Sridhar, Kala Seetharan; Sridhar, Varadharajan - In: Applied Econometrics and International Development 7 (2007) 2, pp. 37-56
In this study, we investigate empirically the relationship between telephone penetration and economic growth, using data for developing countries. Using 3SLS, we estimate a system of equations that endogenizes economic growth and telecom penetration. We find that the traditional economic factors...