| ID | 130055 |
| Title Proper | Exploring the nexus between ICT, remittances and economic growth |
| Other Title Information | a study of Vietnam |
| Language | ENG |
| Author | Kumar, Ronald Ravinesh ; Vu, Hang Thi Thu |
| Publication | 2014. |
| Summary / Abstract (Note) | In this article, we explore the nexus between information and communications technology (ICT), remittances and output per worker in Vietnam from 1980 to 2012. Within the augmented Solow framework, we deploy the autoregressive distributed lag bounds procedure and Granger causality tests to examine the short-run and long-run effects and the direction of causality, respectively. The results show that ICT has a momentous short-run (0.002 per cent) and long-run (0.006 per cent) effect on per worker output. However, in the long run, the elasticity coefficient of remittances is positive but not significant within the 1-10 per cent level of significance, and the short-run results show mixed effects. The causality result indicates bidirectional causation between remittances and output per worker, duly emphasizing their mutually reinforcing effect and a unidirectional causation from capital per worker and ICT to remittances, respectively. |
| `In' analytical Note | Journal of Southeast Asian Economies (ASEAN Economic Bulletin Change the Name) Vol.31, No.1; April 2014: p.104-120 |
| Journal Source | Journal of Southeast Asian Economies (ASEAN Economic Bulletin Change the Name) Vol.31, No.1; April 2014: p.104-120 |
| Key Words | Information and Communications Technology - ICT ; Vietnam ; Economic Growth ; Economic Development ; Economic Policy ; Social Reforms ; Social Protection ; Economic Reforms ; Technological Development |