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In pursuit of Happiness in developing countries: does the diffusion of ICT matter?

Author

Listed:
  • Georges Ngnouwal Eloundou

    (University of Dschang - ACEDA - DSEM)

  • Blaise Ondoua Beyene

    (University of Dschang - ACEDA)

  • Marius Messoh Lonte

    (University of Ngaoundere)

Abstract

ICTs have spread throughout developing countries, giving people access to information, economic opportunities and essential services (such as education and health). This has enhanced their knowledge of the world, their education and their social awareness. This paper assesses the effects of ICT on Subjective Well-Being (SWB). Using a sample of 98 developing countries (DCs), we specify and estimate a panel data model using the Pooled Ordinary Least Squares (POLS) and the System Generalized Moment Method (sGMM) over the period 2005-2020. Our results show that ICT diffusion improves subjective well-being. From an economic policy perspective, these results provide guidelines for the implementation and use of ICT in developing countries, which is an asset for a better quality of life.

Suggested Citation

  • Georges Ngnouwal Eloundou & Blaise Ondoua Beyene & Marius Messoh Lonte, 2023. "In pursuit of Happiness in developing countries: does the diffusion of ICT matter?," Economics Bulletin, AccessEcon, vol. 43(4), pages 1730-1740.
  • Handle: RePEc:ebl:ecbull:eb-22-00799
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    References listed on IDEAS

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    More about this item

    Keywords

    SWB; ICT diffusion; POLS; sGMM; DCs.;
    All these keywords.

    JEL classification:

    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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