The long-run impact of Information and Communication Technology on economic output: The case of Australia

Shahiduzzaman, Muhammad & Alam, Khorshed (2014) The long-run impact of Information and Communication Technology on economic output: The case of Australia. Telecommunications Policy, 38(7), pp. 623-633.

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Abstract

This paper investigates the cointegration and causal relationships between Information and Communication Technology (ICT) and economic output in Australia using data for about five decades. The framework used in this paper is the single-sector aggregate production function, which is the first comprehensive approach of this kind to include ICT and non-ICT capital and other factors to examine long-run Granger causality. The empirical evidence points to a cointegration relationship between ICT capital and output, and implies that ICT capital Granger causes economic output and multifactor productivity, as does non-ICT capital.

Impact and interest:

10 citations in Scopus
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8 citations in Web of Science®

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ID Code: 93101
Item Type: Journal Article
Refereed: Yes
Keywords: Causality, Cointegration, Economic Growth, Information and Communication Technologies
DOI: 10.1016/j.telpol.2014.02.003
ISSN: 0308-5961
Subjects: Australian and New Zealand Standard Research Classification > ECONOMICS (140000) > APPLIED ECONOMICS (140200)
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Management
Deposited On: 22 Feb 2016 04:33
Last Modified: 03 Mar 2016 06:16

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