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Internet Use and Economic Growth: Evidences From Lower Middle Income and Low Income Countries

Internet Use and Economic Growth: Evidences From Lower Middle Income and Low Income Countries

Abhijit Bhattacharya, Archita Ghosh
Copyright: © 2020 |Pages: 16
ISBN13: 9781799812074|ISBN10: 1799812073|EISBN13: 9781799812081
DOI: 10.4018/978-1-7998-1207-4.ch016
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MLA

Bhattacharya, Abhijit, and Archita Ghosh. "Internet Use and Economic Growth: Evidences From Lower Middle Income and Low Income Countries." Wealth Creation and Poverty Reduction: Breakthroughs in Research and Practice, edited by Information Resources Management Association, IGI Global, 2020, pp. 291-306. https://doi.org/10.4018/978-1-7998-1207-4.ch016

APA

Bhattacharya, A. & Ghosh, A. (2020). Internet Use and Economic Growth: Evidences From Lower Middle Income and Low Income Countries. In I. Management Association (Ed.), Wealth Creation and Poverty Reduction: Breakthroughs in Research and Practice (pp. 291-306). IGI Global. https://doi.org/10.4018/978-1-7998-1207-4.ch016

Chicago

Bhattacharya, Abhijit, and Archita Ghosh. "Internet Use and Economic Growth: Evidences From Lower Middle Income and Low Income Countries." In Wealth Creation and Poverty Reduction: Breakthroughs in Research and Practice, edited by Information Resources Management Association, 291-306. Hershey, PA: IGI Global, 2020. https://doi.org/10.4018/978-1-7998-1207-4.ch016

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Abstract

A good infrastructure is actually the base behind the growth of an economy. In the present age of globalization accessibility of information is a very important component of infrastructure. Studies carried out on the effect of internet on economic growth are mostly either on high income countries only or on a large number of countries belonging to different income groups. Keeping in mind the differential impact of internet on economic growth of countries with different initial conditions, we have attempted in this chapter a study on the impact of internet use on economic growth in 39 lower middle income and low income countries during 2002-2011. Applying panel data regression techniques we have found a positive significant impact of internet use on economic growth of low income countries. The emergence of crisis adversely affected this growth process, overruling the positive impact of internet use.

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