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Global IT Expenditure Growth: An Empirical Investigation Across Some Developing Nations
Author(s) -
Bagchi Kallol K.,
Putnam Karl,
Tang Zaiyong
Publication year - 2004
Publication title -
the electronic journal of information systems in developing countries
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.41
H-Index - 18
ISSN - 1681-4835
DOI - 10.1002/j.1681-4835.2004.tb00122.x
Subject(s) - developing country , economics , macroeconomics , development economics , international economics , public economics , economic growth
Information technology (IT) expenditures in different developing nations of the world have been impressive but controversial lately. Research is needed to know how IT expenditures are growing in these nations. Do stages of IT development or price drops in IT infrastructure influence such growth? We intend to explore these issues with various growth models, using data from 14 nations (constrained by data availability) over a period of time. Our preliminary results show that previous IT expenditure growth models can be improved by including the impact of price and that a price drop in IT keeps the growth unabated. Preliminary evidence also suggests that developing nations are benefiting from a price drop.