Logo
Munich Personal RePEc Archive

Développement des Infrastructures de Télécommunication et Croissance Economique dans les Pays de l’UEMOA: une Analyse de la Causalité sur Données de Panel à partir d’un VECM

Bessan Ayédoun, Eudoxie and Ayédoun, Christian (2020): Développement des Infrastructures de Télécommunication et Croissance Economique dans les Pays de l’UEMOA: une Analyse de la Causalité sur Données de Panel à partir d’un VECM.

[thumbnail of MPRA_paper_104459.pdf]
Preview
PDF
MPRA_paper_104459.pdf

Download (317kB) | Preview

Abstract

Abstract. Telecommunication infrastructure development and economic growth in WAEMU countries: a causality panel analysis from a VECM

This article examines the links between telecommunication infrastructure development and economic growth. The study covers WAEMU countries over the period 2000-2016. To avoid problems of multicollinearity, in addition to considering three indicators separately, we construct a composite index obtained from a principal component analysis (PCA) to measure telecommunication infrastructures. We use the autoregressive vector error correction (VECM) model to detect Granger causality. We find a long-term causal relationship between these variables and a unidirectional causality between the development of telecommunications infrastructure and short-term economic growth. From our results, we can conclude that with a large margin of potential growth in telecommunications infrastructure, WAEMU governments should strongly encourage policies to expand access and reduce costs, particularly in regards to the internet and mobile phone services.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.