Role of ICT in Achieving Pakistan Sustainable Development Goals

Hafiz M. Sohail, Mirzat Ullah, Canqing Tang, Syed Moudud-Ul-Huq

Research output: Contribution to journalArticlepeer-review

Abstract

The information and communication technology (ICT) sector plays a pivotal role in fostering economic growth (EG) in the economy. However, the nonlinear and complementary aspects of ICT's contribution to EG remain underexplored, particularly in the case of Pakistan. This study conducts a comprehensive analysis of the linear, nonlinear, and complementary impacts of ICT on Pakistan's EG using annual data from 1985 to 2023. The study initiates with unit root tests to ensure the stability of the data, followed by Johansen co-integration tests utilizing trace statistics and maximum eigenvalues to assess long-term relationships between the underlined variables. This study applied dynamic ordinary least-squares estimation along with fully modified ordinary least squares for analysis and robustness of the results. Empirical findings reveal that Internet usage and mobile subscriptions positively influence EG. Furthermore, the study identifies nonlinear effects associated with fixed telephone and mobile subscriptions. Additionally, interaction terms demonstrate positive coefficients for Internet usage, mobile phones, and fixed telephones, indicating the presence of complementary effects that bolster Pakistan's EG. This study confirms optimistic progress in aggregate factor productivity, mainly due to capital and globalization that contributes by encouraging green, sustainable growth through participating in digital technology and globalization into the growth model. The study suggests that simultaneous investments in expanding Internet access and telecommunications infrastructure, including both fixed and mobile subscriptions, have the potential to enhance Pakistan's EG synergistically.
Original languageEnglish
JournalFudan Journal of the Humanities and Social Sciences
DOIs
Publication statusPublished - 28 Dec 2024

Fingerprint

Dive into the research topics of 'Role of ICT in Achieving Pakistan Sustainable Development Goals'. Together they form a unique fingerprint.

Cite this