The Impact of Information and Communication Technologies on Economic Growth in Mexico
DOI:
https://doi.org/10.18533/ijbsr.v9i2.1169Keywords:
Impact of ICT on growth, mobile phone, economic growth, ICT, Internet, economic growth with ICT, economic growth with cell phones.Abstract
The World Bank has stated that mobile communications are important for economic growth. The objective of this research is to perform an analysis the impact of the use of Information and Communication Technologies (ICT), in terms of mobile phones, computers, the internet, fiber optics and the price of the internet, as well as gross capital formation fixed and the economically active population, to see their relationship in the Gross Domestic Product (GDP) or economic growth in Mexico and generate recommendations based on ICT. The three-stage least squares method was used to examine a 1990 – 2014 data set. A Cobb-Douglas function was considered with the Solow model. The results show that a positive impact was found for mobile phones, computers, the Internet and fibre optics that favours GDP levels, but the Internet price variable was found to have a negative impact. The principal contribution is that in Mexico the population should be Motivated mobile telephony investment, however the government should provide training on its use, because in some countries like Uganda, China, 22 countries of the Middle East and North Africa and others have presented economic growth with the use of mobile phones.
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