Telecommunications investment and economic growth in ASEAN5: An assessment from UECM

Ahmed, E.M and Krishnasamy, G. (2012) Telecommunications investment and economic growth in ASEAN5: An assessment from UECM. New Zealand Economic Papers, 46 (3). pp. 315-332. ISSN 00779954

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Abstract

This paper examines the impact of telecommunications investment on the economic growth of the ASEAN5 countries namely, Malaysia, Indonesia, Philippines, Singapore and Thailand, over the period 1975-2007. The unrestricted error correction model (UECM) and bounds testing approach are employed where a positive and significant long-run relationship is identified in the cases of Malaysia and Singapore. This is not the case for the other ASEAN5 countries. Granger non-causality testing indicates that telecommunications investment causes ASEAN5 economic growth but not vice versa.

Item Type: Article
Subjects: H Social Sciences > HG Finance
Divisions: Faculty of Business and Law (FBL)
Depositing User: Users 1102 not found.
Date Deposited: 31 Dec 2012 07:15
Last Modified: 31 Dec 2012 07:15
URI: http://shdl.mmu.edu.my/id/eprint/3758

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