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 Initial doubts about the importance of the Internet for economic growth have recently been replaced by concl...

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Main Authors: Oliwia Sojka, Jacek Pietrucha
Format: Article
Language:English
Published: The John Paul II Catholic University of Lublin 2024-06-01
Series:Przegląd Prawno-Ekonomiczny
Subjects:
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
description 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 Initial doubts about the importance of the Internet for economic growth have recently been replaced by conclusions supporting the positive significance of this technological revolution.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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institution Kabale University
issn 1898-2166
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publisher The John Paul II Catholic University of Lublin
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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