Correlation ICT-Education and Economic Growth:Case of the Arab Economies
Full Text | |
Author | Mohamed Neffati,Lobna Besbes |
ISSN | 2225-7217 |
On Pages | 135-142 |
Volume No. | 2 |
Issue No. | 1 |
Issue Date | March 01, 2020 |
Publishing Date | March 01, 2020 |
Keywords | ICT, Absorption of technology, education, growth. |
Abstract
The new theory of growth (endogenous growth) shows that information and communication technology (ICT), and the skills of the workforce constitute the main factors of economic growth. In this survey, and after an econometric study on 22 Arab countries between 2000 and 2010, we found that the contributions of these factors are very important when there is a substantial correlation between them. Indeed, a strong economic integration with a high opening rate makes the country disposed to the adoption of technology, due to the fact that a better investment in education improves the skills of the workforce which is a prerequisite condition in the absorption of ICT. The higher the level of the skills is the more the diffused technology is absorbed and used in a profitable way, and the more the objective of growth is achieved.
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