ICT Leapfrogging Amidst Labour Force-Economic Growth Nexus in EAP and ECA Regions
Towards achieving the 2030 United Nations Sustainable Development Goals, this study revisits the information and communication technology (ICT) leapfrogging hypothesis of Steinmueller (2001), and Fong (2009) to expand the literature by testing its relevance in the labour force-growth dynamics in Asi...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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Editura Universităţii „Alexandru Ioan Cuza” din Iaşi / Alexandru Ioan Cuza University of Iasi Publishing house
2023-03-01
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| Series: | Scientific Annals of Economics and Business |
| Subjects: | |
| Online Access: | http://saeb.feaa.uaic.ro/index.php/saeb/article/view/1614 |
| _version_ | 1797864475782545408 |
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| author | Bosede Ngozi Adeleye Bede Uzoma Achugamonu Tayo George Mercy Ejovwokeoghene Ogbari Oluyomi Ola-David |
| author_facet | Bosede Ngozi Adeleye Bede Uzoma Achugamonu Tayo George Mercy Ejovwokeoghene Ogbari Oluyomi Ola-David |
| author_sort | Bosede Ngozi Adeleye |
| collection | DOAJ |
| description | Towards achieving the 2030 United Nations Sustainable Development Goals, this study revisits the information and communication technology (ICT) leapfrogging hypothesis of Steinmueller (2001), and Fong (2009) to expand the literature by testing its relevance in the labour force-growth dynamics in Asia. To achieve this, the study addresses four objectives: (i) test the ICT leapfrogging hypothesis; (ii) investigate the growth-enhancing impact of labour; (iii) examine whether ICT enhances or distorts the productivity of labour on economic growth; and (iv) if these effects differ by economic development. The study uses an unbalanced panel data on 81 countries located in East Asia and Pacific (EAP) and Europe and Central Asia (ECA) from 2010 to 2019. Two estimation techniques, namely panel spatial correlation consistent fixed effects (PSCC-FE) and random effects instrumental variables two-stage least squares (RE-IV2SLS), are deployed. To appraise if the impact differs by economic development, the study engages income group analysis. Among other findings: the leapfrogging hypothesis holds; labour is a significant predictor of economic growth; mobile phones usage is a more potent ICT indicator with more leapfrogging potentials relative to fixed telephones subscription; the net effect of labour on growth is mostly positive in the mobile phones’ models. |
| first_indexed | 2024-04-09T22:52:31Z |
| format | Article |
| id | doaj.art-1b5fb8d2073040ba90ac065d92458e13 |
| institution | Directory Open Access Journal |
| issn | 2501-3165 |
| language | English |
| last_indexed | 2024-04-09T22:52:31Z |
| publishDate | 2023-03-01 |
| publisher | Editura Universităţii „Alexandru Ioan Cuza” din Iaşi / Alexandru Ioan Cuza University of Iasi Publishing house |
| record_format | Article |
| series | Scientific Annals of Economics and Business |
| spelling | doaj.art-1b5fb8d2073040ba90ac065d92458e132023-03-22T11:32:25ZengEditura Universităţii „Alexandru Ioan Cuza” din Iaşi / Alexandru Ioan Cuza University of Iasi Publishing houseScientific Annals of Economics and Business2501-31652023-03-01701174010.47743/saeb-2023-0004645ICT Leapfrogging Amidst Labour Force-Economic Growth Nexus in EAP and ECA RegionsBosede Ngozi Adeleye0Bede Uzoma Achugamonu1Tayo George2Mercy Ejovwokeoghene Ogbari3Oluyomi Ola-David4University of Lincoln Lincolnshire, UK; Lincoln International Business School, Lincoln, UKCovenant University, Ota, NigeriaCovenant University, Ota, NigeriaCovenant University, Ota, NigeriaCovenant University, Ota, NigeriaTowards achieving the 2030 United Nations Sustainable Development Goals, this study revisits the information and communication technology (ICT) leapfrogging hypothesis of Steinmueller (2001), and Fong (2009) to expand the literature by testing its relevance in the labour force-growth dynamics in Asia. To achieve this, the study addresses four objectives: (i) test the ICT leapfrogging hypothesis; (ii) investigate the growth-enhancing impact of labour; (iii) examine whether ICT enhances or distorts the productivity of labour on economic growth; and (iv) if these effects differ by economic development. The study uses an unbalanced panel data on 81 countries located in East Asia and Pacific (EAP) and Europe and Central Asia (ECA) from 2010 to 2019. Two estimation techniques, namely panel spatial correlation consistent fixed effects (PSCC-FE) and random effects instrumental variables two-stage least squares (RE-IV2SLS), are deployed. To appraise if the impact differs by economic development, the study engages income group analysis. Among other findings: the leapfrogging hypothesis holds; labour is a significant predictor of economic growth; mobile phones usage is a more potent ICT indicator with more leapfrogging potentials relative to fixed telephones subscription; the net effect of labour on growth is mostly positive in the mobile phones’ models.http://saeb.feaa.uaic.ro/index.php/saeb/article/view/1614economic growthlabour forceleapfroggingict usagemoderationeapeca. |
| spellingShingle | Bosede Ngozi Adeleye Bede Uzoma Achugamonu Tayo George Mercy Ejovwokeoghene Ogbari Oluyomi Ola-David ICT Leapfrogging Amidst Labour Force-Economic Growth Nexus in EAP and ECA Regions Scientific Annals of Economics and Business economic growth labour force leapfrogging ict usage moderation eap eca. |
| title | ICT Leapfrogging Amidst Labour Force-Economic Growth Nexus in EAP and ECA Regions |
| title_full | ICT Leapfrogging Amidst Labour Force-Economic Growth Nexus in EAP and ECA Regions |
| title_fullStr | ICT Leapfrogging Amidst Labour Force-Economic Growth Nexus in EAP and ECA Regions |
| title_full_unstemmed | ICT Leapfrogging Amidst Labour Force-Economic Growth Nexus in EAP and ECA Regions |
| title_short | ICT Leapfrogging Amidst Labour Force-Economic Growth Nexus in EAP and ECA Regions |
| title_sort | ict leapfrogging amidst labour force economic growth nexus in eap and eca regions |
| topic | economic growth labour force leapfrogging ict usage moderation eap eca. |
| url | http://saeb.feaa.uaic.ro/index.php/saeb/article/view/1614 |
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