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Enhancing information technology for value added across economic sectors in Sub-Saharan Africa✰.

Authors :
Asongu, Simplice A.
Rahman, Mushfiqur
Nnanna, Joseph
Haffar, Mohamed
Source :
Technological Forecasting & Social Change; Dec2020, Vol. 161, pN.PAG-N.PAG, 1p
Publication Year :
2020

Abstract

• This study assesses how improving information technology affects various economic sectors. • Value added is considered in the agricultural, manufacturing and service sectors. • Negative net effects are apparent in the agricultural and manufacturing sectors. • Positive net effects are established in the service sector. • Information technology thresholds for promoting various economic sectors are provided. This study investigates how enhancing information and communication technology (ICT) affects value added across sectors in 25 countries in Sub-Saharan Africa using data for the period 1980–2014. The empirical evidence is based on the Generalised Method of Moments. The following findings are established. First, the enhancement of mobile phone and internet penetrations respectively have net negative effects on value added to the agricultural and manufacturing sectors. Second, enhancing ICT (i.e. mobile phone penetration and internet penetration) overwhelmingly has positive net effects on value added to the service sector. From an extended analysis, enhancing ICT in the agricultural and manufacturing sectors should exceed certain thresholds for value added, notably: 114.375 of mobile phone penetration per 100 people for added value in the agricultural sector and 22.625 of internet penetration per 100 people for added value in the manufacturing sector. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
00401625
Volume :
161
Database :
Supplemental Index
Journal :
Technological Forecasting & Social Change
Publication Type :
Academic Journal
Accession number :
147319030
Full Text :
https://doi.org/10.1016/j.techfore.2020.120301