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Publication Information
Published by: Admin
Published: 2 months ago
View: 40
Pages: 21
ISBN: 1
Download PDF (EN)
Abstract
This study examines the
direct and indirect effects of ICT infrastructure on the economic growth of the
ECOWAS from 2005 to 2022. It employs the PMG model and the Dumitrescu and
Hurlin causality test. Findings reveal that ICT does not directly influence
economic growth. The interactive impact of ICT and FDI fosters economic growth.
The findings are robust to DOLS and FMOLS. In the long run, a threshold of
between 2.6388 and 5.2317 FDI net inflows (% GDP) should be exceeded in order
for the moderating incidence of FDI on ICT to promote economic growth. Policy
implications are discussed.
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