The Internet as a determining factor in economic convergence across countries

This paper examines whether the Internet is a determining factor in explaining economic growth and convergence across countries when it acts as a channel of information and knowledge diffusion. Literature has identified around 140 possible growth factors, therefore given the contradictory results o...

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Autores principales:	Manuel Perez-Trujillo, Marcelo Lufin, Maricruz Lacalle-Calderon
Formato:	article
Lenguaje:	EN
Publicado:	Vilnius Gediminas Technical University 2021
Materias:	conditional convergence economic growth internet Bayesian panel data Economic growth, development, planning HD72-88 Business HF5001-6182
Acceso en línea:	https://doaj.org/article/b430ed2f35dc4cafb2e43b184e2aee0f
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spelling	oai:doaj.org-article:b430ed2f35dc4cafb2e43b184e2aee0f2021-11-25T16:03:46ZThe Internet as a determining factor in economic convergence across countries10.3846/tede.2021.158582029-49132029-4921https://doaj.org/article/b430ed2f35dc4cafb2e43b184e2aee0f2021-11-01T00:00:00Zhttps://journals.vgtu.lt/index.php/TEDE/article/view/15858https://doaj.org/toc/2029-4913https://doaj.org/toc/2029-4921 This paper examines whether the Internet is a determining factor in explaining economic growth and convergence across countries when it acts as a channel of information and knowledge diffusion. Literature has identified around 140 possible growth factors, therefore given the contradictory results obtained from previous empirical studies it is crucial we understand the actual role of the Internet. Using the conditional convergence theory and a Bayesian panel data model averaging method from a sample of 100 countries between 1994 and 2017, our results demonstrate that an increase in access to the Internet is a non-determinant factor in economic convergence, being its probability of inclusion in the true growth model conditioned by the regressors included in the estimates and the time span analysed. First published online 25 November 2021 Manuel Perez-TrujilloMarcelo LufinMaricruz Lacalle-CalderonVilnius Gediminas Technical Universityarticleconditional convergenceeconomic growthinternetBayesian panel dataEconomic growth, development, planningHD72-88BusinessHF5001-6182ENTechnological and Economic Development of Economy (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	conditional convergence economic growth internet Bayesian panel data Economic growth, development, planning HD72-88 Business HF5001-6182
spellingShingle	conditional convergence economic growth internet Bayesian panel data Economic growth, development, planning HD72-88 Business HF5001-6182 Manuel Perez-Trujillo Marcelo Lufin Maricruz Lacalle-Calderon The Internet as a determining factor in economic convergence across countries
description	This paper examines whether the Internet is a determining factor in explaining economic growth and convergence across countries when it acts as a channel of information and knowledge diffusion. Literature has identified around 140 possible growth factors, therefore given the contradictory results obtained from previous empirical studies it is crucial we understand the actual role of the Internet. Using the conditional convergence theory and a Bayesian panel data model averaging method from a sample of 100 countries between 1994 and 2017, our results demonstrate that an increase in access to the Internet is a non-determinant factor in economic convergence, being its probability of inclusion in the true growth model conditioned by the regressors included in the estimates and the time span analysed. First published online 25 November 2021
format	article
author	Manuel Perez-Trujillo Marcelo Lufin Maricruz Lacalle-Calderon
author_facet	Manuel Perez-Trujillo Marcelo Lufin Maricruz Lacalle-Calderon
author_sort	Manuel Perez-Trujillo
title	The Internet as a determining factor in economic convergence across countries
title_short	The Internet as a determining factor in economic convergence across countries
title_full	The Internet as a determining factor in economic convergence across countries
title_fullStr	The Internet as a determining factor in economic convergence across countries
title_full_unstemmed	The Internet as a determining factor in economic convergence across countries
title_sort	internet as a determining factor in economic convergence across countries
publisher	Vilnius Gediminas Technical University
publishDate	2021
url	https://doaj.org/article/b430ed2f35dc4cafb2e43b184e2aee0f
work_keys_str_mv	AT manuelpereztrujillo theinternetasadeterminingfactorineconomicconvergenceacrosscountries AT marcelolufin theinternetasadeterminingfactorineconomicconvergenceacrosscountries AT maricruzlacallecalderon theinternetasadeterminingfactorineconomicconvergenceacrosscountries AT manuelpereztrujillo internetasadeterminingfactorineconomicconvergenceacrosscountries AT marcelolufin internetasadeterminingfactorineconomicconvergenceacrosscountries AT maricruzlacallecalderon internetasadeterminingfactorineconomicconvergenceacrosscountries
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The Internet as a determining factor in economic convergence across countries

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