The impact of the digital economy on economic growth: The case of OECD countries
Autor(a) principal: | |
---|---|
Data de Publicação: | 2022 |
Outros Autores: | , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | RAM. Revista de Administração Mackenzie |
Texto Completo: | http://old.scielo.br/scielo.php?script=sci_arttext&pid=S1678-69712022000600701 |
Resumo: | ABSTRACT Purpose: This longitudinal study analyzes the impact of the digital economy on economic growth in Organisation for Economic Co-operation and Development (OECD)’s countries, divided into groups by their level of development (transition and innovation countries). Originality/value: Empirical studies on information and communications technology (ICT)’s impact on countries’ economic growth have increased over the last few years. However, there are still no studies that analyze this problem for the group of OECD countries, let alone divide these countries according to their level of economic development to assess the differences between more developed countries and less developed. The study of this gap in the literature allows us to infer important implications for policymakers to implement the digital agenda more efficiently. Design/methodology/approach: We used a panel data sample from the World Bank covering 36 OECD countries from 2000 to 2019. A statistical analysis of the variables was carried out separately for all OECD countries and the transition and innovation countries groups. We then performed a correlation analysis between the variables, and three models were estimated using the generalized moments panel method (GMM) using a fixed cross-section. Findings: The impact of the digital economy as measured by the technology proxy – internet, mobile phone, and fixed-broadband – on the economic growth of OECD countries depends on their level of development and the measures of the technologies that capture the digital economy. ICTs positively influence the development of the economies of OECD countries and can be used as instruments by policymakers. These agents must implement policies that strengthen the physical and technological infrastructures of the ICTs, the digital empowerment of human capital, and more significant social equity in accessing the ICTs. |
id |
MACKENZIE-2_b12b458c29b2f7f682d46c6ef0f15411 |
---|---|
oai_identifier_str |
oai:scielo:S1678-69712022000600701 |
network_acronym_str |
MACKENZIE-2 |
network_name_str |
RAM. Revista de Administração Mackenzie |
repository_id_str |
|
spelling |
The impact of the digital economy on economic growth: The case of OECD countriesmobile telephoneinternetfixed broadbanddigital economyeconomic growthABSTRACT Purpose: This longitudinal study analyzes the impact of the digital economy on economic growth in Organisation for Economic Co-operation and Development (OECD)’s countries, divided into groups by their level of development (transition and innovation countries). Originality/value: Empirical studies on information and communications technology (ICT)’s impact on countries’ economic growth have increased over the last few years. However, there are still no studies that analyze this problem for the group of OECD countries, let alone divide these countries according to their level of economic development to assess the differences between more developed countries and less developed. The study of this gap in the literature allows us to infer important implications for policymakers to implement the digital agenda more efficiently. Design/methodology/approach: We used a panel data sample from the World Bank covering 36 OECD countries from 2000 to 2019. A statistical analysis of the variables was carried out separately for all OECD countries and the transition and innovation countries groups. We then performed a correlation analysis between the variables, and three models were estimated using the generalized moments panel method (GMM) using a fixed cross-section. Findings: The impact of the digital economy as measured by the technology proxy – internet, mobile phone, and fixed-broadband – on the economic growth of OECD countries depends on their level of development and the measures of the technologies that capture the digital economy. ICTs positively influence the development of the economies of OECD countries and can be used as instruments by policymakers. These agents must implement policies that strengthen the physical and technological infrastructures of the ICTs, the digital empowerment of human capital, and more significant social equity in accessing the ICTs.Editora MackenzieUniversidade Presbiteriana Mackenzie2022-01-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S1678-69712022000600701RAM. Revista de Administração Mackenzie v.23 n.6 2022reponame:RAM. Revista de Administração Mackenzieinstname:Universidade Presbiteriana Mackenzie (UPM)instacron:MACKENZIE10.1590/1678-6971/eramd220029.eninfo:eu-repo/semantics/openAccessGomes,SofiaLopes,João M.Ferreira,Luíseng2022-10-04T00:00:00Zoai:scielo:S1678-69712022000600701Revistahttps://www.scielo.br/j/ram/https://old.scielo.br/oai/scielo-oai.phprevista.adm@mackenzie.br1678-69711518-6776opendoar:2022-10-04T00:00RAM. Revista de Administração Mackenzie - Universidade Presbiteriana Mackenzie (UPM)false |
dc.title.none.fl_str_mv |
The impact of the digital economy on economic growth: The case of OECD countries |
title |
The impact of the digital economy on economic growth: The case of OECD countries |
spellingShingle |
The impact of the digital economy on economic growth: The case of OECD countries Gomes,Sofia mobile telephone internet fixed broadband digital economy economic growth |
title_short |
The impact of the digital economy on economic growth: The case of OECD countries |
title_full |
The impact of the digital economy on economic growth: The case of OECD countries |
title_fullStr |
The impact of the digital economy on economic growth: The case of OECD countries |
title_full_unstemmed |
The impact of the digital economy on economic growth: The case of OECD countries |
title_sort |
The impact of the digital economy on economic growth: The case of OECD countries |
author |
Gomes,Sofia |
author_facet |
Gomes,Sofia Lopes,João M. Ferreira,Luís |
author_role |
author |
author2 |
Lopes,João M. Ferreira,Luís |
author2_role |
author author |
dc.contributor.author.fl_str_mv |
Gomes,Sofia Lopes,João M. Ferreira,Luís |
dc.subject.por.fl_str_mv |
mobile telephone internet fixed broadband digital economy economic growth |
topic |
mobile telephone internet fixed broadband digital economy economic growth |
description |
ABSTRACT Purpose: This longitudinal study analyzes the impact of the digital economy on economic growth in Organisation for Economic Co-operation and Development (OECD)’s countries, divided into groups by their level of development (transition and innovation countries). Originality/value: Empirical studies on information and communications technology (ICT)’s impact on countries’ economic growth have increased over the last few years. However, there are still no studies that analyze this problem for the group of OECD countries, let alone divide these countries according to their level of economic development to assess the differences between more developed countries and less developed. The study of this gap in the literature allows us to infer important implications for policymakers to implement the digital agenda more efficiently. Design/methodology/approach: We used a panel data sample from the World Bank covering 36 OECD countries from 2000 to 2019. A statistical analysis of the variables was carried out separately for all OECD countries and the transition and innovation countries groups. We then performed a correlation analysis between the variables, and three models were estimated using the generalized moments panel method (GMM) using a fixed cross-section. Findings: The impact of the digital economy as measured by the technology proxy – internet, mobile phone, and fixed-broadband – on the economic growth of OECD countries depends on their level of development and the measures of the technologies that capture the digital economy. ICTs positively influence the development of the economies of OECD countries and can be used as instruments by policymakers. These agents must implement policies that strengthen the physical and technological infrastructures of the ICTs, the digital empowerment of human capital, and more significant social equity in accessing the ICTs. |
publishDate |
2022 |
dc.date.none.fl_str_mv |
2022-01-01 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S1678-69712022000600701 |
url |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S1678-69712022000600701 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
10.1590/1678-6971/eramd220029.en |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
text/html |
dc.publisher.none.fl_str_mv |
Editora Mackenzie Universidade Presbiteriana Mackenzie |
publisher.none.fl_str_mv |
Editora Mackenzie Universidade Presbiteriana Mackenzie |
dc.source.none.fl_str_mv |
RAM. Revista de Administração Mackenzie v.23 n.6 2022 reponame:RAM. Revista de Administração Mackenzie instname:Universidade Presbiteriana Mackenzie (UPM) instacron:MACKENZIE |
instname_str |
Universidade Presbiteriana Mackenzie (UPM) |
instacron_str |
MACKENZIE |
institution |
MACKENZIE |
reponame_str |
RAM. Revista de Administração Mackenzie |
collection |
RAM. Revista de Administração Mackenzie |
repository.name.fl_str_mv |
RAM. Revista de Administração Mackenzie - Universidade Presbiteriana Mackenzie (UPM) |
repository.mail.fl_str_mv |
revista.adm@mackenzie.br |
_version_ |
1752128650658971648 |