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Economic growth and the development of telecommunications infrastructure in the G-20 countries: A panel-VAR approach

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  • Pradhan, Rudra P.
  • Arvin, Mak B.
  • Norman, Neville R.
  • Bele, Samadhan K.

Abstract

This paper examines the linkages between the development of telecommunications infrastructure (DTI), economic growth, and four key indicators of operation of a modern economy: gross capital formation, foreign direct investment inflows, urbanization rates, and trade openness. By studying the G-20 countries over the period 1991–2012 and employing a panel vector auto-regressive model for detecting Granger causality, we find a network of long-run causal connections between these variables, including bidirectional causality between DTI and economic growth.

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  • Pradhan, Rudra P. & Arvin, Mak B. & Norman, Neville R. & Bele, Samadhan K., 2014. "Economic growth and the development of telecommunications infrastructure in the G-20 countries: A panel-VAR approach," Telecommunications Policy, Elsevier, vol. 38(7), pages 634-649.
  • Handle: RePEc:eee:telpol:v:38:y:2014:i:7:p:634-649
    DOI: 10.1016/j.telpol.2014.03.001
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