INFORMATION COMMUNICATION TECHNOLOGIES EXPORT and ECONOMIC GROWTH RELATIONSHIP: AN ANALYSIS on SELECTED COUNTRIES

Year 2017, , 328 - 335, 30.12.2017

Nazif Ozge Kilic , Bengu Acdoyuran Huseyin Serhan Calhan

https://doi.org/10.17261/Pressacademia.2017.765

Abstract

Purpose- The purpose of this study is to analyze the effects on
economic growth of export in the leading countries ICT exports. In this
context, the relationship between information communication technology exports
and economic growth of 7 selected countries using annual data between 2000-2015
was investigated with the help of panel data analysis.

Methodology- The relationship between information communication
technology exports and economic growth of 7 selected countries using annual
data between 2000-2015 was investigated with the help of panel data analysis.

Findings- The existence of cross section dependency and the
slope coefficients are homogeneous. According to the analysis of causality,
there is a bi-directional causality relation from export of information
technologies to economic growth.    

Conclusion- This result reveals the importance of information and
communication technologies’ export to support economic growth. As a result of
policies to be implemented in this direction, the growing sector can make a
significant contribution to growth by creating production and export increases. 

Keywords

Information communication technology, export, economic growth, panel data analysis, bootstrap panel unit root test

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