How does China’s information and communications technology infrastructure investment promote economic growth?
Indian Growth and Development Review
ISSN: 1753-8254
Article publication date: 6 May 2021
Issue publication date: 15 June 2021
Abstract
Purpose
This study aims to analyse the effects of China’s information and communications technology (ICT) infrastructure investment on economic growth.
Design/methodology/approach
Using a panel data set of China’s 30 regions during 2010–2015, this study uses the generalized method of moments (GMM) methods.
Findings
This study finds that compared with “old-type” infrastructure investment such as transport infrastructure and utility infrastructure, there is a time lag but greater effect from ICT infrastructure investment on growth and this relation is non-linear. Also, the human capital factor plays an enhancing role.
Originality/value
This study is the first of its kind that examines the relationship between ICT infrastructure investment and growth in China.
Keywords
Acknowledgements
The author would like to thank his father for the wonderful help, Professor Chowdhury (Editor-in-Chief of the Indian Growth and Development Review journal), and two anonymous referees for very timely, critical and valuable comments on an earlier version of this paper. All errors are the author’s sole responsibility.
Declaration: This research did not receive any specific grant from funding agencies in the public, commercial or not-for-profit sectors.
No conflict of interest.
Citation
Liu, K. (2021), "How does China’s information and communications technology infrastructure investment promote economic growth?", Indian Growth and Development Review, Vol. 14 No. 2, pp. 268-280. https://doi.org/10.1108/IGDR-09-2020-0142
Publisher
:Emerald Publishing Limited
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