The long-run impact of information and communication technology on economic output: the case of Australia
Article
Article Title | The long-run impact of information and communication technology on economic output: the case of Australia |
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ERA Journal ID | 5090 |
Article Category | Article |
Authors | Shahiduzzaman, Md. (Author) and Alam, Khorshed (Author) |
Journal Title | Telecommunications Policy |
Journal Citation | 38 (7), pp. 623-633 |
Number of Pages | 11 |
Year | 2014 |
Place of Publication | Kidlington, OX. United Kingdom |
ISSN | 0308-5961 |
1879-3258 | |
Digital Object Identifier (DOI) | https://doi.org/10.1016/j.telpol.2014.02.003 |
Abstract | This paper investigates the cointegration and causal relationships between Information and Communication Technology (ICT) and economic output in Australia using data for about five decades. The framework used in this paper is the single-sector aggregate production function, which is the first comprehensive approach of this kind to include ICT and non-ICT capital and other factors to examine long-run Granger causality. The empirical evidence points to a cointegration relationship between ICT capital and output, and implies that ICT capital Granger causes economic output and multifactor productivity, as does non-ICT capital. |
Keywords | causality; cointegration; economic growth; information and communication technologies |
ANZSRC Field of Research 2020 | 380109. Industry economics and industrial organisation |
359999. Other commerce, management, tourism and services not elsewhere classified | |
440703. Economic development policy | |
Public Notes | Files associated with this item cannot be displayed due to copyright restrictions. |
Byline Affiliations | Australian Digital Futures Institute |
Australian Centre for Sustainable Business and Development | |
Institution of Origin | University of Southern Queensland |
https://research.usq.edu.au/item/q2956/the-long-run-impact-of-information-and-communication-technology-on-economic-output-the-case-of-australia
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