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Analyzing the Effect of ICT on Migration and Economic Growth in Belt and Road (BRI) Countries

Author

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  • Kashif Iqbal

    (Beijing University of Posts and Telecommunications)

  • Hui Peng

    (Beijing University of Posts and Telecommunications)

  • Muhammad Hafeez

    (Beijing University of Posts and Telecommunications)

  • Khurshaid

    (University of Peshawar)

Abstract

Information communication and technology (ICT) is a powerful phenomenon, impacting all aspects of society. Knowing the importance of ICT motivates us to analyze the role of ICT adoption on migration and economic growth in Belt and Road Initiative (BRI) countries. However, for this purpose, we use the panel data of fifty-nine BRI countries for the period 2000–2017. For empirical estimations, we employ the panel unit root tests, fully modified OLS (FMOLS), and Granger causality econometric technique. The empirical results summarize that there is a positive and significant relationship between ICT and migration in BRI countries. Furthermore, the results also conclude that there is positive association between ICT and economic growth in BRI countries. The innovative contribution of this study is the finding that the interaction between ICT and trade and the moderating effect of FDI expedite the process of economic growth. Based on policy perspective, the BRI countries need to focus on investing more in the ICT sector to promote sustainable economic growth.

Suggested Citation

  • Kashif Iqbal & Hui Peng & Muhammad Hafeez & Khurshaid, 2020. "Analyzing the Effect of ICT on Migration and Economic Growth in Belt and Road (BRI) Countries," Journal of International Migration and Integration, Springer, vol. 21(1), pages 307-318, March.
    • Handle: RePEc:spr:joimai:v:21:y:2020:i:1:d:10.1007_s12134-019-00739-z
    DOI: 10.1007/s12134-019-00739-z
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