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The contribution of the ‘new economy’ to economic growth in developing countries has so far been minimal. Despite the recent hype, the ‘old economy’ will for long be the fundamental force behind economic growth in transition economies. Nonetheless, in the longer run the ‘new economy’...
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The aim of this study is to evaluate the economic development potential for Namibia through IP telephony. First, background information on the telecommunication sector in Namibia is given. Then, the link between the ICT sector and GDP growth is being investigated. Granger causality tests...
Persistent link: https://www.econbiz.de/10010279055
This paper, using a cumulative growth model and a catch-up model, verifies the cumulative relationship between IT investment and economic growth, and then examines whether this relationship enlarges the differences in the economic growth among OECD countries. We observe the following results:...
Persistent link: https://www.econbiz.de/10010279179
The benefits from the New Economy should accrue as improvements in productivity and economic growth. But while the use of information and communication technology seems to have had a substantial impact on the performance of the United States economy, the evidence for other countries is much...
Persistent link: https://www.econbiz.de/10010279209
While there is an increasing realization of the potential that IT offers for human welfare, IT-induced productivity and growth are confined to the developed world. It is argued that even though the international digital divide is a reality, there are certain specific characteristics of the new...
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