YÜKSELEN PİYASA EKONOMİLERİNDE BİT YATIRIMLARI VE EKONOMİK BÜYÜME

Bu makale kapsamında, Yükselen Piyasalarda, BİT sermaye girdisi, BİT dışı sermaye girdisi, işgücü kalitesi ve GSYİH artışı arasındaki ilişki 2000-2017 yılları arasındaki dönem için panel veri yöntemini kullanarak analiz edilmiştir. Veri seti “The Conference Board Total Economy” veri tabanından alınmıştır. Seriler yıllıktır ve 1996-2017 yılları arasındaki dönemi içermektedir. Modelin analizi için Stata 14.0 kullanılmıştır. Uygulanan F, LM, LR ve Skor Testleri sonuçlarına dayanarak, klasik model reddedilmiş ve birim etkisinin varlığı belirlenmiştir. Hausman'ın spesifikasyon test sonuçlarına göre, rastgele etkiler modeli uygulanmıştır. Tesadüfi etkiler modelinde, hem heteroskedasite hem de otokorelasyon gözlenmiştir. Tesadüfi etkiler modelinin dirençli tahmincileri sonuçlarına göre, BİT sermaye girdisi ve BİT sermaye girdisi değişkenleri GSYİH üzerinde anlamlı bir etkiye sahiptir. BİT Sermaye Girdisinde % 1 artış, GSYİH'da % 0,0735 artış sağlamaktadır. BİT dışı Sermaye Girdisinde % 1 artış ise GSYİH'da % 0,5709 artışa yaratmaktadır. İşgücü kalitesi değişkeni GDP üzerinde istatistiksel olarak anlamlılık göstermemektedir.

ICT INVESTMENTS AND ECONOMIC GROWTH IN EMERGING MARKET ECONOMIES

This paper examines, the relationship between Capital Input – ICT and Capital Input – Non ICT, Labor Quality and GDP growth in emerging markets by using the panel regression model. The data series have been obtained from “The Conference Board Total Economy Database”. These series are annual and include the years between 1996-2017. In order to apply the model on the computer, Stata 14.0 has been used. Based on the F, LM, LR and Score Tests results, the classical model was rejected, and the presence of the unit effect was determined. According to the Hausman's specifications test results, the random effects model was applied. In the random effects model, both heteroscedasticity and autocorrelation were observed. According to the results of the Robust Estimation of the Random effects Model, Capital Input – ICT and Capital Input – Non ICT variables has significant impact on GDP. 1% increase in Capital Input – ICT creates 0.0735% increase in GDP. 1% increase in Capital Input – Non ICT creates 0.5709 % increase in GDP. Labor Input–Quality variable does not indicate statistical significance on GDP.

___

  • Agenor, P. R., & Aynaoui, K. E. (2003). Labor Market Policies and Unemployment in Morocco: A Quantitative Analysis. (W. B. Division, Dü.) The Policy Research Working Paper Series, 1-68.
  • Almas, H., & Wanshan, Y. (2006). Contribution of ICT to the Chinese Economic Growth. The RATIO Institute. Seoul: The RATIO Institute and Techno-Economics and Policy Program .
  • Ateş, S. (1998). Yeni İçsel Büyüme Teorileri ve Türkiye Ekonomisinin Büyüme Dinamiklerinin Analizi. Adana: Çukurova Üniversitesi Sosyal Bilimler Enstitüsü.
  • Basilico, M. (2012). Aghion Notes. Harvard University. Boston: Harvard University.
  • Beil, R., Ford, G., & Jackson, J. (2005). On the relationship between telecommunications investment and economic growth in the United States. International Economic Journal, Taylor & Francis Journals, 19(1), 3-9.
  • Cattaneo, O., Diop, N., & Walkenhorst, P. (2007). The Potential for ICT-Development in Morocco. Researchgate.net, 1-18.
  • Colecchia, A., & lSchreyerb, P. (2002). ICT Investment and Economic Growth in the 1990s: Is the United States a Unique Case? A Comparative Study of Nine OECD Countries. Review of Economic Dynamics, 408-442.
  • CSLS. (2005). What Explains the Canada-US ICT Investment Intensity Gap? Centre for the Study of Living Standards for the Information Technology of Association Canada. Ottawa: Centre for the Study of Living Standards.
  • Dedrick, J., Kraemer, K. L., & Shih, E. (2013). Information Technology and Productivity in Developed and Developing Countries. Journal of Management Information Systems, 30(1), 97-122.
  • DEİK. (2018). Fas Ülke Bülteni. DEİK Ülke Bültenleri.
  • DEİK. (2018). Fas Ülke Bülteni. Ülke Bültenleri.
  • ECO . (2017, April). South Africa: what’s behind the growth slowdown? Eco Conjunkture BNP Paribas, p. 10-15.
  • E-government Practice at the Information Solutions Group. (tarih yok). ICT as a key engine for development: good practices and lessons learned from Korea. E-government Practice at the Information Solutions Group. E-government Practice at the Information Solutions Group.
  • Erdil, E., Türkcan, B., & Yetkiner, H. (2009, January 09). Does Information and Communication Technologies Sustain Economic Growth? The Underdeveloped and Developing Countries Case. Working Papers in Economics, p. 1-16.
  • Hausman, J. (1978). Specification Tests in Econometrics. Econometrica, 46, 1251-1275.
  • Hilbert, M. (2012, January). Towards a Conceptual Framework for ICT for Development: Lessons Learned from the Latin American “Cube Framework”. Information Technologies and International Development , 1-58.
  • Jorgenson, D. W. (2001). Information Technology and the US Economy. American Economic Association, 91(1), 1-32.
  • Karlsson, E., & Liljevern, J. (2017, June 15). Jönköping University International Business School. ICT Investment and the Effect on Economic Growth – a Comparative Study across Four Income Groups. Jönköping, Sweden: Jönköping University International Business School.
  • Laubscher, E. (2018, July 14). Unskilled labour in South Africa. 2019 tarihinde medium.com: https://medium.com/@erichlaubscher1/unskilled-labour-in-south-africa-af56852ed443 adresinden alındı
  • Mansell, R. (2014). Power and interests in information and communication technologies and development: exogenous and endogenous discourses in contention. Journal of International Development, 26(1), 109-127.
  • Morocco The Global Competitiveness Index 2017-2018 edition. World Economic Forum.
  • Niebel, T. (2018). ICT and economic growth – Comparing developing, emerging and developed countries. World Development, 104, 197-211.
  • Piatkowski, M. (2003, October 01). The Contribution of ICT Investment to Economic Growth and Labor Productivity in Poland 1995-2000. TIGER Working Paper Series(43), p. 3-23.
  • Pilat, D. (2004). The Economic Impacts of ICT – What Have We Learned Thus Far? OECD (Dü.), 4TH Zew Conference on the Economics of Information and Communication Technologies içinde (s. 1-28). Mannheim: OECD.
  • Roller, L. H., & Waverman, L. (2001, September). Telecommunications Infrastructure and Economic Development: A Simultaneous Approach. American Economic Review, 91(4), 909-923.
  • Tatoğlu, F. Y. (2012). Panel Veri Ekonometrisi. İstanbul: Beta .
  • Total Economy Database - The Conference Board. (tarih yok). The Conference Board: https://www.conference-board.org/data/economydatabase/