Causal Relationship between Information Communications Technology and Economic Growth in European Countries

被引：0

作者：

Lee, Jung-Wan ^{[1
]}

Becker, Kip ^{[1
]}

机构：

[1] Boston Univ, Boston, MA 02215 USA

来源：

CHALLENGES AND OPPORTUNITIES OF GLOBAL BUSINESS IN THE NEW MILLENNIUM: CONTEMPORARY ISSUES AND FUTURE TRENDS | 2011年 / 20卷

关键词：

NUMERICAL DISTRIBUTION-FUNCTIONS; LIKELIHOOD RATIO TESTS; TIME-SERIES; UNIT-ROOT; TELECOMMUNICATIONS INFRASTRUCTURE; COINTEGRATION; PRODUCTIVITY; INVESTMENT; LEVEL; 1990S;

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study examines the causal relationship between information and communications technology (ICT) development and economic growth in twenty two of European countries. The Granger causality test is performed following the cointegration approach to reveal the direction of causality between ICT development and economic growth. Test results indicate two things; I) there is long-run equilibrium relationship between ICT development and economic growth for Cyprus and Malta; and 2) a diverse one-way directional causality is evidenced, either ICT-led growth for Cyprus and Spain or growth-led ICT development for Portugal and Sweden. A discussion follows based on the empirical findings.

引用

页码：351 / 358

页数：8

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