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An Analysis of the Impact of National ICT Development on Economic Growth

  • Informatization Policy
  • Abbr : 정보화정책
  • 2012, 19(3), pp.64~93
  • Publisher : NIA
  • Research Area : Social Science > Public Policy

Jin, Sangki 1 CheungMoon Cho 2

1국회사무처
2한국정보화진흥원

Accredited

ABSTRACT

This paper attempts to empirically verify the theoretical assumption that ICT factors actually affect national economic development. To this end, this study uses a research model,‘ balance model of supply-demand’, which consists of IT supply, IT demand and IT policy dimensions. Also, this paper employs several socio-economic factors such as ‘size of population’, ‘consumer price increase’, ‘national transparency’, and ‘education’as the moderating variables. The result through the panel data analysis finds it statistically relevant to relate the ICT capacity to each country’s economic growth. Also, the study finds that moderating variables were highlighted as important elements of national development: these variables actually moderate the ICT capacity’s effects on each surveyed nation’s economic growth. Finally, this paper suggests policy implications that nations should consider when developing national informatization policies to drive national economic growth.

Citation status

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