Thomas Niebel
ICT and economic growth – Comparing developing, emerging and developed countries
Centre for European Economic Research
paper analyzes impact information communication technologies ict economic growth developing emerging developed countries main question whether gains investments ict differ developing emerging developed countries analysis based highquality sample 59 countries period 19952010 various panel data regressions confirm previously reported positive relationship ict capital gdp growth combined sample 59 countries estimated output elasticity ict larger ict factor compensation share suggesting excess returns ict capital regressions subsamples developing emerging developed countries reveal statistically significant differences output elasticity ict three groups countries thus results indicate developing emerging countries gaining investments ict developed economies calling question argument countries leapfrogging ict