The paper unveils whether ICT diffusion determines development of financial innovation in emerging economies …. Particularly, we examine the impact of ICT adoption on changing values of exchange traded funds in Brazil and Mexico, comparing it …, logistic growth models (used to estimate ETFs growth) and generalized linear models (used to check for relationship between ICT …

The process of technology diffusion is complex, and one should bear in mind that multiple elements may be claimed as … technology adoption; while demonstrated evidence is scattered and to a great extend it lacks robustness. This paper is designed … to provide empirical evidence on the relationship between the process of ICT diffusion and social development across …