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Impact of social media on economic growth – evidence from social media

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  • Roberto Dell’Anno
  • Thierry Rayna
  • Offiong Helen Solomon

Abstract

This article attempts to investigate the impact of social media (SM) on economic growth. Using information obtained from memberships to social networks, we find that SM has a negative and significant impact on economic growth. This provides evidence in favour of our hypothesis that SM increases the search costs for information and also increases the substitution effect from labour to leisure thereby producing a negative impact on growth.

Suggested Citation

  • Roberto Dell’Anno & Thierry Rayna & Offiong Helen Solomon, 2016. "Impact of social media on economic growth – evidence from social media," Applied Economics Letters, Taylor & Francis Journals, vol. 23(9), pages 633-636, June.
  • Handle: RePEc:taf:apeclt:v:23:y:2016:i:9:p:633-636
    DOI: 10.1080/13504851.2015.1095992
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    Cited by:

    1. Solomon, Edna Maeyen & van Klyton, Aaron, 2020. "The impact of digital technology usage on economic growth in Africa," Utilities Policy, Elsevier, vol. 67(C).

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