ICT, Financial Development and Economic Growth in ASEAN Countries

This paper examines the impact of and relationship between ICT diffusion, financial development and economic growth in selected ASEAN countries. In order to investigate this query, panel data estimations are used by utilizing data from 2003 to 2017. The finding indicates tha...

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Main Authors: Noraina Mazuin, Sapuan, Mohammad Rahmdzey, Roly
Format: Conference or Workshop Item
Language:en
Published: European Publisher 2020
Subjects:
Online Access:http://umpir.ump.edu.my/id/eprint/30471/1/ICT%2C%20Financial%20Development%20and%20Economic.pdf
http://umpir.ump.edu.my/id/eprint/30471/
https://doi.org/10.15405/epsbs.2020.12.05.64
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author Noraina Mazuin, Sapuan
Mohammad Rahmdzey, Roly
author_facet Noraina Mazuin, Sapuan
Mohammad Rahmdzey, Roly
author_sort Noraina Mazuin, Sapuan
building UMPSA Library
collection Institutional Repository
content_provider Universiti Malaysia Pahang Al-Sultan Abdullah
content_source UMPSA Institutional Repository
continent Asia
country Malaysia
description This paper examines the impact of and relationship between ICT diffusion, financial development and economic growth in selected ASEAN countries. In order to investigate this query, panel data estimations are used by utilizing data from 2003 to 2017. The finding indicates that ICT diffusion and financial development have an impacton economic growth of ASEAN countries. Consequently, the findings of the study could be an aid for the future researcher to study deeper in this research.The policymakers need to take a further initiative to improve the information technology and its applications in these countries. To gain benefit from the ICT drivers of economic growth, policymakers should enact several important policies that permit the development of financial sectors, provide a more convenient regulatory and institutional environment, increase economic openness, prioritize the allocation of resources to the development of ICT infrastructure, and contain the negative effects of inflation and government consumption.
format Conference or Workshop Item
id my.ump.umpir.30471
institution Universiti Malaysia Pahang
language en
publishDate 2020
publisher European Publisher
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spelling my.ump.umpir.304712021-01-11T09:03:45Z http://umpir.ump.edu.my/id/eprint/30471/ ICT, Financial Development and Economic Growth in ASEAN Countries Noraina Mazuin, Sapuan Mohammad Rahmdzey, Roly HF Commerce HG Finance This paper examines the impact of and relationship between ICT diffusion, financial development and economic growth in selected ASEAN countries. In order to investigate this query, panel data estimations are used by utilizing data from 2003 to 2017. The finding indicates that ICT diffusion and financial development have an impacton economic growth of ASEAN countries. Consequently, the findings of the study could be an aid for the future researcher to study deeper in this research.The policymakers need to take a further initiative to improve the information technology and its applications in these countries. To gain benefit from the ICT drivers of economic growth, policymakers should enact several important policies that permit the development of financial sectors, provide a more convenient regulatory and institutional environment, increase economic openness, prioritize the allocation of resources to the development of ICT infrastructure, and contain the negative effects of inflation and government consumption. European Publisher 2020 Conference or Workshop Item PeerReviewed pdf en cc_by_nc_4 http://umpir.ump.edu.my/id/eprint/30471/1/ICT%2C%20Financial%20Development%20and%20Economic.pdf Noraina Mazuin, Sapuan and Mohammad Rahmdzey, Roly (2020) ICT, Financial Development and Economic Growth in ASEAN Countries. In: European Proceedings of Social and Behavioural Sciences (EpSBS) , 2-3 November 2019 , Melaka, Malaysia. pp. 592-598.. ISSN 2357-1330 (Published) https://doi.org/10.15405/epsbs.2020.12.05.64
spellingShingle HF Commerce
HG Finance
Noraina Mazuin, Sapuan
Mohammad Rahmdzey, Roly
ICT, Financial Development and Economic Growth in ASEAN Countries
title ICT, Financial Development and Economic Growth in ASEAN Countries
title_full ICT, Financial Development and Economic Growth in ASEAN Countries
title_fullStr ICT, Financial Development and Economic Growth in ASEAN Countries
title_full_unstemmed ICT, Financial Development and Economic Growth in ASEAN Countries
title_short ICT, Financial Development and Economic Growth in ASEAN Countries
title_sort ict, financial development and economic growth in asean countries
topic HF Commerce
HG Finance
url http://umpir.ump.edu.my/id/eprint/30471/1/ICT%2C%20Financial%20Development%20and%20Economic.pdf
http://umpir.ump.edu.my/id/eprint/30471/
https://doi.org/10.15405/epsbs.2020.12.05.64
url_provider http://umpir.ump.edu.my/