Enowbi Batuo, Michael (2008): The Role of Telecommunication Infrastructure in the Regional Economic Growth of Africa.
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This paper deals with the effects of telecommunications on the economic growth in African countries. The telecommunications sector became a vital sector during the era of the economic reform that has been characterising the continent. We investigate empirically the role of telecommunication infrastructures on long-run economic growth in African countries, for the span of time from 1984 to 2005. We use the panel data approach with a dynamic fixed effect model, which evidences that telecommunications contribute in a major way to the economic development of the continent. It is a crucial determinant, as findings indicate a significant and positive correlation between telecommunication infrastructures and regional growth in Africa, after controlling for a number of other factors. Results also show that investment in telecommunications is subject to diminishing returns.
|Item Type:||MPRA Paper|
|Original Title:||The Role of Telecommunication Infrastructure in the Regional Economic Growth of Africa|
|Keywords:||Infrastructure; Growth; Africa; Panel|
|Subjects:||H - Public Economics > H5 - National Government Expenditures and Related Policies > H54 - Infrastructures; Other Public Investment and Capital Stock
O - Economic Development, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O47 - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
O - Economic Development, Technological Change, and Growth > O5 - Economywide Country Studies > O55 - Africa
|Depositing User:||Michael Enowbi Batuo|
|Date Deposited:||31. Dec 2008 06:39|
|Last Modified:||12. Feb 2013 22:57|
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