The Role of ICT Development in Boosting Economic Growth in Transition Economies

• Autorzy: Rita Remeikiene , Ligita Gaspareniene , Alexandra Fedajev , Vigita Vebraite
• Języki publikacji: EN

Abstrakty

EN

During the last decades, the substantial development of information and communication technologies (ICTs) has led to a number of economic and non-economic changes in all countries worldwide. The ICT progress can significantly influence macroeconomic outcomes and it is widely recognized as an important factor of the transition toward a new economic system. This transition was especially challenging for former command economies. Since these economies are characterized by relatively low standards of living, poor infrastructure and continuous changes in economy structure and regulatory framework, the ICT development can have adverse effect on economic activities. In that sense, this study addresses the role of ICT development in enhancing the economic growth in 11 EU transition economies over the 2000-2019 period, using the linear regression analysis. The obtained results suggest that ICT development has a positive impact on economic growth in the countries under consideration. However, only the link between the number of internet users and economic growth is statistically significant. (original abstract)

Słowa kluczowe

EN

Information and Communication Technology (ICT); Economic growth; Legal and social business environment; Macroeconomics

PL

Technologie informacyjne i telekomunikacyjne; Wzrost gospodarczy; Prawne i społeczne otoczenie biznesu; Makroekonomia

• Czasopismo: Journal of International Studies
• Rocznik: 2021
• Tom: 14
• Numer: nr 4
• Strony: 9--22

Twórcy

autor

Rita Remeikiene

• Vilnius University, Lithuania

autor

Ligita Gaspareniene

• Vilnius University, Lithuania

autor

Alexandra Fedajev

• University of Belgrade, Serbia

autor

Vigita Vebraite

• Vilnius University, Lithuania

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Identyfikatory

DOI

10.14254/2071-8330.2021/14-4/1