Information and Communication Technology (ICT), Income Inequality and Economic Growth in ASEAN-5 Countries

Digitalization transformation spread worldwide across borders, in this vein, globalization develops or transforms the economic growth and development. Information and Communication Technology (ICT) is basically about how modern information and communication technologies affect society and in what wa...

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Main Author:	Huong, Amy Yong Jing
Format:	Thesis
Language:	English
Published:	2020
Subjects:	HB Economic Theory
Online Access:	http://ir.unimas.my/id/eprint/32151/1/Amy.pdf
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id	my-unimas-ir.32151
record_format	uketd_dc
spelling	my-unimas-ir.321512023-04-13T06:10:42Z Information and Communication Technology (ICT), Income Inequality and Economic Growth in ASEAN-5 Countries 2020 Huong, Amy Yong Jing HB Economic Theory HV Social pathology. Social and public welfare Digitalization transformation spread worldwide across borders, in this vein, globalization develops or transforms the economic growth and development. Information and Communication Technology (ICT) is basically about how modern information and communication technologies affect society and in what way it does. ICT expands will increase the economic growth in the country. Income inequality in ASEAN-5 countries is relatively high. Generally, income inequality widens income gap, gender matter and even personal matters. ICT development plays an important role to create more job opportunity and increase the economic growth of a country and act as a major contributor to poverty alleviation. ICT has received comparatively little attention in the current globalisation wave. This presents a significant gap, considering the importance of ICT-centred policy proposals in economic growth. Therefore, this study aims to examine the relationship between ICT and income inequality in ASEAN-5 countries over the study periods of 2003 to 2018. This study employs Pooled Ordinary Least Squares (POLS), Fully Modified Ordinary Least Squares (FMOLS) and Dynamic Ordinary Least Squares (DOLS) models. The results showed that ICT have significant impact on income inequality. The largest effect of fixed broadband and telephone subscriptions among ICT variables suggests that promoting Internet diffusion and Internet expansion is important to fight poverty and reduce income inequality especially in rural areas. Policies like ICT training programmes, free universal Internet access and digital subsidy can be implemented to confront with this issue. Therefore, income inequality can be reduced. Universiti Malaysia Sarawak (UNIMAS) 2020 Thesis http://ir.unimas.my/id/eprint/32151/ http://ir.unimas.my/id/eprint/32151/1/Amy.pdf text en validuser masters Universiti Malaysia Sarawak (UNIMAS) Faculty of Economics and Business
institution	Universiti Malaysia Sarawak
collection	UNIMAS Institutional Repository
language	English
topic	HB Economic Theory HB Economic Theory
spellingShingle	HB Economic Theory HB Economic Theory Huong, Amy Yong Jing Information and Communication Technology (ICT), Income Inequality and Economic Growth in ASEAN-5 Countries
description	Digitalization transformation spread worldwide across borders, in this vein, globalization develops or transforms the economic growth and development. Information and Communication Technology (ICT) is basically about how modern information and communication technologies affect society and in what way it does. ICT expands will increase the economic growth in the country. Income inequality in ASEAN-5 countries is relatively high. Generally, income inequality widens income gap, gender matter and even personal matters. ICT development plays an important role to create more job opportunity and increase the economic growth of a country and act as a major contributor to poverty alleviation. ICT has received comparatively little attention in the current globalisation wave. This presents a significant gap, considering the importance of ICT-centred policy proposals in economic growth. Therefore, this study aims to examine the relationship between ICT and income inequality in ASEAN-5 countries over the study periods of 2003 to 2018. This study employs Pooled Ordinary Least Squares (POLS), Fully Modified Ordinary Least Squares (FMOLS) and Dynamic Ordinary Least Squares (DOLS) models. The results showed that ICT have significant impact on income inequality. The largest effect of fixed broadband and telephone subscriptions among ICT variables suggests that promoting Internet diffusion and Internet expansion is important to fight poverty and reduce income inequality especially in rural areas. Policies like ICT training programmes, free universal Internet access and digital subsidy can be implemented to confront with this issue. Therefore, income inequality can be reduced.
format	Thesis
qualification_level	Master's degree
author	Huong, Amy Yong Jing
author_facet	Huong, Amy Yong Jing
author_sort	Huong, Amy Yong Jing
title	Information and Communication Technology (ICT), Income Inequality and Economic Growth in ASEAN-5 Countries
title_short	Information and Communication Technology (ICT), Income Inequality and Economic Growth in ASEAN-5 Countries
title_full	Information and Communication Technology (ICT), Income Inequality and Economic Growth in ASEAN-5 Countries
title_fullStr	Information and Communication Technology (ICT), Income Inequality and Economic Growth in ASEAN-5 Countries
title_full_unstemmed	Information and Communication Technology (ICT), Income Inequality and Economic Growth in ASEAN-5 Countries
title_sort	information and communication technology (ict), income inequality and economic growth in asean-5 countries
granting_institution	Universiti Malaysia Sarawak (UNIMAS)
granting_department	Faculty of Economics and Business
publishDate	2020
url	http://ir.unimas.my/id/eprint/32151/1/Amy.pdf
_version_	1783728410799898624

Information and Communication Technology (ICT), Income Inequality and Economic Growth in ASEAN-5 Countries

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