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. 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.
    2. 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).
    3. 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).
    4. 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).
    5. 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.
    6. Ahmad, Najid & Nguyen, Duc Khuong & Tian, Xian-Liang, 2024. "Assessing the impact of the sharing economy and technological innovation on sustainable development: An empirical investigation of the United Kingdom," Technological Forecasting and Social Change, Elsevier, vol. 209(C).
    7. Mounir Dahmani & Mohamed Mabrouki, 2025. "Human Capital, Innovation, Governance and Economic Growth in Resource-Rich and Resource-Poor MENA Countries: New Evidence from the CS-ARDL Approach," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 16(5), pages 16152-16186, November.
    8. Li, Lei & Zheng, Yifan & Ma, Shaojun & Ma, Xiaoyu & Zuo, Jian & Goodsite, Michael, 2025. "Unfavorable weather, favorable insights: Exploring the impact of extreme climate on green total factor productivity," Economic Analysis and Policy, Elsevier, vol. 85(C), pages 626-640.
    9. Zi Hui Yin & Wei Ping Zeng, 2024. "Path to sustainable development: Can industrial intelligence and technological innovation balance economic growth and environmental quality in China?," Sustainable Development, John Wiley & Sons, Ltd., vol. 32(5), pages 4486-4504, October.
    10. Preethu Rahman & Zhihe Zhang & Mohammad Musa, 2023. "Do technological innovation, foreign investment, trade and human capital have a symmetric effect on economic growth? Novel dynamic ARDL simulation study on Bangladesh," Economic Change and Restructuring, Springer, vol. 56(2), pages 1327-1366, April.
    11. Yugang He, 2024. "China’s digital shadows: unveiling the economic toll of cybercrime," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 11(1), pages 1-10, December.
    12. Leonore Lewisch & Petra Riefler, 2023. "Cultured meat acceptance for global food security: a systematic literature review and future research directions," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 11(1), pages 1-21, December.
    13. Miao He & Junli Huang & Ruyi Sun, 2023. "Forecast of Advanced Human Capital Gap Based on PSO-BP Neural Network and Coordination Pathway: Example of Beijing–Tianjin–Hebei Region," Sustainability, MDPI, vol. 15(5), pages 1-18, March.
    14. Vaida Zemlickienė & Zenonas Turskis, 2022. "Determination of Importance of Key Decision Points in the Technology Commercialization Process: Attitude of the US and German Experts," Sustainability, MDPI, vol. 14(23), pages 1-13, November.
    15. Soumya Basu & Keiichi Ishihara, 2025. "On the resiliency of post-crisis decoupling in higher-order economy-energy-environment nexus in high-inflation developing economies," Quality & Quantity: International Journal of Methodology, Springer, vol. 59(2), pages 657-719, April.
    16. Xiao, Nanbing & Zhou, Jincheng & Fang, Xia, 2023. "Role of digital finance, investment, and trade in technological progress," Global Finance Journal, Elsevier, vol. 57(C).
    17. 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.
    18. 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.
    19. 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.
    20. 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).

    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.