Telecommunications Infrastructure and Economic Growth: Evidence from Developing Countries
Simultaneous relationship between telecommunications and the economic growth, using data for developing countries are examined. Using 3SLS, a system of equations that endogenize economic growth and telecom penetration (respectively production function and demand for telecom services), along with supply of telecom investment and growth in telecom penetration are estimated. This system of equations are examined separately for main telephone lines and cell phones. [NIPFP Wp No. 14].
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