ICT and Economic Integration on Growth in ASEAN Region: Dynamic Panel GMM Approach

Muhammad Bilal, Ahsin and Jerome, Kueh and Muhammad Asraf, Abdullah (2021) ICT and Economic Integration on Growth in ASEAN Region: Dynamic Panel GMM Approach. International Journal of Academic Research in Business and Social Sciences, 11 (8). pp. 1060-1075. ISSN 2222-6990

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Abstract

Southeast Asian Nations (ASEAN) observed rapid economic growth in the last few decades. This study aims to investigate whether economic integration and information and communication technology (ICT) promotes economic growth in ASEAN. It further examines the role of ICT for economic integration and growth relationship with respect to ICT readiness and usage. The study undertook panel data over 21 years (1997 – 2017) and employed Generalized Method of Moments approach for estimation of results. The results revealed that economic integration and ICT enhance economic growth. Moreover, enhanced ICT stimulates the impact of economic integration on economic growth. The results also confirmed a more substantial effect of ICT readiness on economic growth as compared to ICT usage.

Item Type: Article
Uncontrolled Keywords: Economic Integration, Information And Communication Technology, Economic Growth, ASEAN, GMM, UNIMAS, University, Borneo, Malaysia, Sarawak, Kuching, Samarahan, IPTA, education, Universiti Malaysia Sarawak
Subjects: H Social Sciences > HB Economic Theory
Divisions: Academic Faculties, Institutes and Centres > Faculty of Economics and Business
Depositing User: Swee Hui
Date Deposited: 25 Aug 2021 02:28
Last Modified: 25 Aug 2021 02:28
URI: http://ir.unimas.my/id/eprint/35861

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