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ICT and Economic Growth Nexus in Saudi Arabia, Controlling Human Capital in the Covid-19 Era

A NARDL Exercise

Dados Bibliográficos

ID3352216
AutoresMd Saiful Islam (0000-0002-5690-5971, University of Ha'il, autor correspondente), Atiq Ur Rehman (0000-0002-9652-5201, University of Ha'il), Anis Ur Rehman (0000-0002-1878-4523), Imran Khan (0000-0002-2069-7410, University of Ha'il), Ibrahim Abdelrasuol (University of Ha'il)
Ano2024
Volume14
Fascículo2
Data de publicação2024-04-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoSAGE Open (JOURNAL)
Identificadores do periódicoISSN: 2158-2440 • E-ISSN: 2158-2440
EditoraSAGE Publications Inc (PUBLISHER)
DOI10.1177/21582440241241883
OpenAlexW4396751449
IdiomaEN
Citações recebidas1
Referências citadas27

ICT use has significantly increased over the years across the world, including Saudi Arabia. This study links ICT with economic growth (EG) in Saudi Arabia, controlling human capital (HC) and COVID-19. We employ time-series annual data from 1990 to 2021, a nonlinear Autoregressive Distributed Lag (NARDL) approach, and a cointegrating regression analysis to look at the asymmetric effects of ICT diffusion on EG. The NARDL assessment establishes a cointegrating relationship among variables; the effect of ICT negative shocks on EG is favorable and relatively larger. In contrast, the positive shocks of ICT generate a negative and somewhat less impact on EG with an overall positive impact. The findings imply that the ICT, during its expansion stage, cannot contribute positively to EG, perhaps because of a lack of required skilled human capital to administer and utilize the ICT instruments. The positive and insignificant coefficient of HC supports this conclusion. Despite Saudi Arabia's generous efforts, physical and human capital have no significant impact on EG. COVID-19 has hindered the usual economic activities in the Kingdom and impaired EG. The cointegrating regressions authenticate the robustness of the NARDL findings. The outcomes suggest policymakers should appraise the existing ICT infrastructure and initiate raising the capability of HC through practical training and education to benefit from ICT diffusion and positively impact EG

2019-20 coronavirus outbreak · Business · Development economics · Economic growth · Economics · Human capital · Information and Communications Technology · Outbreak · Pandemic · Political science · Economic Growth and Development · Economic Growth and Productivity · Engineering · Fiscal Policy and Economic Growth · Medicine · Internal Medicine · Virology

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Obras citantes distintas1
Citações por ano0,5
Intervalo de citações2024 - 2024 (1)
Velocidade de citaçãorecent
Altamente citadoNão
Tipos de citaçãoNeutras: 1
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