4.5 Article

ICT as a driver of economic growth: A survey of the literature and directions for future research

Journal

TELECOMMUNICATIONS POLICY
Volume 44, Issue 2, Pages -

Publisher

ELSEVIER SCI LTD
DOI: 10.1016/j.telpol.2020.101922

Keywords

Survey; ICT; Digital transformation; Economic growth; Productivity

Funding

  1. NUS [R603000320115 -MOE FRC T1]

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This paper conducts a comprehensive literature survey of the papers that examine the link between ICT and economic growth. Using a rigorous screening framework, we found 208 academic papers that were published from 1991 to the cutoff date of October 30, 2018. This survey provides a robust set of insights into the distribution, research strategies, and findings of the surveyed papers, taking into account their geographic focus and type of ICT-growth links. This study also reveals the key factors that predict the citation impact by paper. Among the directions for future research, this paper argues that the time has come for the research on the ICT-growth link to shift its main focus from evidencing its positive relationship to advancing the understanding on why and how emerging digital technologies directly or indirectly affect economic performance.

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