Internet diffusion and economic growth in emerging stock markets
AbstractThis paper analyses the process of internet diffusion and economic growth using a dataset of 116 low and lower middle income countries during 1990 to 2004. The countries are stratified by those with (without) stock exchanges and show that the internet diffusion process is characterised by an S-shape curve for both groups. Countries with stock exchanges show a steeper diffusion curve and have higher growth patterns than those without. The paper further explores the relation between internet diffusion and economic growth at the country and firm levels. The findings show this relation to be significant in countries where investor protection, trade, and governance are increasing and where market liquidity and foreign equity holders are higher relative to others.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Inderscience Enterprises Ltd in its journal Int. J. of Economics and Accounting.
Volume (Year): 1 (2010)
Issue (Month): 3 ()
Contact details of provider:
Web page: http://www.inderscience.com/browse/index.php?journalID==357
internet diffusion; electronic dispersion; technology dissemination; economic growth; emerging markets; stock markets.;
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Graham Langley).
If references are entirely missing, you can add them using this form.