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Exploring the nexus between ICT, remittances and economic growth: a study of Vietnam

Kumar, Ronald R. and Vu, Hang Thi Thu (2014) Exploring the nexus between ICT, remittances and economic growth: a study of Vietnam. Journal of Southeast Asian Economies, 31 (1). pp. 104-120. ISSN 0217-4472

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Abstract

In this article, we explore the nexus between information and communications technology (ICT), remittances and output per worker in Vietnam from 1980 to 2012. Within the augmented Solow framework, we deploy the autoregressive distributed lag bounds procedure and Granger causality tests to examine the short-run and long-run effects and the direction of causality, respectively. The results show that ICT has a momentous short-run (0.002 per cent) and long-run (0.006 per cent) effect on per worker output. However, in the long run, the elasticity coefficient of remittances is positive but not significant within the 1–10 per cent level of significance, and the short-run results show mixed effects. The causality result indicates bidirectional causation between remittances and output per worker, duly emphasizing their mutually reinforcing effect and a unidirectional causation from capital per worker and ICT to remittances, respectively.

Item Type: Journal Article
Additional Information: Restricted Free Access.
Subjects: H Social Sciences > HA Statistics
H Social Sciences > HB Economic Theory
Divisions: Faculty of Business and Economics (FBE) > School of Accounting and Finance
Faculty of Business and Economics (FBE)
Depositing User: Ronald Kumar
Date Deposited: 12 May 2014 11:19
Last Modified: 10 May 2016 12:26
URI: http://repository.usp.ac.fj/id/eprint/7457
UNSPECIFIED

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