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Information and communication technology penetration level as an impetus for economic growth and development in Africa

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  • Oladipo Olalekan David
  • Wynand Grobler

Abstract

Africa is an emerging, frontier economy that is gradually becoming a gold miner of the fourth industrial revolution (industry 4.0) to achieve speedy economic growth and development. Through the transmission channel of technological drive that relies on the penetration of modern communication means (information and communication technology [I.C.T.]). It is on this basis that this study examines the performance of I.C.T., economic growth and development in Africa. In capturing I.C.T. performance; penetration of I.C.T. indicators – mobile telephone, fixed-line telephone and Internet access subscriptions are used as measurements and reduced to a single index through principal components analysis (P.C.A.). Economic growth and development is measured with the real gross domestic product and the human development index (H.D.I.), respectively. The data for this study were sourced from the international telecommunication union (I.T.U.) and world development indicators from the World Bank databases. The results show that mobile telecommunication is growing faster than other telecommunication indicators and I.C.T. penetration has positive impacts on economic growth and development in Africa. The study, therefore, recommends that simultaneous investments are required in the fixed-line and Internet access telecommunications in Africa in order to fully tap into the optimal impetus of I.C.T. penetration for economic growth and development in Africa.

Suggested Citation

  • Oladipo Olalekan David & Wynand Grobler, 2020. "Information and communication technology penetration level as an impetus for economic growth and development in Africa," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 33(1), pages 1394-1418, January.
  • Handle: RePEc:taf:reroxx:v:33:y:2020:i:1:p:1394-1418
    DOI: 10.1080/1331677X.2020.1745661
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    Citations

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    Cited by:

    1. Ekene ThankGod Emeka & Jonathan E. Ogbuabor & Emmanuel O. Nwosu, 2024. "Effects of public infrastructural development and industrialization on economic complexity in Africa: Emerging insight from panel data analysis," African Development Review, African Development Bank, vol. 36(1), pages 97-110, March.
    2. Yilmaz Bayar & Rita Remeikienė & Gamze Sart, 2024. "ICT Penetration and Human Development: Empirical Evidence from the EU Transition Economies," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 2422-2438, March.
    3. Chen, Zhongwei & Cui, Ruijie & Tang, Can & Wang, Zihan, 2024. "Can digital literacy improve individuals' incomes and narrow the income gap?," Technological Forecasting and Social Change, Elsevier, vol. 203(C).
    4. Tii N. Nchofoung & Guivis Zeufack Nkemgha & Dieu ne Dort Talla Fokam & Arsène Aurelien Njamen Kengdo, 2024. "Achieving the Sustainable Development Goals Through Water and Sanitation: Do Information and Communication Technologies (ICTs) Matter for Africa?," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 4383-4407, March.
    5. Tamerlan Mashadihasanlı & Haluk Zülfikar, 2024. "How Does Information and Communication Technologies Affect Economic Growth? A Comparative Analysis of the Economies of the European Union and Asia-Pacific Region," Journal of Economic Policy Researches, Istanbul University, Faculty of Economics, vol. 11(1), pages 99-114, January.
    6. Chen Haibo & Emmanuel Kwaku Manu & Mary Somuah, 2023. "Examining Finance-Growth Nexus: Empirical Evidence From the Sub-Regional Economies of Africa," SAGE Open, , vol. 13(1), pages 21582440231, February.

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