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ICT and economic development: comparing ASEAN member states

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  • Tony Irawan

Abstract

The impact of information and communications technology (ICT) on economic performance has been an interesting issue in economics. There are at least three key points that can be learnt from the previous literatures regarding ICT and country’s economic performance. First, more developed countries are expected to benefit greater than less developed countries. Second, the impact of ICT will depend on the intensity of ICT utilization. Third, the size and structure of ICT sector of country’s economy does matter. The main contribution of this paper is to evaluate those three points by conducting comparative analysis based on Input–output (I-O) Table from four ASEAN Member States, namely Indonesia, Singapore, Malaysia and Thailand. ASEAN is used because it is one of the regional associations that have a large income gap among its members. The results suggest that more developed countries (which are measured by income per capita) do not always benefit greater than less developed countries from ICT development. The magnitude of ICT impact on the economy depends on the intensity of ICT utilization and the structure of ICT sector. Copyright Springer-Verlag Berlin Heidelberg 2014

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  • Tony Irawan, 2014. "ICT and economic development: comparing ASEAN member states," International Economics and Economic Policy, Springer, vol. 11(1), pages 97-114, February.
    • Handle: RePEc:kap:iecepo:v:11:y:2014:i:1:p:97-114
    DOI: 10.1007/s10368-013-0248-5
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    2. Mbondo, Georges Dieudonné & Bouwawe, Duclo, 2023. "Transformation digitale et transformation structurelle dans les économies d’Afrique Sub-Saharienne (ASS) : les effets variés des technologies de l’information et de la communication (TIC) [Digital ," MPRA Paper 117541, University Library of Munich, Germany.
    3. Wong Ee Syuen & Rossazana Ab-Rahim, 2020. "Does Information and Communications Technology (ICT) Development Foster Economic Growth of ASEAN5 +3 Countries?," Asian Journal of Empirical Research, Asian Economic and Social Society, vol. 10(10), pages 223-230, October.
    4. Usman, Ahmed & Ozturk, Ilhan & Ullah, Sana & Hassan, Ali, 2021. "Does ICT have symmetric or asymmetric effects on CO2 emissions? Evidence from selected Asian economies," Technology in Society, Elsevier, vol. 67(C).
    5. Matthess, Marcel & Kunkel, Stefanie, 2020. "Structural change and digitalization in developing countries: Conceptually linking the two transformations," Technology in Society, Elsevier, vol. 63(C).
    6. Mounir Dahmani & Mohamed Mabrouki & Adel Ben Youssef, 2021. "The ICT, Financial Development, Energy Consumption and Economic Growth Nexus in MENA Countries: Panel CS-ARDL Evidence," GREDEG Working Papers 2021-46, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.

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