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The dynamics of information and communications technologies infrastructure, economic growth, and financial development: Evidence from Asian countries

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  • Pradhan, Rudra P.
  • Arvin, Mak B.
  • Norman, Neville R.

Abstract

This paper investigates causal relationships between information and communications technologies (ICT) infrastructure, financial development, and economic growth in Asian countries over the twelve-year period 2001–2012. Using panel cointegration techniques, our empirical results show these variables are cointegrated, with a myriad of short-run and long-run causal links between ICT infrastructure and economic growth, between financial development and economic growth, and between ICT infrastructure and financial development.

Suggested Citation

  • Pradhan, Rudra P. & Arvin, Mak B. & Norman, Neville R., 2015. "The dynamics of information and communications technologies infrastructure, economic growth, and financial development: Evidence from Asian countries," Technology in Society, Elsevier, vol. 42(C), pages 135-149.
    • Handle: RePEc:eee:teinso:v:42:y:2015:i:c:p:135-149
    DOI: 10.1016/j.techsoc.2015.04.002
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