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Avrasya İşletme ve İktisat Dergisi Yıl:2021  Sayı: 26  Alan: Nicel Karar Yöntemleri

Emre ŞAKAR
ICT DEVELOPMENT AND ECONOMIC GROWTH IN EU TRANSITION ECONOMIES: A PANEL COINTEGRATION AND CAUSALITY ANALYSIS
 
The globalized world has experienced the substantial improvements in development information and communication technologies (ICT) during the last decades. The aforementioned considerable improvements led many economic and non-economic implications for the countries. This study investigates the influence of information and communication technologies’ development on the economic growth in 11 post-transition EU members over 1996-2017 period through panel cointegration and causality tests. The analyses revealed that ICT development positively affects the economic growth in the long run and ICT development and economic growth feeds each other in the short run.

Anahtar Kelimeler: ICT, economic growth, panel cointegration and causality analyses


ICT DEVELOPMENT AND ECONOMIC GROWTH IN EU TRANSITION ECONOMIES: A PANEL COINTEGRATION AND CAUSALITY ANALYSIS
 
The globalized world has experienced the substantial improvements in development information and communication technologies (ICT) during the last decades. The aforementioned considerable improvements led many economic and non-economic implications for the countries. This study investigates the influence of information and communication technologies’ development on the economic growth in 11 post-transition EU members over 1996-2017 period through panel cointegration and causality tests. The analyses revealed that ICT development positively affects the economic growth in the long run and ICT development and economic growth feeds each other in the short run.

Keywords: ICT, economic growth, panel cointegration and causality analyses


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