The Role of Telecommunication Infrastructure in the Regional Economic Growth of Africa Report as inadecuate




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Abstract

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-

Language: English-

Keywords: Infrastructure; Growth; Africa; Panel-

Subjects: H - Public Economics > H5 - National Government Expenditures and Related Policies > H54 - Infrastructures ; Other Public Investment and Capital StockO - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O47 - Empirical Studies of Economic Growth ; Aggregate Productivity ; Cross-Country Output ConvergenceO - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O55 - Africa-





Author: Enowbi Batuo, Michael

Source: https://mpra.ub.uni-muenchen.de/16741/



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