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Information and communications technology: a non‐income influence on economic well being

Author

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  • Azmat Gani
  • Michael D. Clemes

Abstract

Purpose - This paper tests the hypothesis that more information via higher levels of diffusion of ICT: a non‐income influence, leads to an improvement in societal well being using data from a large sample of low‐income countries. Design/methodology/approach - The empirical procedure utilises a pooled cross section time wise autoregressive model to test the effects of information and communications technology (ICT) on economic well being. Findings - The findings here provide strong support that the diffusion of the new ICT positively contribute to societal economic well being. Practical implications - The implication of the findings is that low‐income countries, in particular, should quickly move to seize the opportunity to develop their ICT infrastructure given its beneficial welfare effects. Originality/value - The paper examines the effect of ICT on well being.

Suggested Citation

  • Azmat Gani & Michael D. Clemes, 2006. "Information and communications technology: a non‐income influence on economic well being," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 33(9), pages 649-663, September.
    • Handle: RePEc:eme:ijsepp:03068290610683431
    DOI: 10.1108/03068290610683431
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