- Autor
- Mehrara Mohsen (Faculty of Economics, University of Tehran, Tehran, Iran), Ebrahimian Alireza (Department of Regulation, Planning & Economics Affairs, Ministry of Energy, Iran), Falahati Zabihallah (Faculty of Economics, University of Tehran, Tehran, Iran)
- Tytuł
- The Relationship among Information and Communication Technologies and GDP in Middle East Countries: Panel Cointegration Approach
- Źródło
- International Letters of Social and Humanistic Sciences (ILSHS), 2015, vol. 3, s. 13-20, tab., bibliogr. 17 poz.
- Słowa kluczowe
- Inwestycje bezpośrednie, Inwestycje zagraniczne, Technologie informacyjne i telekomunikacyjne, Wzrost gospodarczy, Rozwój gospodarczy
Direct investments, Foreign investment, Information and Communication Technology (ICT), Economic growth, Economic development - Uwagi
- summ.
- Abstrakt
- This paper studies the causality relationship between Foreign Direct Investment and Information and Communication Technologies based on panel data covering Middle East countries during the period 1990-2010. The empirical results support of a short-run cointegration relationship after allowing for the heterogeneous country effect. The long-run relationship is estimated using a full-modified OLS. Pedroni's heterogeneous panel cointegration test reveals have long-run equilibrium relationship between FDI and economic growth. The analysis of results indicate that the growth contribution of ICT and FDI was quite low for these countries. The econometric results showed a positive and significant impact of ICT and FDI in these countries. (original abstract)
- Pełny tekst
- Pokaż
- Bibliografia
-
- Al-Iriani, Mahmoud and Fatima Al-Shamsi. (2008) Foreign Direct Investment and Economic Growth in the GCC Countries: A Causality Investigation Using Heterogeneous Panel Analysis.
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- World Bank (2011). Global Development Finance. Washington DC.
- Cytowane przez
- ISSN
- 2300-2697
- Język
- eng
