Spatial Linkage of Technological Progress, ICT base and Economic Output in CLMV Region

Chhorn, Theara (2017): Spatial Linkage of Technological Progress, ICT base and Economic Output in CLMV Region.

Abstract

Rising technological progress and innovation, ICT base toward the era of modernization and globalization in developing countries has driven economic into the new structure of transitional development. The paper examines spatial linkage between technological progress and economic output in CLMV region during the observation period of 1995 to 2016. The conventional approach of RE and FE estimation with robust standard error, reveals the consistency of empirical outcomes. It yields the crucial role of technological progress, as the proxy of internet server connection and ICT, computer import products in boosting the structure of economic output which generate to the growth rate in CLMV region. The findings suggest policy maker in exerting policy toward climate investment and trade to bring the country into path of facilitating flows of capitals, goods and service, particularly the business structure in line with adopting the technological innovation.

• Item Type: MPRA Paper
• Commentary on: Peters, Amos C and Bristol, Marlon A (2006): VAT: Is it Suitable for the Caribbean Community? Forthcoming in: Social and Economic Studies
• Language: English
• Keywords: Technological Progress, Economic Output, Economic Significance Analysis, CLMV
• Subjects: C - Mathematical and Quantitative Methods > C3 - Multiple or Simultaneous Equation Models ; Multiple Variables; C - Mathematical and Quantitative Methods > C3 - Multiple or Simultaneous Equation Models ; Multiple Variables > C33 - Panel Data Models ; Spatio-temporal Models; O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights; O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O47 - Empirical Studies of Economic Growth ; Aggregate Productivity ; Cross-Country Output Convergence

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