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

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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