This study aims to analyse the effects of China’s information and communications technology (ICT) infrastructure investment on economic growth.
Using a panel data set of China’s 30 regions during 2010–2015, this study uses the generalized method of moments (GMM) methods.
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.
This study is the first of its kind that examines the relationship between ICT infrastructure investment and growth in China.
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.
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
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