한국기술혁신학회:학술대회논문집 (Proceedings of the Korea Technology Innovation Society Conference)
- 한국기술혁신학회 2001년도 춘계학술대회:발표자료
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- Pages.141-158
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- 2001
Does Telecommunications Investment Cause Economic Growth: Evidence from Korea
- Yoo, Seung-Hoon (Division of Economics and Business, Hoseo University) ;
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Jung, Kun-Oh
(Division of Economics and Business, Hoseo University)
- 발행 : 2001.05.01
초록
This paper examines the causality issue between telecommunications investment and economic growth for South Korea by applying recently developed time series techniques. Tests for unit roots, co-integration, and Granger causality are presented. The results show that hi-directional causality runs from telecommunications investment to economic growth for South Korea. This means that increased telecommunications investment directly affects economic growth and an increase in real income also influences telecommunications investment. The study also discusses the implications of the results for addressing telecommunications policy in South Korea.