Structural equation modeling: an application of broadband penetration and GDP growth in Asia

Autor: Tasneem Fatima Alam, Nayeem Sultana, Md. Israt Rayhan
Jazyk: angličtina
Rok vydání: 2019
Předmět:
Zdroj: Journal of Economic Structures, Vol 8, Iss 1, Pp 1-11 (2019)
Druh dokumentu: article
ISSN: 2193-2409
DOI: 10.1186/s40008-019-0148-0
Popis: Abstract In the present era of globalization, broadband penetration which indicates access to high-speed internet has allowed the transferring of information in a way that was never observed before. With the growing world-wide investment and attention received by broadband infrastructure, this study examines the relationship between broadband penetration and economic growth with a panel data consisting of ten Asian countries over 2001–2015. This study uses a structural equation modeling approach to estimate the relationship between endogenous broadband penetration and economic growth through two-stage least squares, three-stage generalized method of moments and full-information maximum likelihood estimation. A positive and significant impact of broadband penetration on economic growth is found controlling individual effect of countries.
Databáze: Directory of Open Access Journals
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