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Structural equation modeling: an application of broadband penetration and GDP growth in Asia

Author

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  • Tasneem Fatima Alam

    (University of Dhaka)

  • Nayeem Sultana

    (University of Dhaka)

  • Md. Israt Rayhan

    (University of Dhaka)

Abstract

In the present era of globalization, broadband penetration which indicates access to high-speed internet has allowed the transferring of information in a way that was never observed before. With the growing world-wide investment and attention received by broadband infrastructure, this study examines the relationship between broadband penetration and economic growth with a panel data consisting of ten Asian countries over 2001–2015. This study uses a structural equation modeling approach to estimate the relationship between endogenous broadband penetration and economic growth through two-stage least squares, three-stage generalized method of moments and full-information maximum likelihood estimation. A positive and significant impact of broadband penetration on economic growth is found controlling individual effect of countries.

Suggested Citation

  • Tasneem Fatima Alam & Nayeem Sultana & Md. Israt Rayhan, 2019. "Structural equation modeling: an application of broadband penetration and GDP growth in Asia," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 8(1), pages 1-11, December.
    • Handle: RePEc:spr:jecstr:v:8:y:2019:i:1:d:10.1186_s40008-019-0148-0
    DOI: 10.1186/s40008-019-0148-0
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    References listed on IDEAS

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    Cited by:

    1. Leogrande, Angelo & Costantiello, Alberto & Laureti, Lucio, 2021. "The Broadband Penetration in Europe," MPRA Paper 110457, University Library of Munich, Germany.

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