Convergence and determinants of ICT development in case of emerging market economies

Badri Narayan Rath; Bibhudutta Panda; Vaseem Akram

doi:10.1016/j.telpol.2022.102464

Convergence and determinants of ICT development in case of emerging market economies

Badri Narayan Rath, Bibhudutta Panda, Vaseem Akram

Economics (Morris)

Research output: Contribution to journal › Article › peer-review

1 Scopus citations

Abstract

This paper aims to examine the convergence of ICT development in the case of 27 emerging market economies (EMEs) using annual data from 2000 to 2018. First, by employing Phillips-Sul (PS) panel convergence test, the results not only support the evidence of convergence in ICT development but also find convergence in the composition of ICT development known as ICT access and ICT use. Second, the study identifies factors such as per capita income, human capital, and FDI which significantly affect ICT development. Third, results based on stochastic conditional convergence reveal that EMEs countries are not only converging among themselves but also ‘catch-up’ to the OECD countries.

Original language	English (US)
Article number	102464
Journal	Telecommunications Policy
Volume	47
Issue number	2
DOIs	https://doi.org/10.1016/j.telpol.2022.102464
State	Published - Mar 2023

Bibliographical note

Funding Information:
The authors gratefully acknowledge the suggestions of the editor-in-chief and four anonymous referees on an earlier draft of this paper. The earlier version of this paper was presented in virtual 96th annual conference of Western Economic Association International in June 2021. The authors also thank all the participants for their helpful comments. The usual disclaimer applies.

Publisher Copyright:
© 2022 Elsevier Ltd

Keywords

Convergence
EMEs
ICT access
ICT development
ICT use
PS test

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10.1016/j.telpol.2022.102464

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abstract = "This paper aims to examine the convergence of ICT development in the case of 27 emerging market economies (EMEs) using annual data from 2000 to 2018. First, by employing Phillips-Sul (PS) panel convergence test, the results not only support the evidence of convergence in ICT development but also find convergence in the composition of ICT development known as ICT access and ICT use. Second, the study identifies factors such as per capita income, human capital, and FDI which significantly affect ICT development. Third, results based on stochastic conditional convergence reveal that EMEs countries are not only converging among themselves but also {\textquoteleft}catch-up{\textquoteright} to the OECD countries.",

keywords = "Convergence, EMEs, ICT access, ICT development, ICT use, PS test",

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AU - Akram, Vaseem

N1 - Funding Information: The authors gratefully acknowledge the suggestions of the editor-in-chief and four anonymous referees on an earlier draft of this paper. The earlier version of this paper was presented in virtual 96th annual conference of Western Economic Association International in June 2021. The authors also thank all the participants for their helpful comments. The usual disclaimer applies. Publisher Copyright: © 2022 Elsevier Ltd

PY - 2023/3

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N2 - This paper aims to examine the convergence of ICT development in the case of 27 emerging market economies (EMEs) using annual data from 2000 to 2018. First, by employing Phillips-Sul (PS) panel convergence test, the results not only support the evidence of convergence in ICT development but also find convergence in the composition of ICT development known as ICT access and ICT use. Second, the study identifies factors such as per capita income, human capital, and FDI which significantly affect ICT development. Third, results based on stochastic conditional convergence reveal that EMEs countries are not only converging among themselves but also ‘catch-up’ to the OECD countries.

AB - This paper aims to examine the convergence of ICT development in the case of 27 emerging market economies (EMEs) using annual data from 2000 to 2018. First, by employing Phillips-Sul (PS) panel convergence test, the results not only support the evidence of convergence in ICT development but also find convergence in the composition of ICT development known as ICT access and ICT use. Second, the study identifies factors such as per capita income, human capital, and FDI which significantly affect ICT development. Third, results based on stochastic conditional convergence reveal that EMEs countries are not only converging among themselves but also ‘catch-up’ to the OECD countries.

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KW - ICT access

KW - ICT development

KW - ICT use

KW - PS test

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Convergence and determinants of ICT development in case of emerging market economies

Abstract

Bibliographical note

Keywords

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