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ICT and economic growth: Evidence from lower-middle income countries of South Asia

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  • Kirti SANWAL

    (Jamia Millia Islamia, New Delhi, India)

  • Saba ISMAIL

    (Jamia Millia Islamia, New Delhi, India)

Abstract

The present study examines the impact of information and communication technology (ICT) on the economic growth of the lower-middle income countries of South Asia. For empirical analysis, panel data approach comprising OLS, fixed effects, and random effects has been applied over the period 2000-2022. The results indicate that internet and mobile penetration induce economic growth in the lower-middle income countries of South Asia, while the estimated output elasticity for internet is highest amongst the three ICT indicators undertaken in the study. Thus, internet can be used as a growth propellant in the region to skip through the developmental stages.

Suggested Citation

  • Kirti SANWAL & Saba ISMAIL, 2024. "ICT and economic growth: Evidence from lower-middle income countries of South Asia," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(2(639), S), pages 289-302, Summer.
    • Handle: RePEc:agr:journl:v:xxxi:y:2024:i:2(639):p:289-302
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    References listed on IDEAS

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