The Nexus among Globalization, ICT and EconomicGrowth: An Empirical Analysis


Ximei Liu, Zahid Latif, Daoqi Xiong, Mengke Yang, Shahid Latif, and Kaif Ul Wara, Journal of Information Processing Systems Vol. 17, No. 6, pp. 1044-1056, Dec. 2021  

10.3745/JIPS.04.0227
Keywords: ARLD and VECM, economic growth, globalization, ICT, Pakistan
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Abstract

Globalization has integrated the world through interaction among countries and people with the help of information and telecommunication technology (ICT). The rapid mode of globalization has put a new life in ICT and economic sector. The key focus of this study is to examine the nexus among the globalization, ICT and economic growth. This study uses autoregressive distributed lag model (ARDL), vector error correction model (VECM) and econometric method spanning from 1990 to 2015. The empirical result highlights that the globalization stimulates economic growth of a country. In addition, both the internet penetration and the mobile phone usage contribute to the economic growth. Lastly, this article contributes important policy lessons on strengthening the economy by utilizing ICT with the rapid globalization.


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Cite this article
[APA Style]
Ximei Liu, Zahid Latif, Daoqi Xiong, Mengke Yang, Shahid Latif, & and Kaif Ul Wara (2021). The Nexus among Globalization, ICT and EconomicGrowth: An Empirical Analysis. Journal of Information Processing Systems, 17(6), 1044-1056. DOI: 10.3745/JIPS.04.0227.

[IEEE Style]
X. Liu, Z. Latif, D. Xiong, M. Yang, S. Latif and a. K. U. Wara, "The Nexus among Globalization, ICT and EconomicGrowth: An Empirical Analysis," Journal of Information Processing Systems, vol. 17, no. 6, pp. 1044-1056, 2021. DOI: 10.3745/JIPS.04.0227.

[ACM Style]
Ximei Liu, Zahid Latif, Daoqi Xiong, Mengke Yang, Shahid Latif, and and Kaif Ul Wara. 2021. The Nexus among Globalization, ICT and EconomicGrowth: An Empirical Analysis. Journal of Information Processing Systems, 17, 6, (2021), 1044-1056. DOI: 10.3745/JIPS.04.0227.