IDEAS home Printed from https://ideas.repec.org/a/jfr/afr111/v12y2023i4p1.html

Relationship between Technology and Economic Growth

Author

Listed:
  • Ateyah Mohammad Alawneh
  • Suleiman Daood Alosheibat

Abstract

The study analyzes the relationship between technology and economic growth in Jordan during 2009–2018 and the data are treated via Views E program. ARDL methodology are used. Results showed a co-integration relationship between the study variables (computer use in general; computer use at work; and computer use in education, training, and economic growth) and the results presented that the deviation from long-term equilibrium is corrected using an error correction model which long-term corrected as a percentage correction (−0.06) each year from the short-term to the long-term and showed the results of the structural stability test of the (ARDL) model. It is a structural stability test for long and short-term coefficients, which showed that the data used in this study are free from any structural changes has stable parameters over time  The study also used CUSUM's Squerse test, where the test results showed that the study model used is economically good and can be relied upon to anticipate economic solutions in Jordan according to the situation in the coming years, and among the most important recommendations of the study are the following- the need to encourage the use of technology in work, education, and training, and the need for expansion in using these technological means as a gateway to the digital economy and the digital state.

Suggested Citation

  • Ateyah Mohammad Alawneh & Suleiman Daood Alosheibat, 2023. "Relationship between Technology and Economic Growth," Accounting and Finance Research, Sciedu Press, vol. 12(4), pages 1-1, November.
    • Handle: RePEc:jfr:afr111:v:12:y:2023:i:4:p:1
    as

    Download full text from publisher

    File URL: https://www.sciedupress.com/journal/index.php/afr/article/download/24591/15284
    Download Restriction: no
    File URL: https://www.sciedupress.com/journal/index.php/afr/article/view/24591
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Maha Mohamed Alsebai Mohamed & Pingfeng Liu & Guihua Nie, 2022. "Causality between Technological Innovation and Economic Growth: Evidence from the Economies of Developing Countries," Sustainability, MDPI, vol. 14(6), pages 1-39, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Melina Dritsaki & Chaido Dritsaki, 2023. "R&D Expenditures on Innovation: A Panel Cointegration Study of the E.U. Countries," Sustainability, MDPI, vol. 15(8), pages 1-35, April.
    2. Elizabeth Oluwakemi Ayandibu, 2025. "Impact of entrepreneurship education on students’ understanding of global markets and the productive economy: A literature review," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 14(8), pages 661-673, December.
    3. Chun Jiang & Yihan Qiu & Danish, 2025. "Can green finance be helpful in shifting from resource curse to resource blessing in China? Evidence from Markov switching equilibrium model," Natural Resources Forum, Blackwell Publishing, vol. 49(2), pages 1691-1707, May.
    4. Edwin Leonardo Mendez Ortiz & Alejandra Pulido-López & Jose Armando Hernandez Bernal & Jorge Hernan Cifuentes Valenzuela, 2025. "Impact of Cluster Formation on Innovation in the Health Subsector in Colombia," SAGE Open, , vol. 15(1), pages 21582440251, March.
    5. Mushtaq, Mansoor & Hameed, Gulnaz & Mahmood, Nasir & Hanif, Muhammad, 2025. "Impact of Financial Development on Economic Growth Volatility: Moderating Role of Innovation in Developed and Developing Economies," Asian Journal of Applied Economics, Kasetsart University, Center for Applied Economics Research, vol. 32(2).
    6. Wang, Yafei & Zhao, Zihan & Liu, Jing & Bai, Ying & Tan, Zhixiong, 2024. "Mechanisms and effect assessment of smart city policy pilots on employment resilience: Empirical evidence based on 275 sample cities in China," Economic Analysis and Policy, Elsevier, vol. 83(C), pages 631-651.
    7. Thann, Ode Htwee & Yuhuan, Zhao & Uddin, Myne & Zuo, Sumin, 2025. "Technological innovation and agricultural performance in the ASEAN region: The role of digitalization," Food Policy, Elsevier, vol. 135(C).
    8. Yeboah, Samuel, 2023. "Navigating Sustainability: Unveiling Responsible Consumption and Production in Developing Economies for SDG 12 Achievement," MPRA Paper 118214, University Library of Munich, Germany, revised 25 Jul 2023.
    9. Walid Gani, 2024. "Does Competition Spur Innovation in North Africa? Evidence from a Panel ARDL Approach," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 16(2), pages 212-230, May.
    10. Hao, Linna & Meng, Qin & Umar, Muhammad & Long, Chi, 2024. "Mineral resources and intellectual capital: Asymmetrical impacts and sustainable development outcomes," Resources Policy, Elsevier, vol. 91(C).
    11. Alovsat Garaja ALIYEV & Roza Ordukhan SHAHVERDIYEVA, 2025. "Research and Perspectives of New Generation Technological Economic Development Problems on the Industry 4.0 Platform," Informatica Economica, Academy of Economic Studies - Bucharest, Romania, vol. 29(2), pages 32-44.
    12. Gazi Mahabubul Alam & Md. Abdur Rahman Forhad, 2023. "The Impact of Accessing Education via Smartphone Technology on Education Disparity—A Sustainable Education Perspective," Sustainability, MDPI, vol. 15(14), pages 1-14, July.
    13. Liu, Bailu & Tian, Jilin, 2023. "Natural resources led innovation: Employing structural break approach to explore USA's natural resources sector," Resources Policy, Elsevier, vol. 85(PA).
    14. Ahmad, Najid & Youjin, Liu & Žiković, Saša & Belyaeva, Zhanna, 2023. "The effects of technological innovation on sustainable development and environmental degradation: Evidence from China," Technology in Society, Elsevier, vol. 72(C).
    15. Frimpong, Stephen, 2024. "Against Democracy, Neo-totalitarianism, or What? A Cross-Country Dynamic Panel Endogenous Switching Regressing Analysis of Innovation, Economic Growth, and Political Stability," World Development Perspectives, Elsevier, vol. 36(C).
    16. Liu, Qiang & Sun, Hongyu & Luo, Haiming, 2022. "Resource-richness, technological innovation, and sustainable development: Evidence from emerging economies," Resources Policy, Elsevier, vol. 79(C).
    17. Christian Rodas, 2024. "It Is Our Turn to Innovate: Innovation as the Engine of Economic Prosperity in South America," Journal of Developing Societies, , vol. 40(2), pages 176-194, June.
    18. Alenka Guzmán & Hortensia Gómez Viquez & Francisco López Herrera, 2025. "Dynamics of R&D Efforts, Patents, Exports and Economic Growth by World Trade Region, 1990-2021," Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance), Instituto Mexicano de Ejecutivos de Finanzas, IMEF, vol. 20(1), pages 1-24, Enero - M.
    19. Song, Bowen & Liang, Danni, 2025. "Revolution, transformation, and emergence: The transmutation of emerging technologies in the Chinese context," Technology in Society, Elsevier, vol. 83(C).
    20. Kenneth Martínez & David Claudio & Jasmina Burek, 2026. "Monitoring Resilient Techno-Human-Economic Systems Performance Through Simulation Modeling," SN Operations Research Forum, Springer, vol. 7(1), pages 1-45, March.

    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jfr:afr111:v:12:y:2023:i:4:p:1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sciedu Press (email available below). General contact details of provider: https://edirc.repec.org/data/cepflch.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.