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CEE telecommunications investment and economic growth

  • Madden, Gary
  • Savage, Scott J.

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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Article provided by Elsevier in its journal Information Economics and Policy.

Volume (Year): 10 (1998)
Issue (Month): 2 (June)
Pages: 173-195

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Handle: RePEc:eee:iepoli:v:10:y:1998:i:2:p:173-195
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/505549

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