Nexus between telecommunication infrastructures, economic growth and development in Africa: Panel vector autoregression (P-VAR) analysis

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F19%3A50015780" target="_blank" >RIV/62690094:18450/19:50015780 - isvavai.cz</a>

Výsledek na webu

<a href="https://www.sciencedirect.com/science/article/pii/S0308596118302088" target="_blank" >https://www.sciencedirect.com/science/article/pii/S0308596118302088</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1016/j.telpol.2019.03.005" target="_blank" >10.1016/j.telpol.2019.03.005</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Nexus between telecommunication infrastructures, economic growth and development in Africa: Panel vector autoregression (P-VAR) analysis

Popis výsledku v původním jazyce

This study examines the causal-effect relationship between telecommunication infrastructures, economic growth and development in selected African countries. It further estimates the trivariate impacts of telecommunication infrastructures, economic growth and development in the region. The analysis considers a panel of forty-six African countries from 2000 to 2015. To measure economic growth, real gross domestic product serves as the proxy, while economic development is measured by the Human Development Index, and telecommunication infrastructures by a composite index of telecommunication computed from mobile line, fixed line and internet access penetration via principal component analysis (PCA). The empirical results suggest the existence of a bidirectional long-run relationship between telecommunication infrastructures, economic growth and development. The causality tests reveal that there is feedback causality between telecommunication infrastructures, economic growth and development. Telecommunication infrastructures promote economic growth and development in Africa and vice versa. Thus, there is need to promote inclusive and holistic policies that will enhance digital provide, economic growth and development simultaneously in Africa. An increase in telecommunication infrastructures will encourage aggregate output and standard of living to move in the same direction in Africa.

Název v anglickém jazyce

Nexus between telecommunication infrastructures, economic growth and development in Africa: Panel vector autoregression (P-VAR) analysis

Popis výsledku anglicky

This study examines the causal-effect relationship between telecommunication infrastructures, economic growth and development in selected African countries. It further estimates the trivariate impacts of telecommunication infrastructures, economic growth and development in the region. The analysis considers a panel of forty-six African countries from 2000 to 2015. To measure economic growth, real gross domestic product serves as the proxy, while economic development is measured by the Human Development Index, and telecommunication infrastructures by a composite index of telecommunication computed from mobile line, fixed line and internet access penetration via principal component analysis (PCA). The empirical results suggest the existence of a bidirectional long-run relationship between telecommunication infrastructures, economic growth and development. The causality tests reveal that there is feedback causality between telecommunication infrastructures, economic growth and development. Telecommunication infrastructures promote economic growth and development in Africa and vice versa. Thus, there is need to promote inclusive and holistic policies that will enhance digital provide, economic growth and development simultaneously in Africa. An increase in telecommunication infrastructures will encourage aggregate output and standard of living to move in the same direction in Africa.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2019

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

TELECOMMUNICATIONS POLICY

ISSN

0308-5961

e-ISSN

—

Svazek periodika

43

Číslo periodika v rámci svazku

8

Stát vydavatele periodika

GB - Spojené království Velké Británie a Severního Irska

Počet stran výsledku

17

Strana od-do

"Article Number: UNSP 101816"

Kód UT WoS článku

000486108100007

EID výsledku v databázi Scopus

2-s2.0-85064167397