Does Technology Adoption Matter For Economic Development? An Empirical Evidence For Latin American Countries
Extraordinary spread of new information and communication (ICTs) technologies has been recognized worldwide. ICTs are broadly perceived as tools facilitating economic growth and development, especially in economically backward countries. They are relatively easy and cheap to adopt, require minimum skills for effective usage, bringing opportunities for disadvantaged societies. They enable education, knowledge dissemination and sharing, processing and storing all kinds of information. At a time, existence of extend causal relationships between technology diffusion and general economy performance is highly probable. The paper seeks for empirical evidence in existing quantitative links between process of information and communication technologies (ICTs) adoption and dynamics of economic growth and development in Latin American countries. Preliminary we consider ICTs diffusion patterns in Latin American countries, approximating the diffusion process by S-shaped curves and estimating essential parameters of the curves. Afterwards, adopting a bundle of statistical and econometrical tools we aim to detect: if there is any quantitative relationship between ICTs adoption dynamics and economic growth and development; and we wish to estimate to what extend ICTs contribute to economic growth and development. We hypothesize on existing statistically significant and strong links between the two issues. For the analytical purposes, we use panel data for Latin American economies, in the time framework 1990-2011. All necessary data are derived from World Telecommunication/ICT Indicators Database 2012 (16th edition) and World Development Indicators 2012.
|Date of creation:||Sep 2013|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: +48 58 347-18-99
Fax: +48 58 347-18-61
Web page: http://www.zie.pg.gda.pl
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Goldfarb, Avi & Prince, Jeff, 2008. "Internet adoption and usage patterns are different: Implications for the digital divide," Information Economics and Policy, Elsevier, vol. 20(1), pages 2-15, March.
- Gino Gancia & Fabrizio Zilibotti, 2009.
"Technological Change and the Wealth of Nations,"
Annual Review of Economics,
Annual Reviews, vol. 1(1), pages 93-120, 05.
- Fabrizio Zilibotti & Gino Gancia, 2009. "Technological Change and the Wealth of Nations," 2009 Meeting Papers 499, Society for Economic Dynamics.
- Gino Gancia & Fabrizio Zilibotti, 2008. "Technological change and the wealth of nations," Economics Working Papers 1125, Department of Economics and Business, Universitat Pompeu Fabra.
- Fulvio Castellaci, 2006. "Convergence and Divergence among Technology Clubs," DRUID Working Papers 06-21, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
- Comin, D. & Hobijn, B., 2004.
"Cross-country technology adoption: making the theories face the facts,"
Journal of Monetary Economics,
Elsevier, vol. 51(1), pages 39-83, January.
- Diego Comin & Bart Hobijn, 2003. "Cross-country technology adoption: making the theories face the facts," Staff Reports 169, Federal Reserve Bank of New York.
- Comin, D. & Hobijn, B., 2003. "Cross-Country Technology Adoption: Making the Theories Face the Facts," Working Papers 03-04, C.V. Starr Center for Applied Economics, New York University.
- Vicente, Maria Rosalia & Lopez, Ana Jesus, 2006. "Patterns of ICT diffusion across the European Union," Economics Letters, Elsevier, vol. 93(1), pages 45-51, October.
- Jovanovic, Boyan & Lach, Saul, 1989.
"Entry, Exit, and Diffusion with Learning by Doing,"
American Economic Review,
American Economic Association, vol. 79(4), pages 690-99, September.
- Geroski, Paul A, 1999.
"Models of Technology Diffusion,"
CEPR Discussion Papers
2146, C.E.P.R. Discussion Papers.
- Fulvio Castellacci, 2011.
"Closing the Technology Gap?,"
Review of Development Economics,
Wiley Blackwell, vol. 15(1), pages 180-197, 02.
- Alberto Chong & Alejandro Micco, 2002.
"The Internet and the Ability to Innovate in Latin America,"
Research Department Publications
4291, Inter-American Development Bank, Research Department.
- Chong, Alberto & Micco, Alejandro, 2003. "The Internet and the ability to innovate in Latin America," Emerging Markets Review, Elsevier, vol. 4(1), pages 53-72, March.
- Alejandro Micco & Alberto E. Chong, 2002. "The Internet and the Ability to Innovate in Latin America," IDB Publications (Working Papers) 6495, Inter-American Development Bank.
- Fulvio Castellacci, 2002. "Technology Gap and Cumulative Growth: Models and outcomes," International Review of Applied Economics, Taylor & Francis Journals, vol. 16(3), pages 333-346.
- Davies, Stephen W., 1979. "Inter-firm diffusion of process innovations," European Economic Review, Elsevier, vol. 12(4), pages 299-317, October.
- Bousquet, Alain & Ivaldi, Marc, 1997. "Optimal pricing of telephone usage: An econometric implementation," Information Economics and Policy, Elsevier, vol. 9(3), pages 219-239, September.
- Stephen D. Oliner & Daniel E. Sichel, 1994. "Computers and Output Growth Revisited: How Big Is the Puzzle?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 25(2), pages 273-334.
- Fagerberg, Jan, 1994. "Technology and International Differences in Growth Rates," Journal of Economic Literature, American Economic Association, vol. 32(3), pages 1147-75, September.
When requesting a correction, please mention this item's handle: RePEc:gdk:wpaper:17. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wojciech Drapinski)
If references are entirely missing, you can add them using this form.