The Relationship among Information and Communication Technologies and GDP in Middle East Countries: Panel Cointegration Approach

• Autorzy: Mohsen Mehrara , Alireza Ebrahimian , Zabihallah Falahati
• Języki publikacji: EN

Abstrakty

EN

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)

Słowa kluczowe

EN

Direct investments; Foreign investment; Information and Communication Technology (ICT); Economic growth; Economic development

PL

Inwestycje bezpośrednie; Inwestycje zagraniczne; Technologie informacyjne i telekomunikacyjne; Wzrost gospodarczy; Rozwój gospodarczy

• Czasopismo: International Letters of Social and Humanistic Sciences (ILSHS)
• Rocznik: 2015
• Tom: 3
• Strony: 13--20

Twórcy

autor

Mohsen Mehrara

• Faculty of Economics, University of Tehran, Tehran, Iran

autor

Alireza Ebrahimian

• Department of Regulation, Planning & Economics Affairs, Ministry of Energy, Iran

autor

Zabihallah Falahati

• Faculty of Economics, University of Tehran, Tehran, Iran

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