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ICT and Human Capital Spillover Effects in Achieving Sustainable East Asian Knowledge-Based Economies

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  • Elsadig Musa Ahmed

    (Multimedia University)

Abstract

This study assesses the impact of information and communications technology (ICT) and human capital spillover effects on productivity on selected five countries of Association of Southeast Asian Nations, (ASEAN5), Malaysia, Indonesia, Philippines, Singapore, and Thailand, plus three East Asian Countries (China, Japan, and South Korea). The factors identified as inducing productivity of ASEAN-5 + 3 are the single contributions of physical capital, labor, ICT, human capital, and the instantaneous contribution of the quality of these factors. That is articulated as the total factor productivity (TFP). The study contributes to the knowledge by using three variations of extensive and intensive growth theories (such as output model, labor productivity, and capital productivity). In this respect, the results show that the productivity growth of ASEAN 5 is an input driven; however, China has overtaken the second largest economy position in the world and emerged as productivity-driven nation that attracted multination company investment. Meanwhile, Japan and South Korean model has constructed global companies that help them to join the Organization for Economic Cooperation and Development (OECD).

Suggested Citation

  • Elsadig Musa Ahmed, 2017. "ICT and Human Capital Spillover Effects in Achieving Sustainable East Asian Knowledge-Based Economies," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 8(3), pages 1086-1112, September.
    • Handle: RePEc:spr:jknowl:v:8:y:2017:i:3:d:10.1007_s13132-016-0430-4
    DOI: 10.1007/s13132-016-0430-4
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    2. Adilson Giovanini & Wallace Marcelino Pereira & Kleverton Clóvis de Oliveira Saath, 2020. "Intermediate services’ impact on capital goods production [Contribuição dos serviços intermediários na produção de bens de capital]," Nova Economia, Economics Department, Universidade Federal de Minas Gerais (Brazil), vol. 30(1), pages 203-230, January-A.
    3. Talla Fokam, Dieu Ne Dort & Kamga, Benjamin Fomba & Nchofoung, Tii N., 2023. "Information and communication technologies and employment in developing countries: Effects and transmission channels," Telecommunications Policy, Elsevier, vol. 47(8).
    4. Xiuying Ma & Fei Jia & Hong Jiang & Xiangyun Xu, 2022. "The Impact of Non-R&D Intangible Capital on TFP Growth: Evidence from Multi-country Industry Level Data," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(4), pages 2890-2910, December.
    5. Chaikal Nuryakin & Faisal Rachman & Ashintya Damayati & Nia Kurnia & Moslem Afrizal, 2017. "ICT Capital Spending, ICT Sector, and Firm Productivity: Evidence from Indonesian Firm-Level Data," LPEM FEBUI Working Papers 201713, LPEM, Faculty of Economics and Business, University of Indonesia, revised Oct 2017.
    6. MUGABE Roger & Liu Shulin & Byringiro Enock, 2021. "The Impact of ICT Investment and Diffusion on Economic Growth: Empirical Evidence from Rwanda," International Journal of Innovation and Economic Development, Inovatus Services Ltd., vol. 7(4), pages 23-36, October.
    7. Asma Awan & Sidra Nawaz, 2022. "Towards Green Growth: Monitoring Progress and Investigating Its Determinants in South Asia," Journal of Economic Impact, Science Impact Publishers, vol. 4(3), pages 252-264.
    8. Elsadig Musa Ahmed & Rahim Kialashaki, 2023. "FDI inflows spillover effect implications on the Asian‐Pacific labour productivity," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(1), pages 575-588, January.
    9. Ndubuisi, Gideon & Otioma, Chuks & Owusu, Solomon & Tetteh, Godsway Korku, 2022. "ICTs quality and technical efficiency: An empirical analysis," Telecommunications Policy, Elsevier, vol. 46(10).
    10. Yevgeniy Popov & Konstantin Semyachkov, 2018. "Problems of Economic Security for Digital Society in the Context of Globalization," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(4), pages 1088-1101.
    11. Spyros Arvanitis & Euripidis Loukis, 2020. "Reduction of ICT Investment Due to the 2008 Economic Crisis and ICT-Enabled Innovation Performance of Firms," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(1), pages 1-27, March.
    12. Elsadig Musa Ahmed, 2021. "Modelling Information and Communications Technology Cyber Security Externalities Spillover Effects on Sustainable Economic Growth," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(1), pages 412-430, March.

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