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HE INTERNET AS A DETERMINING FACTOR IN ECONOMIC CONVERGENCE ACROSS COUNTRIES.
- Source :
- Technological & Economic Development of Economy; 2022, Vol. 28 Issue 2, p313-336, 24p
- Publication Year :
- 2022
-
Abstract
- This paper examines whether the Internet is a determining factor in explaining economic growth and convergence across countries when it acts as a channel of information and knowledge diffusion. Literature has identified around 140 possible growth factors, therefore given the contradictory results obtained from previous empirical studies it is crucial we understand the actual role of the Internet. Using the conditional convergence theory and a Bayesian panel data model averaging method from a sample of 100 countries between 1994 and 2017, our results demonstrate that an increase in access to the Internet is a non-determinant factor in economic convergence, being its probability of inclusion in the true growth model conditioned by the regressors included in the estimates and the time span analysed. [ABSTRACT FROM AUTHOR]
- Subjects :
- ECONOMIC convergence
ECONOMIC impact
INTERNET access
INTERNET
PANEL analysis
Subjects
Details
- Language :
- English
- ISSN :
- 20294913
- Volume :
- 28
- Issue :
- 2
- Database :
- Complementary Index
- Journal :
- Technological & Economic Development of Economy
- Publication Type :
- Academic Journal
- Accession number :
- 156116534
- Full Text :
- https://doi.org/10.3846/tede.2021.15858