ICT Diffusion and Economic Growth in New Zealand

Two different theoretical treatments of technology diffusion in an economy are examined. The traditional model based on the aggregate production function approach first introduced by Solow (1957) assumes technology is unstructured and arrives as a continuous exogenous flow. This model predicts that the diffusion of new technologies will be contemporaneously correlated with growth in economic performance indicators. An alternative view explicitly models technological structure in the form of complementarities. It also incorporates the observation that new general purpose technologies (GPTs) invariably emerge in a crude form lacking many of the complementarities that enable them to become productive. This view predicts that when new technologies emerge costly investment in developing complementary technologies must take place and thus there will be a lag between the new technology’s introduction and observed growth in economic performance indicators. These two views articulate two general empirically testable hypotheses that are captured in a number of specific tests. One such test measures diffusion of information and communication technologies (ICT) as an independent phenomenon and compares its times series pattern to that of the growth of total factor productivity (TFP) in New Zealand. New Zealand’s experience in consistent with other OECD economies where the diffusion of ICT has occurred at the same time as a TFP slowdown. Another test measures relative ICT-skilled labour demand. Findings support the non-traditional view’s prediction that ICT-skilled labour will increase with the diffusion of ICT technology in New Zealand.ICT, Productivity, Diffusion Technology

Knowledge and Economic Growth: Evidence from Some Developing Countries

The purpose of this paper is to estimate the impact of Knowledge Index consist of R&D, human resources and diffusion of ICT on economic growth in developing countries. To do so we have used a sample of 16 developing countries for which the necessary data were available for the period 2000- 2008. In this paper knowledge economy index (R&D, human resources and diffusion of ICT), Investment (Gross fixed capital formation), general government consumption and labor force considered as explanatory variables and GDP as a dependent variable. Our findings based on panel data econometrics method indicate that the impact of knowledge index on economic growth in the countries under consideration is positive and significance. Therefore, the expansion of knowledge in these countries is suggested

VISTAS Interdisciplinary Colloquium on Emerging Research on Education, Economy and Community

Abstracts of presentations given at the VISTAS Interdisciplinary Colloquium on Emerging Research on Education, Economy and Communit

ICT Opportunities and Challenges for Development in the Arab World

ICT diffusion, ICT market, ICT implications, Arab world

The Diffusion of ICT for Corruption Detection in Open Government Data

Corruption occurs in many places within the government. To tackle the issue, open data can be used as one of the tools in creating more insight into the government. The premise of this paper is to support the notion that data opening can bring up new ways of fighting corruption. The current paper aimed at investigating how open data can be employed to detect corruption. This open data is trivial due to challenges like information asymmetry among stakeholders, data might only be opened partly, different sources of data need to be combined, and data might not be easy to use, might be biased or even manipulated. The study was conducted using a literature review approach. The reviews implied that corruption can be detected using Open Government Data, Thus, by conducting the open data technique within the government, the public could monitor the activities of the governments. The practical contribution of this paper is expected to assist the government in detecting corruption by using a data-driven approach. Furthermore, the scientific contribution will originate from the development of a framework reference architecture to uncover corruption cases

ICT, Business Growth and Sustainable Human Development: A Mediation Model

Our research-in-progress paper seeks to provide an insight into the mechanism driving the relationship between ICT and sustainable human development. While prior research has shown that the adoption and diffusion of ICT improves human development outcomes, little is known about the mechanism that drives this direct relationship. In this paper, we propose business growth as the mediating mechanism explaining the direct relationship

Western Europe’s growth prospects : an historical perspective

This paper surveys the recent history of Western European growth. It concludes that this experience has been disappointing and that further reforms are desirable in many countries. The requirement for reform comes both from achieving ‘close-to-frontier’ status and from the opportunities provided by the new technological era. The paper goes on to consider the effects that the current crisis may have on medium-term growth rates. The lesson from the 1930s is that, if the current crisis leads to a similarly bad downturn, the policy reaction in terms of greater state intervention will not be conducive to improved growth prospects

Working Paper 07-02 - ICT contribution to economic performance in Belgium: preliminary evidence

In this paper, the impact of ICT on economic and productivity growth is investigated in the context of the Belgian economy. The analysis is conducted at aggregate and branch level. The impact of ICT on economic growth through productivity gains can be transmitted via three different channels, namely increase in the ICT capital available per worker (capital deepening), technical progress in the ICT producer sectors (TFP growth) and finally, technical progress in the ICT user sectors through spillover effects (TFP growth).

Effet de la Diffusion des TIC Sur la Croissance Economique dans les Pays de l’UEMOA

Au début de la décennie 1990, les nouvelles théories de la croissance développées suggèrent que l’innovation est la principale source de progrès technologique. Partant de cette idée que l’innovation est source de croissance économique, les technologies de l’information et de la communication (TIC) se sont diffusées de façon exponentielle un peu partout dans le monde. Cet article se fixe donc pour objectif d’analyser l’effet de la diffusion des TIC sur la croissance économique dans sept pays de l’UEMOA sur la période 2002-2021. Pour ce faire, nous avons estimé un modèle Autoregressive Distributed Lag (ARDL) sur un panel issu des données de cette zone. Suite à l’utilisation de l’estimateur Pooled Mean Group (PMG), les résultats montrent qu’à long terme, la diffusion des TIC a un effet positif et significatif sur la croissance économique des pays de l’UEMOA. Ces résultats suggèrent la nécessité pour les décideurs des pays de l’UEMOA de s'engager à développer leurs infrastructures de télécommunications pour une meilleure diffusion des TIC afin d'accélérer au mieux le processus de croissance de leurs économies.   At the start of the 1990s, new theories of growth developed suggested that innovation was the main source of technological progress. Based on this idea that innovation is a source of economic growth, information and communication technologies (ICT) have spread exponentially all over the world. This article therefore sets itself the objective of analyzing the effect of the diffusion of ICT on economic growth in seven WAEMU countries over the period 2002-2021. To do this, we estimated an Autoregressive Distributed Lag (ARDL) model on a panel taken from data from this area. Following the use of the Pooled Mean Group (PMG) estimator, the results show that in the long term, the diffusion of ICT has a positive and significant effect on the economic growth of WAEMU countries. These results suggest the need for decision-makers in WAEMU countries to commit to developing their telecommunications infrastructure for better diffusion of ICT in order to accelerate the growth process of their economies