Telecommunications investment and economic growth in ASEAN5: An assessment from UECM
This paper examines the impact of telecommunications investment on the economic growth of the ASEAN5 countries namely, Malaysia, Indonesia, Philippines, Singapore and Thailand, over the period 1975--2007. The unrestricted error correction model (UECM) and bounds testing approach are employed where a positive and significant long-run relationship is identified in the cases of Malaysia and Singapore. This is not the case for the other ASEAN5 countries. Granger non-causality testing indicates that telecommunications investment causes ASEAN5 economic growth but not vice versa.
Year of publication: |
2012
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Authors: | Ahmed, Elsadig Musa ; Krishnasamy, Geeta |
Published in: |
Regional Studies. - Taylor & Francis Journals, ISSN 0034-3404. - Vol. 46.2012, 3, p. 315-332
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Publisher: |
Taylor & Francis Journals |
Saved in:
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