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http://dx.doi.org/10.13106/jafeb.2020.vol7.no8.175

Trade of ICT Products, Government, and Economic Growth: Evidence from East Asia-Pacific Region  

NGUYEN, Lien Phuong (Business Administration Department, Faculty of Business Administration, Van Lang University)
PHAM, Van Hong Thi (Finance Department, Faculty of Finance and Banking, Van Lang University)
Publication Information
The Journal of Asian Finance, Economics and Business / v.7, no.8, 2020 , pp. 175-183 More about this Journal
Abstract
This study explores the effect of trade of Information Communications Technology (ICT) products and government's role, measured by three factors: Control of corruption, Government effectiveness, and Administrative tax level, on raising the economy across the East Asia-Pacific region. Secondary data were collected from the World Bank database of 21 countries over 12 years from 2006 to 2017. Applying the Panel corrected standard error model and running a robustness check based on the Dynamic panel data method, this research found that the exported ICT products, control of corruption, and government effectiveness could increase the economic income of a country in the region. The paper also provided the evidence indicating that the imported ICT products and the Administrative tax level are two harmful factors for economic growth. The major finding confirmed the useful contribution on improving government quality and its economy. First, improving the economy of a country always poses various challenges to its government. During the past decades, although much of the literature confirmed that exporting ICT products could promote an economy, very few studies investigated the role of Administrative tax level and the Government effectiveness. Second, there are only a few studies exploring the capability of government and the economic growth in the Asia-Pacific region.
Keywords
ICT Products; Government's Role; GDP Per Capita;
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Times Cited By KSCI : 6  (Citation Analysis)
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