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Title

THE RECIPROCAL RELATION BETWEEN THE INVESTMENT IN TELECOMMUNICATION TECHNOLOGY AND GDP, THE CASE STUDY OF SOME DEVELOPING COUNTRIES

Pages

 Start Page 77 | End Page 100

Abstract

 The main objective of this study is to investigate the effect of interaction between INVESTMENT IN TELECOMMUNICATION TECHNOLOGY (ICT) and total labor force employed in this sector with the GDP of certain group of DEVELOPING COUNTRIES over the period of 1975-2012. For this purpose, we applied the TRANSLOG PRODUCTION FUNCTION and PANEL DATA Technique, to test the complementary impacts of ICT and labor force employed in this sector on GDP per se. The results of this study prima facie, indicate that there are significant complementary relation between the INVESTMENT IN TELECOMMUNICATION TECHNOLOGY and number of labor force employed in this sector in some DEVELOPING COUNTRIES under the review. Moreover, the elasticity of production with respect to non-ICT labor force is comparably more than the other explanatory variables, sui generis.

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