The ICT–Economic Growth Nexus: Revisiting the Impact of the Internet on GDP
Over the past decades, the intensive development of information and communication technologies (ICT) has prompted numerous studies assessing the relationship between ICT and economic growth. Initial doubts about the importance of the Internet for economic growth have recently been replaced by concl...
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Language: | English |
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The John Paul II Catholic University of Lublin
2024-06-01
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Series: | Przegląd Prawno-Ekonomiczny |
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Online Access: | https://czasopisma.kul.pl/index.php/ppe/article/view/16414 |
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author | Oliwia Sojka Jacek Pietrucha |
author_facet | Oliwia Sojka Jacek Pietrucha |
author_sort | Oliwia Sojka |
collection | DOAJ |
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Over the past decades, the intensive development of information and communication technologies (ICT) has prompted numerous studies assessing the relationship between ICT and economic growth. Initial doubts about the importance of the Internet for economic growth have recently been replaced by conclusions supporting the positive significance of this technological revolution. However, despite the abundant research conducted in recent years, the obtained outcomes do not allow for a consensus, particularly regarding the impact of specific types of ICT. This paper investigates the connection between Internet usage and economic growth. The estimation is based on a broad group of economies (88 countries) from 2006 to 2020 using data from the International Telecommunication Union database. The results suggest a statistically significant relationship between Internet usage and GDP growth.
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format | Article |
id | doaj-art-216064e3bd274f51bc00cccdffc2e5e2 |
institution | Kabale University |
issn | 1898-2166 2720-6734 |
language | English |
publishDate | 2024-06-01 |
publisher | The John Paul II Catholic University of Lublin |
record_format | Article |
series | Przegląd Prawno-Ekonomiczny |
spelling | doaj-art-216064e3bd274f51bc00cccdffc2e5e22025-01-21T12:16:10ZengThe John Paul II Catholic University of LublinPrzegląd Prawno-Ekonomiczny1898-21662720-67342024-06-01210.31743/ppe.16414The ICT–Economic Growth Nexus: Revisiting the Impact of the Internet on GDPOliwia Sojka0Jacek Pietrucha1University of Economics in KatowiceUniversity of Economics in Katowice Over the past decades, the intensive development of information and communication technologies (ICT) has prompted numerous studies assessing the relationship between ICT and economic growth. Initial doubts about the importance of the Internet for economic growth have recently been replaced by conclusions supporting the positive significance of this technological revolution. However, despite the abundant research conducted in recent years, the obtained outcomes do not allow for a consensus, particularly regarding the impact of specific types of ICT. This paper investigates the connection between Internet usage and economic growth. The estimation is based on a broad group of economies (88 countries) from 2006 to 2020 using data from the International Telecommunication Union database. The results suggest a statistically significant relationship between Internet usage and GDP growth. https://czasopisma.kul.pl/index.php/ppe/article/view/16414ICTeconomic growthInternetICT infrastructure |
spellingShingle | Oliwia Sojka Jacek Pietrucha The ICT–Economic Growth Nexus: Revisiting the Impact of the Internet on GDP Przegląd Prawno-Ekonomiczny ICT economic growth Internet ICT infrastructure |
title | The ICT–Economic Growth Nexus: Revisiting the Impact of the Internet on GDP |
title_full | The ICT–Economic Growth Nexus: Revisiting the Impact of the Internet on GDP |
title_fullStr | The ICT–Economic Growth Nexus: Revisiting the Impact of the Internet on GDP |
title_full_unstemmed | The ICT–Economic Growth Nexus: Revisiting the Impact of the Internet on GDP |
title_short | The ICT–Economic Growth Nexus: Revisiting the Impact of the Internet on GDP |
title_sort | ict economic growth nexus revisiting the impact of the internet on gdp |
topic | ICT economic growth Internet ICT infrastructure |
url | https://czasopisma.kul.pl/index.php/ppe/article/view/16414 |
work_keys_str_mv | AT oliwiasojka theicteconomicgrowthnexusrevisitingtheimpactoftheinternetongdp AT jacekpietrucha theicteconomicgrowthnexusrevisitingtheimpactoftheinternetongdp AT oliwiasojka icteconomicgrowthnexusrevisitingtheimpactoftheinternetongdp AT jacekpietrucha icteconomicgrowthnexusrevisitingtheimpactoftheinternetongdp |