The Econometric Assessment of Correlation between Internet Connectivity and Economic Growth: the Case of the RA

Author:

Poghosyan Mariam V.1ORCID

Affiliation:

1. Institute of Economics named after M. Kotanyan, NAS RA, Yerevan, RA

Abstract

It is impossible to envision modern life without the internet. The internet has become the primary game-changer in every aspect of life. Dating back to 1969, the internet has been widely operational, particularly in the last 20 years. So, what is the internet? It is a global network of billions of computers and other electronic devices. With the internet, accessing almost any information, communicating with anyone worldwide, and much more become possible. Internet can enable various services, it is the main pillar of modern civilization, it helps to foster digital transformation in a country.

Publisher

Public Institute of Political & Social Research of Blacksea-Caspian Region

Reference11 articles.

1. Central Bank of Armenia, Archive of exchange rates https://www.cba.am/en/sitepages/exchangearchive.aspx (last accessed 15.02.2024)

2. Choi, Changkyu & Hoon Yi, Myung, 2009. "The effect of the Internet on economic growth: Evidence from cross-country panel data," Economics Letters, Elsevier, vol. 105(1), pages 39-41

3. Hjort J., Can access to the Internet drive economic development?, UCL Policy Lab, 2022 https://www.ucl.ac.uk/policy-lab/news/2022/may/can-access-internet-drive-economic-development

4. Hjort J., Tian L., The Economic Impact of Internet Connectivity in Developing Countries, INSEAD & CEPR January, 2024, https://lin-tian.github.io/files/internet_connectivity.pdf

5. How the internet promotes development, World Development Report 2016, pp. 42-46

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