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International Journal of Economics, Finance and Management >> Volume 5, Issue 2, June 2016

International Journal of Economics, Finance and Management


Correlation ICT-Education and Economic Growth:Case of the Arab Economies

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Author Mohamed Neffati,Lobna Besbes
ISSN 2225-7217
On Pages 135-142
Volume No. 2
Issue No. 1
Issue Date March 01, 2020
Publishing Date March 01, 2020
Keywords ICT, Absorption of technology, education, growth.



Abstract

The new theory of growth (endogenous growth) shows that information and communication technology (ICT), and the skills of the workforce constitute the main factors of economic growth. In this survey, and after an econometric study on 22 Arab countries between 2000 and 2010, we found that the contributions of these factors are very important when there is a substantial correlation between them. Indeed, a strong economic integration with a high opening rate makes the country disposed to the adoption of technology, due to the fact that a better investment in education improves the skills of the workforce which is a prerequisite condition in the absorption of ICT. The higher the level of the skills is the more the diffused technology is absorbed and used in a profitable way, and the more the objective of growth is achieved.


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