THE IMPACT OF BROADBAND ADOPTION ON ECONOMIC GROWTH: AN ASSESSMENT IN SELECTED DEVELOPED AND DEVELOPING COUNTRIES

Broadband has emerged as an important infrastructure element to promote economie growth. This study aims to investigate and compare the relationship between broadband adoption and economie growth between developed and developing countries using panel data analysis. The empirical results signified th...

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Bibliographic Details
Published in:Journal of economic development 2024, 49(3), 195, pp.63-81
Main Authors: Koh, Ling-Yen, Ong, Sheue-Li, Chin, Mui-Yin
Format: Article
Language:English
Subjects:
Broadband
Data analysis
Developing countries
Economic growth
Industrialized nations
Internet access
LDCs
경제학
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Summary:Broadband has emerged as an important infrastructure element to promote economie growth. This study aims to investigate and compare the relationship between broadband adoption and economie growth between developed and developing countries using panel data analysis. The empirical results signified that broadband adoption contributed positively to economie growth in both the developed and developing country groups. However, broadband's contribution towards economie growth was larger in the developed country group than in the developing country group. Also, several policy recommendations to improve the contribution of broadband adoption towards economie growth arose from the results of this study.
ISSN:0254-8372
DOI:10.35866/caujed.2024.49.3.003