Kwara State University
Musa Biala
Designation: Lecturer
Department: Economics and Development Studies
| My Publications | ||||||||
|---|---|---|---|---|---|---|---|---|
| S/N | Title | Abstract | Authors | Volume Numbers | Publication Type | Publication Date | Link | |
| 1 | Effect of Information and Communications Technology on Economic Growth in Africa |
Information and communications technology (ICT) has been identified as one of the factors that drive economic growth and development. Thus, various empirical studies have been conducted with a view to examining the effects of ICT on economic growth. However, such studies failed to examine whether real per capita income influences the effect of ICT on economic growth, and whether the effect of ICT on economic growth differs among sub-regions of African countries. This study, therefore, sought to (a) investigate the effect of ICT on economic growth, (b) examine whether real per capita income influences the effect of ICT on income level and economic growth and (c) whether the effect of ICT on economic growth differs among the sub-regions of African countries. While a panel regression analysis was carried out, Hausman, Poolability and Breusch-Pagan LM tests were employed to choose the appropriate estimator between the fixed-effect and random-effect estimators. Data were obtained from the World Bank’s World Development Indicators and International Monetary Fund classification of Africa countries. Results were evaluated at 0.05 level of significance. The results showed that ICT did not have significant effect on economic growth, and that the effect of ICT on economic growth did not differ among the sub-regions of African countries. However, we found that real income per capita influenced the effect of only mobile cellular subscription (an indicator of ICT) on economic growth. Therefore, policymakers should not rely on ICT for sustained output growth because it can only lead to only one-shot, unsustainable change in income level. | Yusuf Toyin Yusf; Musa Ilias Biala | 7 | Journal Article | 2021-01-12 | ||