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CEE telecommunications investment and economic growth

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Author Info
Madden, Gary G
Savage, Scott J
Abstract

The antiquated state of the telecommunications network in the transitional economies of Central and Eastern Europe has been identified by the OECD (1993) and the ITU (1994) as a significant impediment to regional productivity, international competitiveness and trade performance. This situation suggests that the upgrading and extension of the telecommunications network should be a priority objective for policy-makers in order to facilitate growth. This paper empirically examines the relationship between gross fixed investment, telecommunications infrastructure investment and economic growth for a sample of transitional economies in Central and Eastern Europe. In particular, the paper focuses on empirically determining the direction of influence, and timing, between investment and growth.

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File URL: http://mpra.ub.uni-muenchen.de/11843/
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 11843.

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Date of creation: 16 Jun 1997
Date of revision: 25 Jul 1997
Handle: RePEc:pra:mprapa:11843

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Related research
Keywords: Economies in transition; Investment and growth; Telecommunications infrastructure;

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Find related papers by JEL classification:
L96 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Telecommunications

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    Other versions:
  3. Leamer, Edward E., 1985. "Vector autoregressions for causal inference?," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 22(1), pages 255-304, January. [Downloadable!] (restricted)
  4. Edirisuriya, P., 1995. "Telecommunications and Economic Growth: Empirical Evidence from ASEAN Countries," Papers 95.29, La Trobe - Department of Economics.
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  7. Magnus Blomstrom & Robert E. Lipsey & Mario Zejan, 1996. "Is Fixed Investment the Key to Economic Growth?," NBER Working Papers 4436, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  8. Wolff, Edward N, 1991. "Capital Formation and Productivity Convergence over the Long Term," American Economic Review, American Economic Association, vol. 81(3), pages 565-79, June. [Downloadable!] (restricted)
  9. De Long, J Bradford & Summers, Lawrence H, 1991. "Equipment Investment and Economic Growth," The Quarterly Journal of Economics, MIT Press, vol. 106(2), pages 445-502, May. [Downloadable!] (restricted)
    Other versions:
  10. Fischer, Stanley & Sahay, Ratna & Vegh, Carlos A, 1996. "Economies in Transition: The Beginnings of Growth," American Economic Review, American Economic Association, vol. 86(2), pages 229-33, May. [Downloadable!] (restricted)
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