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Global Digital Divide: Inter-regional Study on the Impact of ICT Diffusion on Economic Growth

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Proceedings of the 2nd Advances in Business Research International Conference

Abstract

This paper investigates the impact of ICT on economic growth as measured by GDP growth, on 149 countries divided into 5 regions—Africa, America, Arab, Asia and Europe, over a 9-year period from 2006 to 2014. Using pooled OLS and generalized method of moments (GMM) estimation methods, findings from dynamic panel data models revealed that ICT has significant impact on economic growth particularly in regions such as America, Asia and Europe. It is still unclear whether or not regions such as Africa and Arab would benefit from diffusion of ICT; nevertheless, fixed broadband appears promising for Africa’s future economic progress, whereas significance of fixed telephone reflects the importance of telecommunication networks in the Arab region.

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Correspondence to Debbra Toria Nipo .

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Nipo, D.T., Bujang, I., Hassan, H. (2018). Global Digital Divide: Inter-regional Study on the Impact of ICT Diffusion on Economic Growth. In: Noordin, F., Othman, A., Kassim, E. (eds) Proceedings of the 2nd Advances in Business Research International Conference. Springer, Singapore. https://doi.org/10.1007/978-981-10-6053-3_20

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