Title: Information and communication technology, and economic growth in Nigeria: a time series analysis

Authors: Olajide Oladipo; Albert Murphy; Fenio Anannsingh-Jamieson; Lloyd Amaghionyeodiwe

Addresses: School of Business and Information Systems, York College of the City University of New York, New York, USA ' Department of Management, Marketing and Finance, School of Business, SUNY College at Old Westbury, P.O. Box 210, Old Westbury, NY 11568, USA ' School of Business and Information Systems, York College of the City University of New York, New York, USA ' School of Business and Information Systems, York College of the City University of New York, New York, USA

Abstract: Information and communication technology (ICT) is a general purpose technology that has the potential of playing an important role in economic growth, and other dimensions of social and political development in developing countries. Using quarterly data and Johansen techniques, the study found significant impacts of ICT investment on economic growth. Although other variables have positive impact on economic growth, the results implies that if Nigeria seeks to enhance its economic growth, the country needs to further implement specific policies that facilitate investment in ICT.

Keywords: economic growth; ICT investment; Johansen technique; information and communications technology; information technology; Nigeria; time series analysis.

DOI: 10.1504/IJTPM.2016.076315

International Journal of Technology, Policy and Management, 2016 Vol.16 No.2, pp.149 - 162

Received: 20 Mar 2015
Accepted: 26 Jul 2015
Published online: 03 May 2016 *

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