ＡｖｅｒａｇｅＡｎｎｕａｌＧｒｏｗｔｈｏｆＧＤＰｄｕｒｉｎｇｔｈｅＥｉｇｈｔｈＦｉｖｅ－ＹｅａｒＰｌａｎＰｅｒｉｏｄＳｔａｔｅＳｔａｔｉｓｔｉｃａｌＢｕｒｅａｕＳｏｕｒｃｅ：ＳｔａｔｅＳｔａｔｉｓｔｉｃａｌＢｕｒｅａ...ＡｖｅｒａｇｅＡｎｎｕａｌＧｒｏｗｔｈｏｆＧＤＰｄｕｒｉｎｇｔｈｅＥｉｇｈｔｈＦｉｖｅ－ＹｅａｒＰｌａｎＰｅｒｉｏｄＳｔａｔｅＳｔａｔｉｓｔｉｃａｌＢｕｒｅａｕＳｏｕｒｃｅ：ＳｔａｔｅＳｔａｔｉｓｔｉｃａｌＢｕｒｅａｕ．Average Annual Growth of GDP d...展开更多
Zhan Yong,commentator of People’s Daily,and Cai Fang,Director of the Institute of Population and Labor Economics,Chinese Academy of Social Sciences(CASS),recently expressed their views on China’s elevation to the wo...Zhan Yong,commentator of People’s Daily,and Cai Fang,Director of the Institute of Population and Labor Economics,Chinese Academy of Social Sciences(CASS),recently expressed their views on China’s elevation to the world’s second largest economy and its $5.88 trillion GDP value which grew at a year-on-year rate of 9.8 percent in 2010, saying in an analysis that China is still a developing展开更多
This paper applies the Pairwise Panel Granger Causality test to examine the relationship between ICT （information and communication technology） expenditure and the rate of growth of GDP （gross domestic product） pe...This paper applies the Pairwise Panel Granger Causality test to examine the relationship between ICT （information and communication technology） expenditure and the rate of growth of GDP （gross domestic product） per capita. This is accomplished by using cross-country time-series data for a total of 70 developed and developing countries for the period from 2003 to 2008. The study reveals that the existence of causality and its direction differ across different income-group of countries and over the number of lags included. ICT investment expenditure as a percentage of GDP appears to cause the rate of growth of GDP per capita for the high income group and all income groups combined with lags higher than one year. However, for the upper- and lower-middle income groups, the study detects causality in neither direction. Also, when only one lag is included, the study suggests no causality in either direction for any of the income-groups of countries.展开更多
文摘Zhan Yong,commentator of People’s Daily,and Cai Fang,Director of the Institute of Population and Labor Economics,Chinese Academy of Social Sciences(CASS),recently expressed their views on China’s elevation to the world’s second largest economy and its $5.88 trillion GDP value which grew at a year-on-year rate of 9.8 percent in 2010, saying in an analysis that China is still a developing
文摘This paper applies the Pairwise Panel Granger Causality test to examine the relationship between ICT （information and communication technology） expenditure and the rate of growth of GDP （gross domestic product） per capita. This is accomplished by using cross-country time-series data for a total of 70 developed and developing countries for the period from 2003 to 2008. The study reveals that the existence of causality and its direction differ across different income-group of countries and over the number of lags included. ICT investment expenditure as a percentage of GDP appears to cause the rate of growth of GDP per capita for the high income group and all income groups combined with lags higher than one year. However, for the upper- and lower-middle income groups, the study detects causality in neither direction. Also, when only one lag is included, the study suggests no causality in either direction for any of the income-groups of countries.
