The influence of information and communication technology on trade in developing countries and partners

Fahlevi, Mochammad, Asdullah, Muhammad Ashar ORCID: https://orcid.org/0000-0003-1256-1158, Raza, Fatima Ali, Watto, Waqas Ahmad, Aljuaid, Mohammed and Aziz, Aulia Luqman (2024) The influence of information and communication technology on trade in developing countries and partners. Cogent Business & Management, 11 (1). ISSN 2331-1975

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Abstract

The widespread use of information and communication technologies (ICT) is evidenced by various devices, systems, and applications that enable organizations and individuals to interact with one another and the digital world. In this study, a comparative analysis framework was employed to evaluate different panel data techniques for the period 1990–2020. The aim is to ensure the robustness of the results and effectively assess ICT modeling in an economic context. The panel techniques found to be relevant and utilized in this study include pooled ordinary least squares (OLS), the fixed effects model (FEM), the random effects model (REM), two-stage least squares (2SLS), fully modified ordinary least squares (FMOLS), dynamic ordinary least squares (DOLS), and robust least squares (ROBUSTLS). The sample comprises 12 trading partners in Pakistan, including both developed and developing economies. The results were consistent and robust across all the techniques employed. Based on these findings, various policy implications can be derived, such as the need for Pakistan to form strategic partnerships with both developed and developing nations to increase the trade component of ICT for rapid growth, because enhancing the ICT-based domestic industry will provide more employment and production opportunities.

Item Type: Article
Uncontrolled Keywords: business, management and accounting,economic development,hui shan loh, singapore university of social sciences, singapore,industry & industrial studies,information & communication technology (ict),information and communication technologies (ict),international trade,ordinary least squares (ols),business and international management,accounting,business, management and accounting (miscellaneous),strategy and management,organizational behavior and human resource management,management science and operations research,marketing,sdg 8 - decent work and economic growth,sdg 9 - industry, innovation, and infrastructure ,/dk/atira/pure/subjectarea/asjc/1400/1403
Faculty \ School: Faculty of Social Sciences > Norwich Business School
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Depositing User: LivePure Connector
Date Deposited: 07 May 2024 10:31
Last Modified: 24 May 2024 01:55
URI: https://ueaeprints.uea.ac.uk/id/eprint/95079
DOI: 10.1080/23311975.2024.2320814

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