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Spatial Linkage of Technological Progress, ICT base and Economic Output in CLMV Region

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  • Chhorn, Theara

Abstract

Rising technological progress and innovation, ICT base toward the era of modernization and globalization in developing countries has driven economic into the new structure of transitional development. The paper examines spatial linkage between technological progress and economic output in CLMV region during the observation period of 1995 to 2016. The conventional approach overcome simple RE and FE estimation, say FGLS and MLE-GLS reveals the consistency of empirical outcomes. It yields the crucial role of technological progress, as the proxy of internet server connection and ICT, computer import products in boosting the structure of economic output which generate to the growth rate in CLMV region. The findings suggest policy maker in exerting policy toward climate investment and trade to bring the country into path of facilitating flows of capitals, goods and service, particularly the business structure in line with adopting the technological innovation.

Suggested Citation

  • Chhorn, Theara, 2017. "Spatial Linkage of Technological Progress, ICT base and Economic Output in CLMV Region," MPRA Paper 82344, University Library of Munich, Germany, revised Oct 2017.
  • Handle: RePEc:pra:mprapa:82344
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    References listed on IDEAS

    as
    1. Hausman, Jerry, 2015. "Specification tests in econometrics," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 38(2), pages 112-134.
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    3. Kais Saidi & Lobna Hassen & M. Hammami, 2015. "Econometric Analysis of the Relationship Between ICT and Economic Growth in Tunisia," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 6(4), pages 1191-1206, December.
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    More about this item

    Keywords

    Technological Progress; Economic Output; Economic Significance Analysis; CLMV;
    All these keywords.

    JEL classification:

    • C3 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables
    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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