1. What have the authors contributed in "Foreign direct investment, information technology and economic growth dynamics in sub-saharan africa" ?
The study finds that both internet penetration and mobile phone penetration overwhelmingly modulate FDI to induce overall positive net effects on all three economic growth dynamics.. In the light of negative interactive effects, net effects are decomposed to provide thresholds at which ICT policy variables should be complemented with other policy initiatives in order to engender favorable outcomes on economic growth dynamics.. Practical and theoretical implications are discussed.
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2. What future works have the authors mentioned in the paper "Foreign direct investment, information technology and economic growth dynamics in sub-saharan africa" ?
Future studies can improve the established findings by reconsidering the problem statement within country-specific frameworks.. Hence, smartphones should be considered in future studies.. It is also worthwhile to note that smartphones can be better than mobile phones in facilitating the absorptive capacity of FDI for economic growth because smartphones are designed to be connected to the internet.. “ Estimating South Africa 's Output Gap and Potential Growth Rate, ” South African Journal of Economics, 85 ( 2 ), pp. 161-177.
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3. What is the main reason ICT can modulate the effect of FDI on economic growth?
The main reason ICT can modulate the effect of FDI on economic growth is because, in this era of knowledge-based economies, ICT represents a factor of production because it facilitates, inter alia: the acquisition of raw materials needed for the production process, communication between various departments of production and the management of production.
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4. What is the role of ICT in the economic prosperity of a country?
ICT is relevant in the economic prosperity of a country because it helps to boostthe country’s production capacity in a plethora of economic sectors (Hong, 2016).
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