IDEAS home Printed from https://ideas.repec.org/a/prg/jnlcbr/v2024y2024i3id351p31-47.html
   My bibliography  Save this article

Effects of Broadband and Telephone Subscription on Exports in New Global Era: Evidence from Southeast European Countries

Author

Listed:
  • Muhamet J. Spahiu
  • John McArdle
  • Betim J. Spahiu
  • Esat Durguti

Abstract

The overall objective of the present research is to examine the influence of information technology components on the export-to-GDP ratio, especially focused on the changes caused by the events of the 20th century for Southeast European countries (SEC). The motivation for selecting these countries is to evaluate whether they have achieved a sufficient level to adapt digital developments. To overcome these challenges, the study uses a hybrid technique, employing random-effects (RE) and fixed-effects (FE) regression and Arellano-Bond estimations on panel data gathered from 13 countries from 2006 to 2021. The results confirm that fixed broadband subscriptions (FBS), gross formation capital (GFC) and official exchange rate (ORE), have a strong positive effect on the export-to-GDP ratio. Additionally, fixed telephone subscriptions (FTS), foreign direct investments (FDI) and inflation (INF) have a significant negative impact on the export-to-GDP ratio. The Arellano-Bond technique reveals that FBS, INF and ORE have a positive effect on exports, whereas FTS, GFC and FDI have a negative effect. The novelty of this research is that it uses data comparisons that are not related to a single determinant in the economy but are conditioned to advancement, especially concerning global markets and the exploitation of gaps created by changes in supply chains. Implications for Central European audience: Depending on the research results, it is anticipated that the policy-making structures and other regulatory authorities will create a clear overview of the importance of digitization and its dynamics in the realization of exports and the mitigation of the trade deficit. These discoveries will encourage the highly empowered actors to redesign the policies that will affect the expansion and increase of the quality of the infrastructure of broadband and telephone subscriptions. By expanding and increasing the quality of the economic structure of the respective countries, they will be able to maximize the progress of the export value, which is one of the main goals of almost every country included in the analysis.

Suggested Citation

  • Muhamet J. Spahiu & John McArdle & Betim J. Spahiu & Esat Durguti, 2024. "Effects of Broadband and Telephone Subscription on Exports in New Global Era: Evidence from Southeast European Countries," Central European Business Review, Prague University of Economics and Business, vol. 2024(3), pages 31-47.
  • Handle: RePEc:prg:jnlcbr:v:2024:y:2024:i:3:id:351:p:31-47
    DOI: 10.18267/j.cebr.351
    as

    Download full text from publisher

    File URL: http://cebr.vse.cz/doi/10.18267/j.cebr.351.html
    Download Restriction: free of charge

    File URL: http://cebr.vse.cz/doi/10.18267/j.cebr.351.pdf
    Download Restriction: free of charge

    File URL: https://libkey.io/10.18267/j.cebr.351?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Alina Mihaela Dima & Liviu Begu & Maria Denisa Vasilescu & Maria Alexandra Maassen, 2018. "The Relationship between the Knowledge Economy and Global Competitiveness in the European Union," Sustainability, MDPI, vol. 10(6), pages 1-15, May.
    2. Jong Woo Kang & Suzette Dagli, 2018. "International trade and exchange rates," Journal of Applied Economics, Taylor & Francis Journals, vol. 21(1), pages 84-105, January.
    3. Mei Ling Wang & Chang Hwan Choi, 2019. "How information and communication technology affect international trade: a comparative analysis of BRICS countries," Information Technology for Development, Taylor & Francis Journals, vol. 25(3), pages 455-474, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Alberto Tejero & Victor Rodriguez-Doncel & Ivan Pau, 2020. "Knowledge Graphs for Innovation Ecosystems," Papers 2001.08615, arXiv.org.
    2. Baicu Claudia Gabriela & Gârdan Iuliana Petronela & Gârdan Daniel Adrian & Epuran Gheorghe, 2020. "The impact of COVID-19 on consumer behavior in retail banking. Evidence from Romania," Management & Marketing, Sciendo, vol. 15(s1), pages 534-556, October.
    3. Argatu Ruxandra & Păunescu Carmen, 2019. "Romania and its poverty-alleviating competitiveness: a Central and Eastern European outlook," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 13(1), pages 435-447, May.
    4. Janoskova Katarina & Kral Pavol, 2019. "National innovative performance and sustainable development – the case of Slovakia," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 13(1), pages 28-37, May.
    5. Mohsen Mohammadi Khyareh & Nasrin Rostami, 2022. "Macroeconomic Conditions, Innovation and Competitiveness," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(2), pages 1321-1340, June.
    6. Bratianu Constantin, 2020. "Toward understanding the complexity of the COVID-19 crisis: a grounded theory approach," Management & Marketing, Sciendo, vol. 15(s1), pages 410-423, October.
    7. Pagona Filenta & Dimitrios Kydros, 2023. "Economic and regional development through SNA: the case of the unemployment rate in NUTS 2 regions of the EU," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 14, pages 284-306, June.
    8. Nasrullah, Muhammad & Chang, Liu & Khan, Khalid & Rizwanullah, Muhammad & Zulfiqar, Farah & Ishfaq, Muhammad, 2020. "Determinants of forest product group trade by gravity model approach: A case study of China," Forest Policy and Economics, Elsevier, vol. 113(C).
    9. KYDROS Dimitrios & FILENTA Pagona, 2022. "Literature Review of Economic and Regional Development through Quantitative Methods and Social Network Analysis," European Journal of Interdisciplinary Studies, Bucharest Economic Academy, issue 01, March.
    10. Marta-Christina Suciu & Adrian Petre, 2021. "Cluster Analysis of Regional Competitiveness in the European Union and the Role of ICT," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 24(82), pages 2-11, December,.
    11. Wang, Wencheng & Ning, Zinan & Shu, Yang & Riti, Miriam-Kamah J. & Riti, Joshua Sunday, 2023. "ICT interaction with trade, FDI and financial inclusion on inclusive growth in top African nations ranked by ICT development," Telecommunications Policy, Elsevier, vol. 47(4).
    12. Radka MacGregor Pelikánová, 2019. "Corporate Social Responsibility Information in Annual Reports in the EU—A Czech Case Study," Sustainability, MDPI, vol. 11(1), pages 1-21, January.
    13. Radka MacGregor Pelikánová & Robert Kenyon MacGregor & Martin Èernek, 2021. "New trends in codes of ethics: Czech business ethics preferences by the dawn of COVID-19," Oeconomia Copernicana, Institute of Economic Research, vol. 12(4), pages 973-1009, December.
    14. Thomas Goda & Alejandro Torres García & Cristhian David Larrahondo Dominguez, 2021. "Sectoral real exchange rates and manufacturing exports: A case study of Latin America," Documentos de Trabajo de Valor Público 19286, Universidad EAFIT.
    15. Elena Širá & Roman Vavrek & Ivana Kravčáková Vozárová & Rastislav Kotulič, 2020. "Knowledge Economy Indicators and Their Impact on the Sustainable Competitiveness of the EU Countries," Sustainability, MDPI, vol. 12(10), pages 1-22, May.
    16. Adedotun Joseph Adenigbo & Joash Mageto & Rose Luke, 2023. "Effect of shipping trade on economic growth in Nigeria: the Vector Error Correction Model (VECM) approach," Journal of Shipping and Trade, Springer, vol. 8(1), pages 1-18, December.
    17. Gratiela Georgiana Noja & Alexandru Buglea & Ion Lala-Popa & Cecilia Nicoleta Jurcut, 2021. "The interplay between knowledge-based competitiveness, people’s good health and well-being: new empirical evidence from Central and Eastern European countries," Quality & Quantity: International Journal of Methodology, Springer, vol. 55(2), pages 441-466, April.
    18. Eloy Solis & Kayvan Karimi & Irene Garcia & Inmaculada Mohino, 2022. "Knowledge Economy Clustering at the Intrametropolitan Level: Evidence from Madrid," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(2), pages 1268-1299, June.
    19. Ndivhuho Eunice Ratombo & Itumeleng Pleasure Mongale, 2024. "Establishing the Effects of Internet Users on Inclusive Growth for the SADC Members States: Panel ARDL Approach," International Journal of Economics and Financial Issues, Econjournals, vol. 14(4), pages 316-329, July.
    20. Zi Hui Yin & Chang Hwan Choi, 2023. "The effects of China’s cross-border e-commerce on its exports: a comparative analysis of goods and services trade," Electronic Commerce Research, Springer, vol. 23(1), pages 443-474, March.

    More about this item

    Keywords

    Export; digitalization; panel data models;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • F60 - International Economics - - Economic Impacts of Globalization - - - General
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prg:jnlcbr:v:2024:y:2024:i:3:id:351:p:31-47. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Stanislav Vojir (email available below). General contact details of provider: https://edirc.repec.org/data/uevsecz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.