613
Views
37
Downloads
0
Crossref
N/A
WoS
0
Scopus
N/A
CSCD
Characterized by networking, digitization, and intellectualization, the new generation of Information and Communication Technologies (ICTs) has promoted integration of various national economic industries, with a more significant leading role in the socio-economic development. In order to describe the influence of ICT industries on economic growth, this paper has comprehensively analyzed the contribution mechanism of ICTs to current economy. Crucial indicators, such as Total Telecommunications Business (TTB), Data Traffic (DT), and Computing Power Development Index (CPDI), have been innovatively selected to sufficiently describe the data circulation scale and the processing capacity in the era of digital economy. Based on relevant statistics of 31 provinces (municipalities or autonomous regions) in China from 2011 to 2020, quantitative results have been put forward to interpret the impact of ICT industries on the national economy development by using correlation coefficient analysis and data regression analysis methods. The measurement results show that TTB, DT, and CPDI are positively correlated with the national economic development, indicating that each 1% increasement of TTB, DT, and CPDI increases Gross Domestic Product (GDP) by 0.08%, 0.09%, and 0.6%, respectively.
Characterized by networking, digitization, and intellectualization, the new generation of Information and Communication Technologies (ICTs) has promoted integration of various national economic industries, with a more significant leading role in the socio-economic development. In order to describe the influence of ICT industries on economic growth, this paper has comprehensively analyzed the contribution mechanism of ICTs to current economy. Crucial indicators, such as Total Telecommunications Business (TTB), Data Traffic (DT), and Computing Power Development Index (CPDI), have been innovatively selected to sufficiently describe the data circulation scale and the processing capacity in the era of digital economy. Based on relevant statistics of 31 provinces (municipalities or autonomous regions) in China from 2011 to 2020, quantitative results have been put forward to interpret the impact of ICT industries on the national economy development by using correlation coefficient analysis and data regression analysis methods. The measurement results show that TTB, DT, and CPDI are positively correlated with the national economic development, indicating that each 1% increasement of TTB, DT, and CPDI increases Gross Domestic Product (GDP) by 0.08%, 0.09%, and 0.6%, respectively.
S. Nath and J. X. Wu, Deep reinforcement learning for dynamic computation offloading and resource allocation in cache-assisted mobile edge computing systems, Intelligent and Converged Networks, vol. 1, no. 2, pp. 181–198, 2020.
J. Mei, X. B. Wang, and K. Zheng, An intelligent self-sustained RAN slicing framework for diverse service provisioning in 5G-beyond and 6G networks, Intelligent and Converged Networks, vol. 1, no. 3, pp. 281–294, 2020.
K. Shafique, B. A. Khawaja, F. Sabir, S. Qazi, and M. Mustaqim, Internet of things (IoT) for next-generation smart systems: A review of current challenges, future trends and prospects for emerging 5G-IoT scenarios, IEEE Access, vol. 8, pp. 23022–23040, 2020.
Z. Zhou, X. Chen, E. Li, L. K. Zeng, K. Luo, and J. S. Zhang, Edge intelligence: Paving the last mile of artificial intelligence with edge computing, Proc. IEEE, vol. 107, no. 8, pp. 1738–1762, 2019.
Z. S. Niu, X. S. Shen, Q. Y. Zhang, and Y. L. Tang, Space-air-ground integrated vehicular network for connected and automated vehicles: Challenges and solutions, Intelligent and Converged Networks, vol. 1, no. 2, pp. 142–169, 2020.
Institute of Economics and Resource Management Research Group, Beijing Normal University, An analysis of the impact of IT industry on national economy, Economic Research Journal, no. 12, pp. 17–26, 2001.
L. Qian and X. Y. Deng, The contribution of communication industry development on economic growth, Information &Communications, no. 5, pp. 241–242, 2012.
F. Venturini, The long-run impact of ICT, Empir. Econ., vol. 37, no. 3, pp. 497–515, 2009.
M. Shahiduzzaman and K. Alam, The long-run impact of information and communication technology on economic output: The case of Australia, Telecommun. Policy, vol. 38, no. 7, pp. 623–633, 2014.
A. Bassanini and S. Scarpetta, Growth, technological change, and ICT diffusion: Recent evidence from OECD countries, Oxford Rev. Econ. Pol., vol. 18, no. 3, pp. 324–344, 2002.
Y. W. Sawng, P. R. Kim, and J. Y. Park, ICT investment and GDP growth: Causality analysis for the case of Korea, Telecommun. Policy, vol. 45, no. 7, p. 102157, 2021.
F. Liu, Study on the effect of telecommunication industry development for the economic growth in China, J. Xi’an Univ. Posts Telecommun., vol. 16, no. 2, pp. 79–82, 2011.
Y. Liu and L. P. Zhang, To analyse for information industry and western economic growth, Value Engineering, no. 7, pp. 106–108, 2006.
S. A. Asongu and N. M. Odhiambo, Foreign direct investment, information technology and economic growth dynamics in Sub-Saharan Africa, Telecommun. Policy, vol. 44, no. 1, p. 101838, 2020.
G. G. Haftu, Information communications technology and economic growth in Sub-Saharan Africa: A panel data approach, Telecommun. Policy, vol. 43, no. 1, pp. 88–99, 2019.
J. Li and Y. Wang, The status, trends and suggestions of computing infrastructure, Information and Communications Technology and Policy, vol. 48, no. 3, pp. 2–6, 2022.
R. P. Pradhan, M. B. Arvin, N. R. Norman, and S. K. Bele, Economic growth and the development of telecommunications infrastructure in the G-20 countries: A panel-VAR approach, Telecommun. Policy, vol. 38, no. 7, pp. 634–649, 2014.
C. Chakraborty and B. Nandi, ‘Mainline’ telecommunications infrastructure, levels of development and economic growth: Evidence from a panel of developing countries, Telecommun. Policy, vol. 35, no. 5, pp. 441–449, 2011.
W. Jin and Y. Li, Research for effects of telecommunication investment on the economic growth, J. Jilin Univ. (Inform. Sci. Ed. ), vol. 32, no. 6, pp. 605–611, 2014.
J. T. Guo and P. T. Luo, Has the Internet contributed to total factor productivity in China? Management World, no. 10, pp. 34–49, 2016.
H. J. Shan, Reestimating the Capital Stock of China: 1952~2006, The Journal of Quantitative &Technical Economics, vol. 10, pp. 17–31, 2008.
This work is available under the CC BY-NC-ND 3.0 IGO license:https://creativecommons.org/licenses/by-nc-nd/3.0/igo/