IDEAS home Printed from https://ideas.repec.org/a/prg/jnlpol/vpreprintid1409.html
   My bibliography  Save this article

The Impacts of ICT on Economic Growth in the MENA Countries: Does Institutional Matter?

Author

Listed:
  • Mohammed N. Abu Alfoul
  • Reza Tajaddini
  • Hassan F. Gholipour
  • Omar Bashar
  • Fouad Jamaani

Abstract

This study investigates the effects of information and communications technology (ICT) on economic growth. Our study focuses on 16 MENA countries from 1995 to 2018. We examine not only the impact of ICT usage and investment but also the moderating role of the quality of national institutions shaping this relationship. The results obtained using the panel ARDL method suggest that while ICT usage drives economic growth, ICT investment alone has a limited effect. Moreover, our research confirms that higher-quality institutions boost the impact of ICT use and investment on economic expansion. These results are essential for policymakers who want to boost ICT's contribution to GDP growth.

Suggested Citation

  • Mohammed N. Abu Alfoul & Reza Tajaddini & Hassan F. Gholipour & Omar Bashar & Fouad Jamaani, . "The Impacts of ICT on Economic Growth in the MENA Countries: Does Institutional Matter?," Politická ekonomie, Prague University of Economics and Business, vol. 0.
    • Handle: RePEc:prg:jnlpol:v:preprint:id:1409
    DOI: 10.18267/j.polek.1409
    as

    Download full text from publisher

    File URL: http://polek.vse.cz/doi/10.18267/j.polek.1409.html
    Download Restriction: free of charge
    File URL: https://libkey.io/10.18267/j.polek.1409?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Feng, Yi, 1997. "Democracy, Political Stability and Economic Growth," British Journal of Political Science, Cambridge University Press, vol. 27(3), pages 391-418, July.
    2. Hassan O. OZEKHOME, 2022. "Do Regulatory Quality, Government Effectiveness and Rule of Law Matter to Foreign Direct Investment in Nigeria?," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(1), pages 160-175, April.
    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. Berhanu Nega, 2011. "Short Changing the Value of Democracy for Economic Development in Africa," Forum for Social Economics, Springer;The Association for Social Economics, vol. 40(3), pages 313-334, October.
    2. Militiades N. Georgiou & Nicholas Kyriazis & Emmanouil M. L. Economou, 2015. "Democracy, Political Stability and Economic performance. A Panel Data Analysis," Journal of Risk & Control, Risk Market Journals, vol. 2(1), pages 1-18.
    3. Berhanu Nega, 2011. "Short Changing the Value of Democracy for Economic Development in Africa," Forum for Social Economics, Taylor & Francis Journals, vol. 40(3), pages 313-334, January.
    4. Ryan H Murphy, 2020. "Does democracy die in recessions? A descriptive analysis of aggregate demand shortfalls and regime transition," Economic Affairs, Wiley Blackwell, vol. 40(1), pages 63-76, February.
    5. Klaus Gründler & Tommy Krieger, 2015. "Democracy and Growth: Evidence of a New Measurement," CESifo Working Paper Series 5647, CESifo.
    6. Talal AL-Bazali & Mohammad Al-Zuhair, 2022. "The Use of Fuzzy Logic to Assess Sustainability of Oil and Gas Resources (R/P): Technical, Economic and Political Perspectives," International Journal of Energy Economics and Policy, Econjournals, vol. 12(2), pages 449-458, March.
    7. Le, Quan Vu & Zak, Paul J., 2006. "Political risk and capital flight," Journal of International Money and Finance, Elsevier, vol. 25(2), pages 308-329, March.
    8. Khedhaouria, Anis & Thurik, Roy, 2017. "Configurational conditions of national innovation capability: A fuzzy set analysis approach," Technological Forecasting and Social Change, Elsevier, vol. 120(C), pages 48-58.
    9. Rabia Haroon & Zainab Jehan, 2022. "Measuring the impact of violence on macroeconomic instability: evidence from developing countries," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 21(1), pages 3-30, January.
    10. Bougharriou, Nouha & Benayed, Walid & Gabsi, Foued Badr, 2019. "The democracy and economic growth nexus: Do FDI and government spending matter? Evidence from the Arab world," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 13, pages 1-29.
    11. Hoch, Felix & Lohwasser, Todor S., 2019. "The influence of institutions on venture capital: How transaction costs, uncertainty, and change affect new ventures," Discussion Papers of the Institute for Organisational Economics 9/2019, University of Münster, Institute for Organisational Economics.
    12. Jorge Fleta‐Asín & Fernando Muñoz, 2021. "Renewable energy public–private partnerships in developing countries: Determinants of private investment," Sustainable Development, John Wiley & Sons, Ltd., vol. 29(4), pages 653-670, July.
    13. Bellettini, Giorgio & Berti Ceroni, Carlotta & Prarolo, Giovanni, 2013. "Political persistence and economic growth," European Journal of Political Economy, Elsevier, vol. 31(C), pages 165-179.
    14. Todor S. Lohwasser & Felix Hoch & Franz W. Kellermanns, 2022. "Strength in Stability: A Meta-Analysis of Family Firm Performance Moderated by Institutional Stability and Regime Type," Entrepreneurship Theory and Practice, , vol. 46(1), pages 117-158, January.
    15. Hadj Fraj, Salma & bouchoucha, Najeh & Maktouf, Samir, 2020. "Political stability and economic growth: the role of exchange rate regime," MPRA Paper 104586, University Library of Munich, Germany.
    16. H.E. Goemans, 2008. "Which Way Out?," Journal of Conflict Resolution, Peace Science Society (International), vol. 52(6), pages 771-794, December.
    17. Benjamin Clark, 2013. "Multilateral, regional, and national determinants of policy adoption: the case of HIV/AIDS legislative action," International Journal of Public Health, Springer;Swiss School of Public Health (SSPH+), vol. 58(2), pages 285-293, April.
    18. repec:lan:wpaper:4812 is not listed on IDEAS
    19. Quan V. Le, 2004. "Political and economic determinants of private investment," Journal of International Development, John Wiley & Sons, Ltd., vol. 16(4), pages 589-604.
    20. Mutascu, Mihai & Tiwari, Aviral & Estrada, Fernando, 2011. "Taxation and political stability," MPRA Paper 36855, University Library of Munich, Germany, revised Feb 2012.
    21. Chaudhry, Ahmed & Mazhar, Ummad, 2018. "Political competition and economic performance: Empirical evidence from Pakistan," Economics Discussion Papers 2018-27, Kiel Institute for the World Economy (IfW Kiel).

    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:prg:jnlpol:v:preprint:id:1409. 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: Stanislav Vojir (email available below). General contact details of provider: https://edirc.repec.org/data/uevsecz.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.