The Causal Relationship Between Information and Communication Technology and Foreign Direct Investment

The Causal Relationship Between Information and Communication Technology and Foreign Direct Investment PDF Author: Roghieh Gholami
Publisher:
ISBN:
Category : Communication
Languages : en
Pages : 24

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The Causal Relationship Between Information and Communication Technology and Foreign Direct Investment

The Causal Relationship Between Information and Communication Technology and Foreign Direct Investment PDF Author: Roghieh Gholami
Publisher:
ISBN:
Category : Communication
Languages : en
Pages : 24

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Book Description


Impact of Foreign Direct Investment (FDI) and Information Communication Technology (ICT) on economic growth

Impact of Foreign Direct Investment (FDI) and Information Communication Technology (ICT) on economic growth PDF Author: Behailu Shiferaw Benti
Publisher: GRIN Verlag
ISBN: 3668998078
Category : Business & Economics
Languages : en
Pages : 27

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Book Description
Academic Paper from the year 2018 in the subject Economics - Economic Cycle and Growth, grade: 1.3, University of Wuppertal, language: English, abstract: The main aim and purpose of this seminar is to examine, analyze and present the impact of FDI Inward stock and ICT capital on the economic growth of an economy considering the sample countries. As a general structure, the essay would first give an introduction about economic Globalization and its indicators particularly focusing on FDI and ICT. On the literature review part of the essay, cited definitions and theoretical background of FDI and ICT are presented. In an attempt to strengthen the essay, a brief insight into Economic growth and the linkage between FDI, ICT and economic growth is included. The empirical analysis of this essay investigates econometric relations and presents econometric results from the conducted analysis based on the collected data from the sample countries. Growth accounting approach using supply-side Cobb-Douglas production function is applied to look at the economic impact of growth rate of FDI Inward stock and growth rate of ICT capital on economic growth. The econometric analysis is structured in a way to first look at the separate impacts of the two independent variables on economic growth which is measured by growth rate of real GDP. Secondly, as a final model, the combined impact of the two independent variables on the growth rate of real GDP is presented and discussed. Standard panel data models are applied to investigate the empirical relationship pertaining to the selected BRICS countries (Brazil, Russia, India, China and South Africa). Data collected from year 1995 to 2015 is considered for the forthcoming econometric analysis. Finally, a summary of the work with conclusion and policy recommendation is given.

Digitalization and Economic Development

Digitalization and Economic Development PDF Author: Mohamed Sami Ben Ali
Publisher: Taylor & Francis
ISBN: 1000574156
Category : Business & Economics
Languages : en
Pages : 226

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Book Description
This book analyses the impact of Information and Communication Technologies (ICTs) on economic development. It contains theoretical and empirical studies, including panel studies on various issues facing developing countries, such as education, corruption, economic growth, government expenditure, financial inclusion, foreign direct investment, infrastructure, economic and social welfare, and inequality. Each chapter offers a well-conceived analysis of the most recent trends in both theory and empirics and addresses numerous policy implications related to the different aspects dealt with in the volume. Overall, this book will be an excellent guide for global graduate students at the Master and PhD levels, as well as academics researching various issues related to economic development while analyzing the role of ICTs. It also addresses numerous policy implications related to economic development for policymakers, investors and stakeholders.

The New Global Determinants of FDI Flows to Developing Countries

The New Global Determinants of FDI Flows to Developing Countries PDF Author: Tony Addison
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
Foreign direct investment (FDI) has increased dramatically in recent years. However, the distribution of FDI is highly unequal and very poor countries face major difficulties in attracting foreign investors. This paper investigates the determinants of FDI inflows to developing countries, with a particular emphasis on the impact of the 'third wave of democratization' that started in the early 1980s and the spread of information and communication technology (ICT) that began in the late 1980s. These two global developments must now be taken into account in any explanation of what determines FDI flows. Using a large sample of countries, together with panel data techniques, the paper explores the determinants of FDI. The causal relationship between FDI, GDP growth, trade openness and ICT is investigated. The main findings are that democratization and ICT increase FDI inflows to developing countries. The paper concludes that more assistance should be given to poorer countries to help them to adopt ICT and to break out of their present 'low ICT equilibrium' trap.

Impact of Ict in the Developing Countries on the Economic Growth

Impact of Ict in the Developing Countries on the Economic Growth PDF Author: Stefan Detschew
Publisher: GRIN Verlag
ISBN: 3638940144
Category :
Languages : en
Pages : 158

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Book Description
Diploma Thesis from the year 2007 in the subject Business economics - Economic Policy, grade: 1,5, Technical University of Ilmenau (Institut f r Wirtschaftswissenschaften), 43 entries in the bibliography, language: English, abstract: This paper discusses the relevance of Information and Communication Technologies (ICT) for economic growth in developing economies. By reviewing the contributions from the neoclassical and endogenous growth theory and empiric evidences for the link between ICT and economic growth, the paper clearly concludes that ICTs facilitate economic growth, principally by providing incentives for capital deepening and increasing productivity through rapid technological progress. However, the impact on growth is more extensive from the long-term ICT use and networking that though requires appropriate ICT investment and complementary efforts in order that spillovers and productivity improvements are triggered and exploited totally. This paper derives the key determinants and interacting factors that, in the corresponding correct synergic combination, promote ICT's impact on growth-generating processes. For a variety of reasons, the states of these factors in developing countries provide a less ICT favourable environment for taking advantage from ICTs. These economies exhibit a lower stock of human capacities and per capita capital to trigger the productivity benefits from the ICT use. Therefore, the level of effort is higher than in the developed world to receive return on ICT investment. However, when they achieve to attract capital and knowledge by encouraging ICT investment and technology transfer supported by international openness, maintained financial and institutional systems, deregulation of markets and higher competition, they have the chance to benefit from adopting best practices and technologies from the industrialized world with complementary efforts in the reorganisation of business organisations and processes and enhanced human ICT-s

Information and Communication Technologies and Broad-based Development

Information and Communication Technologies and Broad-based Development PDF Author: Jeremy Grace
Publisher: World Bank Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 70

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Book Description
Annotation This paper reviews some of the evidence linking telecommunications and the Internet and economic growth, the likely impact of these new ICTs on income inequality and anecdotal evidence on the role of the Internet in improving government services and governance. It's final chapter looks at methods to maximize the development impact of new ICTs.

2009 Information and Communications for Development

2009 Information and Communications for Development PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 0821376063
Category : Business
Languages : en
Pages : 342

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Book Description
Over the last decade, information and communication technologies (ICT) have been increasingly used to achieve development goals. Developing countries, including poorer ones, have enjoyed rapid technological progress to help pull millions of people out of poverty. ICTs help transform economic and social activities for firms, governments and citizens. Information and Communication for Development 2009: Scaling Up Impact, the second issue of the World Bank's IC4D series, focuses on the effect of increased access to advanced ICT services and development of a vibrant IT sector on sustaining growth.

Contribution of Information and Communication Technologies to Growth

Contribution of Information and Communication Technologies to Growth PDF Author: Christine Zhen-Wei Qiang
Publisher: World Bank Publications
ISBN: 9780821357224
Category : Economic development
Languages : en
Pages : 42

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Book Description
Annotation 'Contribution of Information and Communication Technologies to Growth' is part of the World Bank Working Paper series. These papers are published to communicate the results of the Bank's ongoing research and to stimulate public discussion. The worldwide development of information and communication technology (ICT) has accelerated dramatically over the past decade. Technological advances and increased competition have led to falling prices for ICT goods and services, which has provided a strong incentive to replace other forms of capital and labor with information technology equipment. Increased ICT production and use has the potential to create job opportunities, transfer skills, and increase efficiency and transparency in politics and business, and therefore, contribute to economic growth. This paper focuses on the linkage between ICT and output growth. It summarizes findings in the literature on the contribution of information and communication technology to economic growth arising from capital deepening and increases in total factor productivity. The paper contains: - The methodologies used to evaluate the different ways ICT influences productivity growth; - A critical assessment of the magnitude of ICT's contribution to growth in various countries; - A summary of the key factors that increase and obstruct ICT expansion; and - An outline of the challenges developing countries face in maximizing ICT's contribution to growth and policy recommendations aimed at surmounting these challenges.

Impact of ICT in the developing countries on the economic growth

Impact of ICT in the developing countries on the economic growth PDF Author: Stefan Detschew
Publisher: GRIN Verlag
ISBN: 3638042448
Category : Political Science
Languages : en
Pages : 76

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Book Description
Diploma Thesis from the year 2007 in the subject Business economics - Economic Policy, grade: 1,5, Technical University of Ilmenau (Institut für Wirtschaftswissenschaften), language: English, abstract: This paper discusses the relevance of Information and Communication Technologies (ICT) for economic growth in developing economies. By reviewing the contributions from the neoclassical and endogenous growth theory and empiric evidences for the link between ICT and economic growth, the paper clearly concludes that ICTs facilitate economic growth, principally by providing incentives for capital deepening and increasing productivity through rapid technological progress. However, the impact on growth is more extensive from the long-term ICT use and networking that though requires appropriate ICT investment and complementary efforts in order that spillovers and productivity improvements are triggered and exploited totally. This paper derives the key determinants and interacting factors that, in the corresponding correct synergic combination, promote ICT’s impact on growth-generating processes. For a variety of reasons, the states of these factors in developing countries provide a less ICT favourable environment for taking advantage from ICTs. These economies exhibit a lower stock of human capacities and per capita capital to trigger the productivity benefits from the ICT use. Therefore, the level of effort is higher than in the developed world to receive return on ICT investment. However, when they achieve to attract capital and knowledge by encouraging ICT investment and technology transfer supported by international openness, maintained financial and institutional systems, deregulation of markets and higher competition, they have the chance to benefit from adopting best practices and technologies from the industrialized world with complementary efforts in the reorganisation of business organisations and processes and enhanced human ICT-skills and management.

Role of IT- ITES in Economic Development of Asia

Role of IT- ITES in Economic Development of Asia PDF Author: Soumyen Sikdar
Publisher: Springer Nature
ISBN: 9811542066
Category : Business & Economics
Languages : en
Pages : 329

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Book Description
This book focuses on the contribution of Information Technology (IT) and Information Technology Enabled Services (ITES) in shaping the current and future global economic scenario, with a special focus on Asia, and taking into account the three broad macroeconomic dimensions — growth, sustainability and governance mechanisms. The last two decades have witnessed a structural shift in the world economy due to the tremendous growth in gross domestic product share for the service sector; in fact, service has emerged as the dominant sector and the main driver of GDP growth. This is mainly attributable to the spectacular success of the IT sector in the new knowledge economy. Tradability, technology and transportability – the three T’s – govern productivity growth in today’s services. Growing Asian economies such as India, China and Vietnam, using their demographic advantages, have been reaping the benefits of this boom. The book’s content focuses on recent debates and discussions concerning the issue of long-term sustainability and governance, especially in India, as these companies are facing continuous challenges in terms of international competition, salary inflation, health hazards, scarcity of talent, employee attrition, security concerns, global slowdown and many other technology-related issues. The book further highlights how the increased application of IT-based products and services is resulting in harsh inequalities concerning income distribution in many developing countries of Asia, mainly because of its labor shedding nature, and hence might be detrimental to sustainable development, if suitable policy measures are not implemented to counter these effects. The book provides a wealth of information for researchers, graduate students and political scientists alike, as well as thought-provoking insights for social scientists, policymakers and government officials. It also offers a valuable source of data for business and management professionals, and for members of Chambers of Commerce and Industry.