Cited by 5 publications

(5 citation statements)

References 16 publications

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“…Further, ICT connectivity in rural areas was intensified between 2000 and 2003. In 2000, 33 pilot community-based Internet Centres were developed nationwide (12 of which were in rural areas); with an additional 31 Internet / Information Centres established across the nation between 2001-03 (Economic Planning Unit reports, 2001& 2003; and an NITC Strategic Task Force, experimented with a Public-Private Partnership model for another 13 pilot projects nationally (John et al, 2004).…”

Section: 2mentioning

confidence: 99%

“…The estimated result showed that ICT capital generated significant rate of return to the economy. Two years later, Kim (2003) examined the impact of ICT on productivity and economic growth in Korea during 1971 to 2000 sample period. The results showed that ICT capital contributed 16.3% to the output growth and has had strong positive effect on the growth of labor productivity in the long run.…”

Section: The Impact Of Ict On Economic Growth: a Reviewmentioning

confidence: 99%

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Whose ICT Investment Matters to Economic Growth: Private or Public? The Malaysian Perspective

Kuppusamy¹,

Raman

Lee³

2009

E J Info Sys Dev Countries

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Theoretical and empirical research on the economic benefits of ICT is represented in academic and policy-related publications worldwide. Most of these studies assess the impact of ICT in countries as a cohort and most conclude that ICT is indeed a key driver for economic growth. Nevertheless, we are of the opinion that there is room for more research on this issue, especially pertaining to developing countries such as Malaysia, in light of the extensive ICT-based investments undertaken by the country in recent years. Consequently, we examined the effect of ICT investment carried out by both the private and public sector on Malaysia's economic growth over the period 1992 -2006 using the ARDL econometrics approach. The empirical results suggest that ICT has had a significant impact on Malaysia's economic growth during this period of time, suggesting good payoffs from the investment. Specifically, ICT investments made by the private sector seem to have contributed significantly to the country's growth compared to investments made by the government. This implies that the private sector has adapted well to the various ICT-based policies implemented in the country over the years. This also shows that Malaysia's economy is being driven by the private sector, especially by the manufacturing and wholesale industries. We are however of the opinion that in order to sustain economic growth leveraged against ICT, more concerted efforts need to be made in order to escalate ICT diffusion in the country. Such initiatives will ensure that the value potential of ICT investments in the economy is maximized, due to greater ICT-enabled community that will translate to escalated economic growth.

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Section: 2mentioning

confidence: 99%

Section: The Impact Of Ict On Economic Growth: a Reviewmentioning

confidence: 99%

Whose ICT Investment Matters to Economic Growth: Private or Public? The Malaysian Perspective

Kuppusamy¹,

Raman

Lee³

2009

E J Info Sys Dev Countries

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“…Penggunaan teknologi tersebut sudah familiar dikalangan anggota masyarakat dapat mempengaruhi seluruh aspek kehidupan masyarakat di antaranya kegiatan bisnis (Amri & Surya, 2013). Teknologi informasi seperti halnya internet secara signifikan berkontribusi pada perkembangan dunia bisnis sebagai pilar utama pertumbuhan ekonomi suatu negara (Kim, 2003;Shahiduzzaman & Alam, 2014;Papaioannou & Dimelis, 2007). Penelitian empiris yang dilakukan oleh Erumban & Das (2016), Hodrab (2016) dan Kilic et al (2017) juga membuktikan bahwa teknologi informasi berdampak pada pertumbuhan ekonomi.…”

Section: Pendahuluanunclassified

Internet Usage, Financial Sector Development, and Economic Growth: A Cross-District Data in Aceh

Hajriyanti¹,

Ester²

2019

emt

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Abstrak. Penelitian ini bertujuan untuk menganalisis pengaruh penggunaan internet dan penyaluran kredit perbankan terhadap pertumbuhan ekonomi Aceh. Data yang digunakan adalah data sekunder berbentuk panel data 15 kabupaten kota di Aceh selama periode tahun 2010-2017. Model analisis yang digunakan adalah Johanson Co-integration, Panel Vector Autoregressive (PVAR) dan Granger Causality Test. Penelitian menemukan bahwa tidak terdapat hubungan jangka panjang antara penggunaan internet, penyaluran kredit perbankan dan pertumbuhan ekonomi. Kredit perbankan berpengaruh positif dan signifikan terhadap pertumbuhan ekonomi. Penggunaan internet berpengaruh positif dan signifikan terhadap penyaluran kredit perbankan tetapi tidak berpengaruh terhadap pertumbuhan ekonomi. Selanjutnya pertumbuhan ekonomi dan penyaluran kredit perbankan berpengaruh positif dan signifikan terhadap pengggunaan internet. Hasil Granger Causality Test mengindikasikan bahwa terdapat kausalitas satu arah dari kredit perbankan ke pertumbuhan ekonomi dan penggunaan internet. Kata kunci: Pertumbuhan Ekonomi, Pengunaan Internet, Penyaluran Kredit dan Panel Vector Autoregressive.Abstract. This study aims to analyze the effect of internet use and bank lending on Aceh's economic growth. The data used are secondary in the form of panel data of 15 city districts in Aceh during the period 2010-2017. The analysis model used is Johanson Co-integration, Panel Vector Autoregressive (PVAR) and Granger Causality Test. The study found that there is no long-term relationship between internet use, bank lending, and economic growth. Bank credit has a positive and significant effect on economic growth. The use of the internet has a positive and significant impact on bank lending but does not affect economic growth. Furthermore, economic growth and bank lending have a positive and significant effect on internet usage. Granger causality test results indicate that there is a one-way causality from bank credit to economic growth and internet use.

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“…Kuppusamy and Shanmugam (2007) examined the impact of ICT in Malaysia over the period , and found that ICT investment significantly improved the country's economic growth. On the Korean economy for the period 1971 to 2000, Kim (2003) found that ICT capital had a strong positive effect on the growth of labour productivity in the long run, while contributing 16.3% to the growth in output.…”

Section: Empirical Investigationsmentioning

confidence: 99%

ICT-Driven Growth and Diversification: The Case of Nigeria’s Entertainment Industry

Iyoboyi¹,

Na-Allah²

2014

JEDS

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The paper explores the nexus between information and communications technology (ICT)-driven entertainment industry and the growth and diversification of the Nigerian economy, using available quarterly data for the period 2010Q1-2013Q4. Deploying a matrix of four models implemented through the ordinary least squares, and the fully modified OLS regressions, the empirical evidence is in favour of enhanced growth and diversification, driven by the adoption of information and communications technology in the entertainment industry. A comprehensive policy framework is recommended to enhance productivity in the entertainment industry and exploit the gains from the country's integration into the information-driven global economy.

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Information Technology and Its Impact on Economic Growth and Productivity In Korea

Cited by 5 publications

References 16 publications

Whose ICT Investment Matters to Economic Growth: Private or Public? The Malaysian Perspective

Whose ICT Investment Matters to Economic Growth: Private or Public? The Malaysian Perspective

Internet Usage, Financial Sector Development, and Economic Growth: A Cross-District Data in Aceh

ICT-Driven Growth and Diversification: The Case of Nigeria’s Entertainment Industry

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