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The Impact of Broadband Adoption on Economic Growth: An Assessment in Selected Developed and Developing Countries

Author

Listed:
  • Koh, Ling-Yen

    (Universiti Malaya, Malaysia)

  • Ong , Sheue-Li

    (Tunku Abdul Rahman University of Management and Technology, Malaysia)

  • Chin , Mui-Yin

    (University of Johannesburg, South Africa)

Abstract

Broadband has emerged as an important infrastructure element to promote economic growth. This study aims to investigate and compare the relationship between broadband adoption and economic growth between developed and developing countries using panel data analysis. The empirical results signified that broadband adoption contributed positively to economic growth in both the developed and developing country groups. However, broadband’s contribution towards economic growth was larger in the developed country group than in the developing country group. Also, several policy recommendations to improve the contribution of broadband adoption towards economic growth arose from the results of this study.

Suggested Citation

  • Koh, Ling-Yen & Ong , Sheue-Li & Chin , Mui-Yin, 2024. "The Impact of Broadband Adoption on Economic Growth: An Assessment in Selected Developed and Developing Countries," Journal of Economic Development, The Economic Research Institute, Chung-Ang University, vol. 49(3), pages 63-81, September.
    • Handle: RePEc:ris:jecdev:0093
    as

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    References listed on IDEAS

    as
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    6. Manuel Arellano & Stephen Bond, 1991. "Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(2), pages 277-297.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Broadband Adoption; Economic Growth; Developed Countries; Developing Countries; Panel Data Analysis;
    All these keywords.

    JEL classification:

    • F62 - International Economics - - Economic Impacts of Globalization - - - Macroeconomic Impacts
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

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