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In the present era of globalization, broadband penetration which indicates access to high-speed internet has allowed the transferring of information in a way that was never observed before. With the growing world-wide investment and attention received by broadband infrastructure, this study examines the relationship between broadband penetration an...
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... Japan, South Korea and Saudi Arabia were excluded due to unavailability of data. Table 1 contains the variables used in the model. The subscripts i and t correspond to country and time values, respectively. ...Similar publications
This paper constructs and uses the global input-output (GIO) table with 35 industries, 29 endogenous countries and 59 exogenous countries, and develops new indices to measure the degree of shock transmission in terms of intermediate goods and value-added embodied in production induced by negative global demand shock to finished goods. After the Glo...
Citations
... Digital technologies promote economic and social development by reducing business costs and enhancing the proficiency and output of firms (Bon et al., 2016;Kurniawati, 2020). Salahuddin and Gow (2016), and Alam et al. (2019) also justified that reasonable investment in ICT infrastructure enhanced the level of economic growth. They gave much importance to the role of ICT as an enabler for economic and social development. ...
This study aims to accentuate the role of financial development, renewable energy consumption, and ICT-oriented strategies to achieve inclusive growth in 21 Asian economies from 1995-2019. The long-run findings of panel linear ARDL reveal positive but insignificant responses in inclusive growth to financial development. Whereas, the estimates of panel NARDL depict that financial development’s positive and negative movements boost inclusive growth significantly. Interestingly, both techniques provide significant but contradictory outcomes for the effects of renewable energy on inclusive growth. Moreover, the results confirm that the individual impact of financial development and ICT increases but their interaction decreases inclusive growth. It indicates that ICT fails to complement the financial sector in enhancing inclusive growth. Therefore, the study recommends improving ICT infrastructure through the appropriate investment so that it could complement the financial sector effectively to achieve inclusive growth. It implicates for the stakeholders to boost the efficiency of the financial intermediaries and equitable access to digital finance and clean energy to attain inclusive growth.
... David and Grobler (2020), in an empirical study on the impact of ICT on the economic development of African countries, concluded that the implementation of mobile telecommunications has grown faster than other ICT, with a positive effect on economic growth and, as such, recommend more significant investments in terms of fixed-line and internet infrastructures as found in studies of Salahuddin and Alam (2016) and Haftu (2019). However, the broadband penetration rate is slower in developing countries, contributing positively to economic growth (Alam et al., 2019;Mayer et al., 2020) but less intensively and more slowly (Habibi & Zabardast, 2020;Thompson & Garbacz, 2011). Myovella et al. (2020) studied 41 countries in Sub-Saharan Africa and 33 OECD countries from 2006 to 2016 and found a positive relationship between digitalization and economic growth. ...
... The rapid growth of broadband infrastructures affects countries with low income more positively (Salahuddin & Alam, 2016), one of the main factors contributing to the economic growth of developing countries (Haftu, 2019). On the other hand, the broadband penetration rate is slower in developing countries, and the increasing and progressive penetration create prospects for economic prosperity in these countries (Alam et al., 2019;Mayer et al., 2020). Habibi and Zabardast (2020) and Thompson and Garbacz (2011) found in more developed countries with the latest and most advanced technology. ...
Purpose:
This longitudinal study analyzes the impact of the digital economy on economic growth in Organisation for Economic Co-operation and Development (OECD)’s countries, divided into groups by their level of development (transition and innovation countries).
Originality/value:
Empirical studies on information and communications technology (ICT)’s impact on countries’ economic growth have increased over the last few years. However, there are still no studies that analyze this problem for the group of OECD countries, let alone divide these countries according to their level of economic development to assess the differences between more developed countries and less developed. The study of this gap in the literature allows us to infer important implications for policymakers to implement the digital agenda more efficiently.
Design/methodology/approach:
We used a panel data sample from the World Bank covering 36 OECD countries from 2000 to 2019. A statistical analysis of the variables was carried out separately for all OECD countries and the transition and innovation countries groups. We then performed a correlation analysis between the variables, and three models were estimated using the generalized moments panel method (GMM) using a fixed cross-section.
Findings:
The impact of the digital economy as measured by the technology proxy – internet, mobile phone, and fixed-broadband – on the economic growth of OECD countries depends on their level of development and the measures of the technologies that capture the digital economy. ICTs positively influence the development of the economies of OECD countries and can be used as instruments by policymakers. These agents must implement policies that strengthen the physical and technological infrastructures of the ICTs, the digital empowerment of human capital, and more significant social equity in accessing the ICTs.
... Broadband penetration requires investments in fiber optics [9]. There is a positive relationship between broadband penetration and the economic growth in Asia either in high income countries either in medium income countries [10], [11]. The development of broadband penetration infrastructures improves total factor productivity and GDP growth [12]. ...
In this article we estimate the determinants of broadband penetration in Europe. We use data from the European Innovation Scoreboard of the European Commission for 37 countries in the period 2010-2019. We apply Panel Data with Fixed Effects, Panel Data with Random Effects, WLS, OLS and Dynamic Panel. We found that the level of “ Broadband Penetration ” in Europe is positively associated to “ Enterprises Providing ICT Training”, “ Innovative Sales Share ”, “ Intellectual Assets ”, “ Knowledge-Intensive Service Exports”, “ Turnover Share SMEs ”, “ Innovation Friendly Environment” and negatively associated with “ Government procurement of advanced technology products”, “Sales Impact”, “Firm Investments”, “Opportunity-Driven Entrepreneurship”, “Most Cited Publications”, “Rule of Law”. In adjunct we perform a clusterization with k-Means algorithm optimized with the Silhouette Coefficient and we find the presence of three different clusters. Finally, we apply eight machine learning algorithms to predict the level of “ Broadband Penetration ” in Europe and we find that the Polynomial Regression algorithm is the best predictor and that the level of the variable is expected to increase of 10,4%.
... Email: laureti@lum.it either in medium income countries [10], [11]. The development of broadband penetration infrastructures improves total factor productivity and GDP growth [12]. ...
In this article we estimate the determinants of broadband penetration in Europe. We use data from the European Innovation Scoreboard of the European Commission for 37 countries in the period 2010-2019. We apply Panel Data with Fixed Effects, Panel Data with Random Effects, WLS, OLS and Dynamic Panel. We found that the level of “Broadband Penetration” in Europe is positively associated to “Enterprises Providing ICT Training”, “Innovative Sales Share”, “Intellectual Assets”, “Knowledge-Intensive Service Exports”, “Turnover Share SMEs”, “Innovation Friendly Environment” and negatively associated with “Government procurement of advanced technology products”, “Sales Impact”, “Firm Investments”, “Opportunity-Driven Entrepreneurship”, “Most Cited Publications”, “Rule of Law”. In adjunct we perform a clusterization with k-Means algorithm optimized with the Silhouette Coefficient and we find the presence of three different clusters. Finally, we apply eight machine learning algorithms to predict the level of “Broadband Penetration” in Europe and we find that the Polynomial Regression algorithm is the best predictor and that the level of the variable is expected to increase of 10,4%.
... The ability to promote innovation technology especially in ICT sector is deeply associated with the efficiency and capacity of broadband penetration. Innovation technology is a driving force of economic growth such as in the Solow's model (Solow 1956, 65-94) in the theory of endogenous growth (Romer 1994, [3][4][5][6][7][8][9][10][11][12][13][14][15][16][17][18][19][20][21][22] and in the case of Schumpeterian economics (Schumpeter 1934). Furthermore, innovation technology has positive effects on human resources (Leogrande and Costantiello 2021, 240-259) and on the ability of firms to improve their sales either at an international level (Costantiello, Laureti, De Cristoforo and Leogrande 2021, 19). ...
... For all these motivations it is important to analyze the question of broadband penetration for its role in promoting digitalization and innovation technology. Broadband penetration requires investments in fiber optics (Agboje, Adedoyin and Ndujiuba 2017, [1][2][3][4][5][6][7][8][9][10][11][12]. There is a positive relationship between broadband penetration and the economic growth in Asia either in high income countries either 1 Strada Statale 100 km 18, 70010 Casamassima, Bari, Puglia, Italy, EU. in medium income countries (Kurniawati 2021), (Alam, Sultana and Rayhan 2019). ...
... Broadband penetration requires investments in fiber optics (Agboje, Adedoyin and Ndujiuba 2017, [1][2][3][4][5][6][7][8][9][10][11][12]. There is a positive relationship between broadband penetration and the economic growth in Asia either in high income countries either 1 Strada Statale 100 km 18, 70010 Casamassima, Bari, Puglia, Italy, EU. in medium income countries (Kurniawati 2021), (Alam, Sultana and Rayhan 2019). The development of broadband penetration infrastructures improves total factor productivity and GDP growth (Kabaklarli and Atasoy 2019, 105-114). ...
In this article we estimate the determinants of broadband penetration in Europe. We use data from the European Innovation Scoreboard of the European Commission for 37 countries in the period 2010-2019. We apply Panel Data with Fixed Effects,
Panel Data with Random Effects, WLS, OLS and Dynamic Panel. We found that the level of “Broadband Penetration” in Europe is positively associated to “Enterprises Providing ICT Training”, “Innovative Sales Share”, “Intellectual Assets”, “KnowledgeIntensive Service Exports”, “Turnover Share SMEs”, “Innovation Friendly Environment” and negatively associated with “Government procurement of advanced technology products”, “Sales Impact”, “Firm Investments”, “Opportunity-Driven Entrepreneurship”, “Most Cited Publications”, “Rule of Law”. In adjunct we perform a clusterization with k-Means algorithm optimized with the Silhouette Coefficient and we find the presence of three different clusters. Finally, we apply eight machine learning algorithms to predict the level of “Broadband Penetration” in Europe and we find that the Polynomial Regression
algorithm is the best predictor and that the level of the variable is expected to increase of 10,4%.
... Broadband penetration requires investments in fiber optics [9]. There is a positive relationship between broadband penetration and the economic growth in Asia either in high income countries either in medium income countries [10], [11]. The development of broadband penetration infrastructures improves total factor productivity and GDP growth [12]. ...
In this article we estimate the determinants of broadband penetration in Europe. We use data from the European Innovation Scoreboard of the European Commission for 37 countries in the period 2010-2019. We apply Panel Data with Fixed Effects, Panel Data with Random Effects, WLS, OLS and Dynamic Panel. We found that the level of “Broadband Penetration” in Europe is positively associated to “Enterprises Providing ICT Training”, “Innovative Sales Share”, “Intellectual Assets”, “Knowledge-Intensive Service Exports”, “Turnover Share SMEs”, “Innovation Friendly Environment” and negatively associated with “Government procurement of advanced technology products”, “Sales Impact”, “Firm Investments”, “Opportunity-Driven Entrepreneurship”, “Most Cited Publications”, “Rule of Law”. In adjunct we perform a clusterization with k-Means algorithm optimized with the Silhouette Coefficient and we find the presence of three different clusters. Finally, we apply eight machine learning algorithms to predict the level of “Broadband Penetration” in Europe and we find that the Polynomial Regression algorithm is the best predictor and that the level of the variable is expected to increase of 10,4%.
... The AMOS structural equation provides a solution to determine the intensity of causality among multiple variables. It has been widely used in the social science field [39] and ecological field [40]. However, relatively few studies were performed to analyze the relationship between photosynthetic characteristics, dry matter accumulation, and yield of tomato by using AMOS structural equation under plastic film microsprinkler irrigation. ...
The aim of this study is to exam the effect of microsprinkler irrigation technology under plastic film (MSPF) and to evaluate the reasonable micropore group spacing and capillary arrangement density in the greenhouse. Compared with drip irrigation under plastic film (DIPF) and microsprinkling irrigation (MSI) conditions, the effects of different micropore group spacing (L1: 30 cm micropore group spacing, L2: 50 cm micropore group spacing) and capillary arrangement density (C1: one pipe for one row, C2: one pipe for two rows, and C3: one pipe for three rows) with the MSPF on photosynthetic characteristics and fruit yield of tomatoes were studied using completely randomized trial design. The results showed that under the same irrigation amount, compared with DIPF and MSI, the photosynthetic rate of tomatoes treated with L1C2 increased by 8.24% and 13.55%, respectively. The total dry matter accumulation, yield, and water use efficiency at condition of L1C2 increased by 12.16%, 19.39%, and 10.03% compared with DIPF and 26.38%, 20.46%, and 31.02% compared with MSI, respectively. The results provide evidence that the MSPF can be applied to greenhouse tomatoes. The photosynthetic rate, total dry matter accumulation, yield, and water use efficiency of tomato leaves cultivated at a micropore group spacing of 30 cm were 1.07, 1.13, 1.14, and 1.13 times higher than those of 50 cm, respectively. With the decrease in capillary arrangement density, the photosynthetic characteristics of the tomato leaves, the total dry matter accumulation, and yield of tomatoes all experienced a decline. It is recommended to use a combination of one pipe for two rows of capillaries at a 30 cm micropore group spacing as the technical parameter of greenhouse tomato with MSPF in arid and semiarid sandy loam soils.
Technological innovation has become a major channel through which financial development drives economic growth, and the chapter attempted to provide evidence for this, using data for sub-Saharan Africa (SSA). For its theoretical foundation, the study extended the endogenous growth theory by incorporating information and communication technology (ICT) diffusion as a possible catalyst causing financial development to affect economic growth based on the supply-leading and demand-following hypotheses. Following existing literature, the study constructed an ICT diffusion index, using principal component analysis (PCA) and a dataset representing mobile phone subscribers per 100 people, fixed telephone line subscriber per 100 people and broadband Internet subscribers per 100 people. The study used the growth rate of GDP as the dependent variable, while financial development and economic openness were the independent variables. The study adopted the pooled mean group estimator of the autoregressive distributed lag (ARDL) model to analyse the data, which covered the period 2000 to 2020. The results showed that in the long run, while the ICT index drove growth, the interaction of financial development with the ICT index was significantly negative for growth in SSA. Therefore, this result did not support the supply-leading hypothesis. A tenable reason for this finding could be the inability of private credit to drive output expansion and the challenge of financial inclusion in Africa. Therefore, this study led to the recommendation that countries in SSA should channel private credit to value-added activities and increase financial inclusion so that innovation can drive economic growth through financial development.KeywordsICTDiffusionFinance-growth nexusSub-Saharan Africa
