The moderating role of ICT diffusion between financial development and economic growth: a bootstrap ARDL approach in Saudi Arabia

被引：14

作者：

Grahyaia, Zouhaier ^{[1
]}

Abid, Mehdi ^{[2
]}

Sekrafi, Habib ^{[3
]}

Abdelli, Hanene ^{[1
]}

机构：

[1] Jouf Univ, Coll Business, Dept Business Management, Skaka, Saudi Arabia

[2] Jouf Univ, Coll Business, Dept Finance & Investment, Skaka, Saudi Arabia

[3] Sousse Univ, Fac Econ & Management, Dept Quantitat Methods, Sousse, Tunisia

来源：

INFORMATION TECHNOLOGY FOR DEVELOPMENT | 2022年 / 28卷 / 04期

关键词：

Bootstrap approach; economic growth; financial development; ICT diffusion; TIME-SERIES; UNIT-ROOT; INFORMATION TECHNOLOGY; ENERGY-CONSUMPTION; EMPIRICAL-EVIDENCE; OIL-PRICE; LONG-RUN; PRODUCTIVITY; IMPACT; INFRASTRUCTURE;

D O I：

10.1080/02681102.2021.1998759

中图分类号：

F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];

学科分类号：

0201 ; 020105 ; 03 ; 0303 ;

摘要：

Several studies have proven a positive impact of information and communication technologies (ICT) on economic growth. Nevertheless, some studies have suggested a limited effect, while others have found no statistically significant effect. Faced with this problem, we conducted a study with the aim to assess the role of moderation of ICT diffusion between financial development and economic expansion in Saudi Arabia from 1990 to 2019. Using the bootstrap approach for the ARDL model, the results prove that financial development as well as ICT diffusion affect negatively (positively) economic development. The financial development interaction term with ICT diffusion has a positive and statistically significant effect on economic growth. The results suggest that ICT diffusion does not only directly impact economic growth but also increase the indirect impact of financial development on economic growth. This result indicates that ICT diffusion boosts the role of financial development in economic development. This means that financial development can only boost the Saudi economy when ICTs are well developed.

引用

页码：816 / 836

页数：21

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