Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/175902
Authors: 
Erdil, Erkan
Türkcan, Burcu
Yetkiner, I. Hakan
Year of Publication: 
2009
Series/Report no.: 
Working Papers in Economics 09/01
Abstract: 
This paper tests the impact of ICT on economic growth for underdeveloped and developing countries by using a panel dataset for the period of 1995-2006. We first develop the theory between ICT and economic growth. We show that ICT-capital has a positive effect both on long-run and transitional income per capita, if it is considered as a factor of production. Next, we estimate a panel data set with 131 underdeveloped and developing countries under the assumption that ICT is one of the determining factors of economic growth. We find that ICT has positive and significant effect on economic growth even after the use of some control variables.
Subjects: 
ICT
economic growth
Panel Data
GMM
human capital
developing countries
underdeveloped countries
JEL: 
C33
O5
O33
Document Type: 
Working Paper

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