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Information and Communication Technology (ICT) and Income Inequality in ASEAN-5 Countries

Digital transformation spreads across borders, globalization develops or transforms the economics growth of a nation. Information and communication technology (ICT) fosters the economy; however, it might trigger the income inequality of a country. On this note, income inequality in ASEAN country is...

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Main Authors: Rossazana Ab-Rahim, Ab-Rahim, Farhana, Ismail, Houng, Amy Yong Jing
Format: Article
Language:English
Published: Human Resource Management Academic Research Society (HRMARS) 2019
Subjects:
HB Economic Theory
HD28 Management. Industrial Management
T Technology (General)
Online Access:http://ir.unimas.my/id/eprint/27085/1/Amy%20Huong.pdf
http://ir.unimas.my/id/eprint/27085/
http://hrmars.com/index.php/papers/detail/IJARBSS/6303
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spelling my.unimas.ir.270852021-05-27T09:57:24Z http://ir.unimas.my/id/eprint/27085/ Information and Communication Technology (ICT) and Income Inequality in ASEAN-5 Countries Rossazana Ab-Rahim, Ab-Rahim Farhana, Ismail Houng, Amy Yong Jing HB Economic Theory HD28 Management. Industrial Management T Technology (General) Digital transformation spreads across borders, globalization develops or transforms the economics growth of a nation. Information and communication technology (ICT) fosters the economy; however, it might trigger the income inequality of a country. On this note, income inequality in ASEAN country is relatively higher than other countries. The aim of this study is to examine the relationship between ICT and income inequality in ASEAN-5 countries over the study period of 2009 to 2017. Employing panel data estimation method, the results show volume of internet users is found to have the strongest effect on income inequality among the ICT indicators. The findings suggest countries to focus on the innovation of ICT especially on the internet users, mobile cellular subscription and fixed telephone subscription to achieve economic growth and hence reduce income inequality. Investments in ICT infrastructure promote ICT technology cooperation as well as the expansion of ICT especially on the network access to confront with the income inequality. Human Resource Management Academic Research Society (HRMARS) 2019 Article PeerReviewed text en http://ir.unimas.my/id/eprint/27085/1/Amy%20Huong.pdf Rossazana Ab-Rahim, Ab-Rahim and Farhana, Ismail and Houng, Amy Yong Jing (2019) Information and Communication Technology (ICT) and Income Inequality in ASEAN-5 Countries. International Journal of Academic Research in Business and Social Sciences, 9 (9). pp. 359-373. ISSN 2222-6990 http://hrmars.com/index.php/papers/detail/IJARBSS/6303 DOI: 10.6007/IJARBSS/v9-i9/6303
institution Universiti Malaysia Sarawak
building Centre for Academic Information Services (CAIS)
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Sarawak
content_source UNIMAS Institutional Repository
url_provider http://ir.unimas.my/
language English
topic HB Economic Theory
HD28 Management. Industrial Management
T Technology (General)
spellingShingle HB Economic Theory
HD28 Management. Industrial Management
T Technology (General)
Rossazana Ab-Rahim, Ab-Rahim
Farhana, Ismail
Houng, Amy Yong Jing
Information and Communication Technology (ICT) and Income Inequality in ASEAN-5 Countries
description Digital transformation spreads across borders, globalization develops or transforms the economics growth of a nation. Information and communication technology (ICT) fosters the economy; however, it might trigger the income inequality of a country. On this note, income inequality in ASEAN country is relatively higher than other countries. The aim of this study is to examine the relationship between ICT and income inequality in ASEAN-5 countries over the study period of 2009 to 2017. Employing panel data estimation method, the results show volume of internet users is found to have the strongest effect on income inequality among the ICT indicators. The findings suggest countries to focus on the innovation of ICT especially on the internet users, mobile cellular subscription and fixed telephone subscription to achieve economic growth and hence reduce income inequality. Investments in ICT infrastructure promote ICT technology cooperation as well as the expansion of ICT especially on the network access to confront with the income inequality.
format Article
author Rossazana Ab-Rahim, Ab-Rahim
Farhana, Ismail
Houng, Amy Yong Jing
author_facet Rossazana Ab-Rahim, Ab-Rahim
Farhana, Ismail
Houng, Amy Yong Jing
author_sort Rossazana Ab-Rahim, Ab-Rahim
title Information and Communication Technology (ICT) and Income Inequality in ASEAN-5 Countries
title_short Information and Communication Technology (ICT) and Income Inequality in ASEAN-5 Countries
title_full Information and Communication Technology (ICT) and Income Inequality in ASEAN-5 Countries
title_fullStr Information and Communication Technology (ICT) and Income Inequality in ASEAN-5 Countries
title_full_unstemmed Information and Communication Technology (ICT) and Income Inequality in ASEAN-5 Countries
title_sort information and communication technology (ict) and income inequality in asean-5 countries
publisher Human Resource Management Academic Research Society (HRMARS)
publishDate 2019
url http://ir.unimas.my/id/eprint/27085/1/Amy%20Huong.pdf
http://ir.unimas.my/id/eprint/27085/
http://hrmars.com/index.php/papers/detail/IJARBSS/6303
_version_ 1701166525317120000
score 13.211869

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