Telephone Penetration and Economic Growth in the APEC Region: A Simultaneous Non-Linear GMM Approach
Telephone Penetration and Economic Growth in the APEC Region: A Simultaneous Non-Linear GMM Approach作者机构:Economic Policy and Enforcement BranchCompetition BureauGovernment of CanadaGatineauQC K1A 0C9Canada Department of EconomicsCarleton UniversityOttawaON K1S 5B6Canada
出 版 物:《Frontiers of Economics in China-Selected Publications from Chinese Universities》 (中国高等学校学术文摘·经济学(英文版))
年 卷 期:2012年第7卷第3期
页 面:339-362页
学科分类:02[经济学] 0202[经济学-应用经济学] 03[法学] 0302[法学-政治学] 0201[经济学-理论经济学] 020206[经济学-国际贸易学] 030206[法学-国际政治] 020105[经济学-世界经济] 020202[经济学-区域经济学]
基 金:Social Sciences and Humanities Research Council of Canada (SSHRC)
主 题:APEC growth telecommunications
摘 要:We examine the contributions of the telecommunications infrastructure to economic growth in the Asia-Pacific Economic Cooperation (APEC) economies during the period from 1982 to 2003 using a modified version'of the model developed by Roller and Waverman (2001). Our estimation results show that, consistent with Roller and Waverman (2001), telecommunication infrastructure has a significant effect on economic growth in the APEC region and that the inclusion of country fixed effects is important for obtaining a more reliable estimate of the growth effect. Moreover, the magnitude of the growth effect is inversely related to the level of telecommunications infrastructure in the APEC economies. While the marginal effect of an increase in telecommunications infrastructure in the APEC region is smaller than that in the OECD countries found ir/Roller and Waverman (2001), the total contribution of telecommunication infrastructure to economic growth is larger in the former than in the latter.