IDEAS home Printed from https://ideas.repec.org/a/taf/titdxx/v28y2022i4p816-836.html
   My bibliography  Save this article

The moderating role of ICT diffusion between financial development and economic growth: a bootstrap ARDL approach in Saudi Arabia

Author

Listed:
  • Zouheyr Gheraia
  • Mehdi Abid
  • Habib Sekrafi
  • Hanane Abdelli

Abstract

Several studies have proven a positive impact of information and communication technologies (ICT) on economic growth. Nevertheless, some studies have suggested a limited effect, while others have found no statistically significant effect. Faced with this problem, we conducted a study with the aim to assess the role of moderation of ICT diffusion between financial development and economic expansion in Saudi Arabia from 1990 to 2019. Using the bootstrap approach for the ARDL model, the results prove that financial development as well as ICT diffusion affect negatively (positively) economic development. The financial development interaction term with ICT diffusion has a positive and statistically significant effect on economic growth. The results suggest that ICT diffusion does not only directly impact economic growth but also increase the indirect impact of financial development on economic growth. This result indicates that ICT diffusion boosts the role of financial development in economic development. This means that financial development can only boost the Saudi economy when ICTs are well developed.

Suggested Citation

  • Zouheyr Gheraia & Mehdi Abid & Habib Sekrafi & Hanane Abdelli, 2022. "The moderating role of ICT diffusion between financial development and economic growth: a bootstrap ARDL approach in Saudi Arabia," Information Technology for Development, Taylor & Francis Journals, vol. 28(4), pages 816-836, October.
    • Handle: RePEc:taf:titdxx:v:28:y:2022:i:4:p:816-836
    DOI: 10.1080/02681102.2021.1998759
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/02681102.2021.1998759
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/02681102.2021.1998759?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.

    More about this item

    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:taf:titdxx:v:28:y:2022:i:4:p:816-836. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/titd20 .

    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.