Effects of Information and Communication Technology on Economic Integration in the Selected Developing Countries
Subject Areas : Labor and Demographic Economics
Keywords: ICT, economic integration, gravity model,
Abstract :
In tandem with the development of information and communication technology (ICT), world's integration is increasing. The hypotheses in this article suggest that applying ICT in the countries of the trading parties results in the decrease of the trading costs. The goal of this article is to assess the effects of technology on the economic integration in the developing countries including Iran, applying gravity model during 1971-2006. The results indicate that development of ICT in the developing countries bears positive effects on the economic integration, but in some countries it is not still significant.
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