Internet and Economic Growth—Evidence from Chinese Provincial Panel Data

Abstract

As the "Internet +" strategy having been put forward, the internet and other information and communication technologies will help play more important role in Chinese economic growth. This research uses Chinese provincial panel data between 2000-2014 to study the relationship between the internet communication technology and economic growth within a Cobb-Douglas function under the Solow model. The result indicates that the development of the internet communication technology has a significant role in promoting economic growth in China. At the same time, the human capital has positive interaction effect on the adjustment between the internet and economic growth. So China should continue to increase investment on the internet communication technology and infrastructure construction, and pay more attention to personnel training to promote the sustainable development of economy in China.

Do Internet and Human Capital Matter for Economic Growth in Developing Countries? Empirical Evidence from WAEMU Countries

“…Thus this study points out internet network development as an important source of economic growth for WAEMU _ countries. This result confirms to some extent the findings of a recent study by [9] which establishes that an increases of internet development index by 0.1 increases economic growth by 2.5% in the context of China. The higher impact found in the case of WAEMU _ countries could be explained by the low internet development in these countries compare to Chinese context.…”

“…From this point of view, human capital is interpreted as an investment which increases individual efficiency, hereby productivity and earnings. The theoretical relationship between internet and economic growth has been well developed in a recent article by [9]. Internet development, according to this author, changes the way people work, socialize, create, share information and the way they organize transactions.…”

“…They find a positive impact. [9] studies the relationship between internet communication technology and economic growth in China with the help of Cobb-Douglas function under slow model and concludes that internet communication technology has a positive role in promoting economic growth in China. In the same line, [10] analyses the impact of "internet plus" in Chinese economy development and conclude that with "internet plus" time coming, China economy development will be related to internet tightly in current time and future.…”

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

“…Edwards (2002) dalam kajiannya mengenai perekonomian negara berkembang menyimpulkan bahwa pertumbuhan ekonomi ekonomi dipengaruhi oleh kemajuan teknologi informasi. Hasil penelitian Feng (2016) di China juga membuktikan bahwa teknologi informasi dan komunikasi seperti internet memiliki peran signifikan dalam mendukung pertumbuhan ekonomi Negara tersebut.…”

Analisis Saintometrika Bidang Telekomunikasi di Indonesia

“…Oleh sebab itu, perlu dilakukan kolaborasi yang lebih erat antar institusi yang terkait, seperti pihak perguruan tinggi seperti ITB dan pihak swasta seperti PT Telekomunikasi Indonesia, (ITU, 2012). Beberapa penelitian juga telah membuktikan akan adanya dampak positif antara broadband dengan perkembangan ekonomi (Feng, 2000; R. Katz, Koutroumpis, & Martin Callorda, 2014;R. L. Katz, 2014;Minges, 2016…”