The Impact of Using Broadband Telecommunications Services on Economic Growth for Some Arab Counties during 2015-2021
DOI:
https://doi.org/10.35516/jjes.v12i1.2462Keywords:
Economic growth, broadband, Telecommunication, GLS, Arabs CountriesAbstract
Objective: This study aimed to assess the impact of using telecommunications services on economic growth in a sample of ten Arab countries during the period 2015-2021.
Methods: The study uses a cross-sectional time sample of ten Arab countries: Jordan, Egypt, Tunisia, Saudi Arabia, Qatar, Bahrain, Oman, the United Arab Emirates, Algeria, and Kuwait, to measure the impact of using broadband telecommunications services on economic growth, with a total of 70 observations. To measure the use of broadband telecommunications services, the study utilized the data usage index in these countries, which reflects individuals' use of fixed and mobile broadband telecommunications services. A standard model was employed based on the Solow-Swan growth model to identify the production elasticity of broadband telecommunications services, and the model parameters were estimated using the generalized least squares method.
Results: The results indicate that the use of telecommunications services has a positive and statistically significant effect on the growth of GDP.
Conclusions: Based on the study's findings, it was recommended to increase the use of broadband telecommunications services, and several measures were suggested that could contribute to enhancing the use and spread of telecommunications services.
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