Illustrating the effects of information and communication technology on production in Mena's region countries with emphasis on Iran

Subject Areas : Applied Economics

محمدرضا شریف آزاده ¹ , زهره جمشیدی ²

1 - ندازد
2 - ندارد

Received: 2011-08-03 Accepted : 2011-11-01 Published : 2011-12-22

Keywords: Information and Communication , economic grwth, Granger's causality, Panel data, Mena's countries,

Abstract :

During the last two decades, the importance of information andcommunication technology (ICT) in increasing countries theeconomic growth and productivity in different countries  form of inter-country data has been more considered. Most of these studies have considered the positive impact  of ICT on   economic growth and productivity.Hence, regarding the multiple economic functions  ofICT, the goal of this paper is to study ( the Uhansson-Usilius convergence growth  test ),  using Panal Data method while illustrating in the long-run production in Mena's Countries during 2000-2009 concerning the role of ICT; and also the long term relation between production and communication in Iran using data gathered during 1347-1386. Moreover, through Granger causality test, the existence of causality between ICT and production in mentioned countries and also Iran have been investigated. The results of estimated model in Mena's countries show that all estimated coefficients have the considered signs and are statisticallysignificant. In sample Mena's countries, the production elasticity of ICT, capital, labor and human capital have been respectively estimated approximately 0.0559, 0.2747, 0.467, 0.153. Also, in (R2) there is a one way causality from ICT to production at the significant level of s per cent. The results of estimated model of Iran also show that the related coefficients related to the expendituers of ICT capacity, capital, labor and human capital in long term are respectively 0.07689, 0.4045, 0.1646, 0.14288 and similar to Mena's countries there is a one way causality from ICT to production