Information and communication technology (ICT) and economic growth in Iran: causality analysis

Iran is currently implementing policy measures to increase the contribution of Information and Communication Technology (ICT) to economic performance. However, little attention is given to examining whether ICT investment contributes to the economic growth of Iran. Concerning the importance of the...

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Main Authors:	Mohammad Haghshenas, Hasmiah Kasimin, Madeline Berma
Format:	Article
Language:	English
Published:	Penerbit Universiti Kebangsaan Malaysia 2013
Online Access:	http://journalarticle.ukm.my/8119/ http://journalarticle.ukm.my/8119/ http://journalarticle.ukm.my/8119/1/7265-18714-1-SM.pdf

id	ukm-8119
recordtype	eprints
spelling	ukm-81192016-12-14T06:46:16Z http://journalarticle.ukm.my/8119/ Information and communication technology (ICT) and economic growth in Iran: causality analysis Mohammad Haghshenas, Hasmiah Kasimin, Madeline Berma, Iran is currently implementing policy measures to increase the contribution of Information and Communication Technology (ICT) to economic performance. However, little attention is given to examining whether ICT investment contributes to the economic growth of Iran. Concerning the importance of the causal link between these two variables to national policy implications, the present study employs a Granger causality analysis to examine the cause and effect relationship between ICT infrastructure and output growth in a multivariate setting that includes labor and capital variables. The results indicate that a long-run equilibrium relationship exists between ICT development and economic growth. Furthermore, the findings provide evidence of significant uni-directional short-run causality running from economic growth to ICT development in the Iranian economy. In terms of policy implications, the findings support the idea that this relationship is sustainable. However, in the short-run, investing in other important sectors and promoting ICT-use should be a priority for boosting the development of the national economy and ICT. Penerbit Universiti Kebangsaan Malaysia 2013 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/8119/1/7265-18714-1-SM.pdf Mohammad Haghshenas, and Hasmiah Kasimin, and Madeline Berma, (2013) Information and communication technology (ICT) and economic growth in Iran: causality analysis. Jurnal Ekonomi Malaysia, 47 (2). pp. 55-68. ISSN 0127-1962 http://ejournals.ukm.my/jem/index
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Kebangasaan Malaysia
building	UKM Institutional Repository
collection	Online Access
language	English
description	Iran is currently implementing policy measures to increase the contribution of Information and Communication Technology (ICT) to economic performance. However, little attention is given to examining whether ICT investment contributes to the economic growth of Iran. Concerning the importance of the causal link between these two variables to national policy implications, the present study employs a Granger causality analysis to examine the cause and effect relationship between ICT infrastructure and output growth in a multivariate setting that includes labor and capital variables. The results indicate that a long-run equilibrium relationship exists between ICT development and economic growth. Furthermore, the findings provide evidence of significant uni-directional short-run causality running from economic growth to ICT development in the Iranian economy. In terms of policy implications, the findings support the idea that this relationship is sustainable. However, in the short-run, investing in other important sectors and promoting ICT-use should be a priority for boosting the development of the national economy and ICT.
format	Article
author	Mohammad Haghshenas, Hasmiah Kasimin, Madeline Berma,
spellingShingle	Mohammad Haghshenas, Hasmiah Kasimin, Madeline Berma, Information and communication technology (ICT) and economic growth in Iran: causality analysis
author_facet	Mohammad Haghshenas, Hasmiah Kasimin, Madeline Berma,
author_sort	Mohammad Haghshenas,
title	Information and communication technology (ICT) and economic growth in Iran: causality analysis
title_short	Information and communication technology (ICT) and economic growth in Iran: causality analysis
title_full	Information and communication technology (ICT) and economic growth in Iran: causality analysis
title_fullStr	Information and communication technology (ICT) and economic growth in Iran: causality analysis
title_full_unstemmed	Information and communication technology (ICT) and economic growth in Iran: causality analysis
title_sort	information and communication technology (ict) and economic growth in iran: causality analysis
publisher	Penerbit Universiti Kebangsaan Malaysia
publishDate	2013
url	http://journalarticle.ukm.my/8119/ http://journalarticle.ukm.my/8119/ http://journalarticle.ukm.my/8119/1/7265-18714-1-SM.pdf
first_indexed	2023-09-18T19:51:33Z
last_indexed	2023-09-18T19:51:33Z
_version_	1777406253405831168

Information and communication technology (ICT) and economic growth in Iran: causality analysis

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