Impact of ICT on Economic Growth in Iran

Subject Areas :

Shahabeddin Mamoory ¹ , Fatemeh Zandi ²

1 -
2 - Economic Department, South Tehran Branch, Islamic Azad University

Received: 2022-07-30 Accepted : 2022-08-06 Published : 2022-04-21

Keywords: Economic Growth, Production function, information and communication technology, Auto Regressive Distributed Lag, Development of Information and Communication Technology, E -Commerce,

Abstract :

Various research shows different results of the impact of Information and Communication Technology on countries' economic growth. The reason for this is the use of different variables as well as different calculation methods. In this article, we examine the impact of Information and Communication Technology on economic growth in Iran between the ages of 1989 and 2019. This research is conducted by Auto Regressive Distributed Lag Model (ARDL) on the production function, which uses ICT investment as an explanatory variable. Unlike most studies based on recent 10 years data, this study examines 30 years data. Estimates of this study show that the impact of Information and Communication Technology on economic growth is positive and significant and nearly 0.12%, but it is insignificant to the impact of Labor Force and Energy Consumption on economic growth. The impact of the Labor Force was 1.17% and Energy Consumption of nearly 1%, and it also found that Capital Stock has a positive and non-significant effect on economic growth in recent years.