Sze-Wei Yong, S. Law, Saifuzzaman Ibrahim, Wan Norhidayah, W. Mohamad
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引用次数: 0
Abstract
This study examines the impact of information and communication technologies (ICTs) on labour productivity in developing countries from 2000 to 2019, using the two-step System GMM estimation and dynamic panel quantile regression. The empirical results present new evidence on the moderating effect of ICTs with human capital, financial development and trade openness on labour productivity in developing countries. The interaction terms between ICTs and these three moderators show positive and statistically significant determinants of labour productivity. These three interaction terms have a greater influence on labour productivity than the impact of each variable assessed individually. The dynamic panel quantile regression results revealed that ICTs statistically significant to enhance labour productivity in lower and intermediate quantiles than in the highest quantiles in developing countries. This finding suggested that ICTs play an essential role in improving productivity at the lower and average labour productivity levels. This study can help policymakers develop a long-term strategy in terms of ICTs adoption and usage more intensively in developing countries as they strive to achieve the goals of industrial 4.0.
期刊介绍:
International Journal of Business and Society (IJBS) is an international scholarly journal devoted in publishing high-quality papers using multidisciplinary approaches with a strong emphasis on business, economics and finance. It is a triannual journal published in April, August and December and all articles submitted are in English. Our uniqueness focus on the impact of ever-changing world towards the society based on our niche area of research. IJBS follows a double-blind peer-review process, whereby authors do not know reviewers and vice versa. The journal intends to serve as an outlet with strong theoretical and empirical research and the papers submitted to IJBS should not have been published or be under consideration for publication elsewhere.