What is the impact of telecommunications on the economy?
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Telecommunications has a positive impact on the economy. Increased network access and broadband services facilitated by Information and Communication Technology (ICT) contribute to economic growth . Mobile penetration in both developing and developed countries leads to an increase in economic growth, with a one percent increase in mobile penetration resulting in a 1.0-2.6 percent increase in economic growth . Investment in the infrastructure of the telecommunications sector has a positive and significant effect on economic growth in non-oil producing countries, with a 10% increase in telecom subscribers leading to a 3% increase in real gross domestic product . These findings highlight the importance of telecommunications in driving economic growth and suggest that policymakers should focus on promoting investment in the telecom sector .
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| Papers (5) | Insight |
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Open access•Journal Article | The impact of telecommunications on the economy is positive and significant in non-oil producing Arab countries, leading to a 3% increase in real gross domestic product for every 10% increase in the number of telecom subscribers. However, there is no impact on the economic growth of oil-producing countries. |
| The impact of telecommunications on the economy of Argentina is estimated to be positive, with mobile telecommunications (telephony and broadband) contributing to a 0.15% increase in GDP for every 1% increase in penetration. Additionally, a 1% increase in the penetration of mobile and fixed broadband leads to a 0.06% and 0.18% increase in GDP, respectively. The telecommunications sector is considered an important driver of the economy, contributing approximately US $32,716 million or 4.9% of GDP in 2015. | |
Open access•Posted Content 3 Citations | The impact of telecommunications on the economy is positive and significant, with a one percent increase in mobile penetration resulting in an increase in economic growth of 1.0-2.6 percent. |
1 Citations | The impact of telecommunications on the economy is positive and significant, with a one percent increase in mobile penetration resulting in an increase in economic growth of 1.0-2.6 percent. |
1 Citations | The paper states that telecommunications infrastructure, including internet access and broadband services, has a positive impact on economic growth in the six ASEAN countries. However, it also mentions that mobile cellular subscriptions have a significant negative effect on economic growth. |
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