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Telecommunications investment and economic growth in ASEAN5: An assessment from UECM

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  • Elsadig Musa Ahmed
  • Geeta Krishnasamy

Abstract

This paper examines the impact of telecommunications investment on the economic growth of the ASEAN5 countries namely, Malaysia, Indonesia, Philippines, Singapore and Thailand, over the period 1975--2007. The unrestricted error correction model (UECM) and bounds testing approach are employed where a positive and significant long-run relationship is identified in the cases of Malaysia and Singapore. This is not the case for the other ASEAN5 countries. Granger non-causality testing indicates that telecommunications investment causes ASEAN5 economic growth but not vice versa.

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  • Elsadig Musa Ahmed & Geeta Krishnasamy, 2012. "Telecommunications investment and economic growth in ASEAN5: An assessment from UECM," New Zealand Economic Papers, Taylor & Francis Journals, vol. 46(3), pages 315-332, December.
    • Handle: RePEc:taf:nzecpp:v:46:y:2012:i:3:p:315-332
    DOI: 10.1080/00779954.2012.695180
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    Cited by:

    1. Pradhan, Rudra P. & Arvin, Mak B. & Hall, John H., 2016. "Economic growth, development of telecommunications infrastructure, and financial development in Asia, 1991–2012," The Quarterly Review of Economics and Finance, Elsevier, vol. 59(C), pages 25-38.
    2. 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.
    3. Jakub Čihák, 2019. "Vliv mobilní telefonie na ekonomický růst [Impact of Mobile Communications on Economic Growth]," Politická ekonomie, Prague University of Economics and Business, vol. 2019(3), pages 291-315.

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