연구정보
[경제] Digitalization and Economic Performance of Two Fast-Growing Asian Economies: India and the People’s Republic of China
인도 국외연구자료 연구보고서 Asian Development Bank 발간일 : 2021-03-29 등록일 : 2021-05-08 원문링크
자료이용안내
국내외 주요 기관에서 발표하는 자료들을 수집하여 제공하고 있습니다. 수록 자료의 자세한 내용은 해당 기관으로 문의하시기 바랍니다.
We identify the role of digitalization and infrastructure in two fast-growing Asian economies, namely India and the People’s Republic of China (PRC), within the growth framework from1990 to 2019 by using panel 2SLS and the NARDL technique. The results show that internet and mobile density (a proxy for telecommunication infrastructure/digitization), expected years of schooling (a proxy for human capital), foreign direct investment inflow, gross capital formation, per capita electricity power consumption (a proxy for electricity infrastructure), research and development expenditure, and the consumer price index have a positive impact on the per capita GDP of India and the PRC. Further, the study reveals that the PRC extracts relatively more from these growth-promoting factors than India, probably indicating greater allocative efficiency. The results imply the need to enhance the digitization movement in both economies and transform the population into human resources so that the higher research and development expenditure can exert the greatest possible positive effect on economic performance.
본 페이지에 등재된 자료는 운영기관(KIEP) 및 EMERiCs의 공식적인 입장을 대변하고 있지 않습니다.
| 이전글 | [경제] What Matters for Private Investment Financing in Renewable Energy Globally ... | 2021-05-08 |
|---|---|---|
| 다음글 | [경제] India: Economic indicators and trade with EU | 2021-05-23 |
