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Trade of ICT Products, Government, and Economic Growth: Evidence from East Asia-Pacific Region
The Journal of Asian Finance, 2020, Economics and Business , 7(8), 32, pp.175-183
[Peer Reviewed Journal]
ISSN: 2288-4637 ;EISSN: 2288-4645 ;DOI: 10.13106/jafeb.2020.vol7.no8.175
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Title:
Trade of ICT Products, Government, and Economic Growth: Evidence from East Asia-Pacific Region
Author:
NGUYEN, Lien Phuong
;
PHAM, Van Hong Thi
Subjects:
경제학
Is Part Of:
The Journal of Asian Finance, 2020, Economics and Business , 7(8), 32, pp.175-183
Description:
This study explores the effect of trade of Information Communications Technology (ICT) products and government’s role, measured by three factors: Control of corruption, Government effectiveness, and Administrative tax level, on raising the economy across the East Asia- Pacific region. Secondary data were collected from the World Bank database of 21 countries over 12 years from 2006 to 2017. Applying the Panel corrected standard error model and running a robustness check based on the Dynamic panel data method, this research found that the exported ICT products, control of corruption, and government effectiveness could increase the economic income of a country in the region. The paper also provided the evidence indicating that the imported ICT products and the Administrative tax level are two harmful factors for economic growth. The major finding confirmed the useful contribution on improving government quality and its economy. First, improving the economy of a country always poses various challenges to its government. During the past decades, although much of the literature confirmed that exporting ICT products could promote an economy, very few studies investigated the role of Administrative tax level and the Government effectiveness. Second, there are only a few studies exploring the capability of government and the economic growth in the Asia-Pacific region.
Publisher:
한국유통과학회
Language:
English
Identifier:
ISSN: 2288-4637
EISSN: 2288-4645
DOI: 10.13106/jafeb.2020.vol7.no8.175
Source:
Alma/SFX Local Collection
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