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ICT and economic development in Taiwan: analysis of the evidence

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  • Wang, Eunice Hsiao-hui

Abstract

The IT-led development strategy adopted by Taiwan has been greatly recognised by other Asian newly industrialised economies (NIEs) in their own NII initiatives. This paper discusses the impact of ICT on economic growth in Taiwan based on longitudinal data over 16 years. It highlights the joint impact of national IT capabilities and national IT investment on economic growth, and the findings imply that the payoff effect of IT investment on economic growth can be achieved only through a robust national information infrastructure that supports IT adoption and application.

Suggested Citation

  • Wang, Eunice Hsiao-hui, 1999. "ICT and economic development in Taiwan: analysis of the evidence," Telecommunications Policy, Elsevier, vol. 23(3-4), pages 235-243, April.
    • Handle: RePEc:eee:telpol:v:23:y:1999:i:3-4:p:235-243
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    Cited by:

    1. Chris Belmert Milindi & Roula Inglesi-Lotz, 2023. "Impact of technological progress on carbon emissions in different country income groups," Energy & Environment, , vol. 34(5), pages 1348-1382, August.
    2. Borazon, Elaine Q. & Supangco, Vivien T., 2018. "Effect of Supply Chain Integration on the Business Performance and Competitiveness of the Philippine Small and Medium Enterprises," Discussion Papers DP 2018-13, Philippine Institute for Development Studies.
    3. Simplice A. Asongu, 2017. "Mobile Phone Innovation and Technology-driven Exports in Sub-Saharan Africa," Research Africa Network Working Papers 17/042, Research Africa Network (RAN).
    4. Kais Saidi & Lobna Hassen & M. Hammami, 2015. "Econometric Analysis of the Relationship Between ICT and Economic Growth in Tunisia," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 6(4), pages 1191-1206, December.
    5. Habib Ur Rahman & Ghulam Ali & Umer Zaman & Carlo Pugnetti, 2021. "Role of ICT Investment and Diffusion in the Economic Growth: A Threshold Approach for the Empirical Evidence from Pakistan," IJFS, MDPI, vol. 9(1), pages 1-14, March.
    6. Lange, Steffen & Pohl, Johanna & Santarius, Tilman, 2020. "Digitalization and energy consumption. Does ICT reduce energy demand?," Ecological Economics, Elsevier, vol. 176(C).
    7. BEN YOUSSEF, Adel & M'HENNI, Hatem, 2003. "Les effets des technologies de l'information et de communication sur la croissance économique; le cas de la Tunisie [ICT contribution to growth; the case of tunisia]," MPRA Paper 27537, University Library of Munich, Germany.
    8. Albiman, Masoud Mohammed & Sulong, Zunaidah, 2017. "The linear and non-linear impacts of ICT on economic growth, of disaggregate income groups within SSA region," Telecommunications Policy, Elsevier, vol. 41(7), pages 555-572.
    9. Audi, Marc & Ali, Amjad, 2019. "The Advancement in Information and Communication Technologies (ICT) and Economic Development: A Panel Analysis," MPRA Paper 93476, University Library of Munich, Germany.
    10. Sharif, Sajjad Hossine, 2016. "The Role of Telecommunication over the Economic Development of Bangladesh," MPRA Paper 99764, University Library of Munich, Germany.
    11. Simplice A. Asongu & Ndemaze Asongu, 2019. "The Role of Mobile Phones in Governance-Driven Technology Exports in Sub-Saharan Africa," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 10(2), pages 849-867, June.
    12. M'HENNI, Hatem, 2004. "La fracture numérique Nord-Sud de la méditerranée; une explication néo-institutionnelle [A digital divide between north and south of Mediterranean sea: A neo-institutional explanation]," MPRA Paper 27548, University Library of Munich, Germany.
    13. Yu Cheng Lin & Sang Do Park, 2023. "Effects of FDI, External Trade, and Human Capital of the ICT Industry on Sustainable Development in Taiwan," Sustainability, MDPI, vol. 15(14), pages 1-24, July.
    14. Gupta, Sunita & Jain, Megha & Nagpal, Aishwarya, 2019. "An Empirical Investigation on associated linkage between Human Development and ICT: A South Asian Perspective," MPRA Paper 96167, University Library of Munich, Germany.
    15. Ogechi Adeola & Olaniyi Evans, 2020. "ICT, infrastructure, and tourism development in Africa," Tourism Economics, , vol. 26(1), pages 97-114, February.
    16. Wang, Wei-Ching, 2009. "Information economy and inequality: Wage polarization, unemployment, and occupation transition in Taiwan since 1980," Journal of Asian Economics, Elsevier, vol. 20(2), pages 120-136, March.
    17. Hossine Sharif, Sajjad, 2016. "The Role of Telecommunication over the Economic Development of Bangladesh," MPRA Paper 98957, University Library of Munich, Germany.
    18. Dorota Walentek, 2021. "Datafication Process in the Concept of Smart Cities," Energies, MDPI, vol. 14(16), pages 1-17, August.
    19. Hossine Sharif, Sajjad, 2016. "The Role of Telecommunication over the Economic Development of Bangladesh," MPRA Paper 77077, University Library of Munich, Germany, revised 13 Aug 2016.
    20. Elaine Q. Borazon & Vivien T. Supangco, 2018. "Effect of Supply Chain Integration on the Business Performance and Competitiveness of the Philippine Small and Medium Enterprises," Working Papers id:12922, eSocialSciences.
    21. Elsadig Musa Ahmed & Geeta Krishnasamy, 2012. "Telecommunications investment and economic growth in ASEAN5: An assessment from UECM," New Zealand Economic Papers, Taylor & Francis Journals, vol. 46(3), pages 315-332, December.
    22. Cem Işık, 2013. "The Importance of Creating a Competitive Advantage and Investing in Information Technology for Modern Economies: an ARDL Test Approach from Turkey," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 4(4), pages 387-405, December.

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