TITLE:
Internet and Economic Growth—Evidence from Chinese Provincial Panel Data
AUTHORS:
Yuan Feng
KEYWORDS:
Economic Growth, Internet, Human Capital
JOURNAL NAME:
Modern Economy,
Vol.7 No.8,
July
26,
2016
ABSTRACT: As the “Internet +” strategy having
been put forward, the internet and other information and communication
technologies will help play more important role in Chinese economic growth.
This research uses Chinese provincial panel
data between 2000-2014 to study the relationship between the internet
communication technology and economic growth within a Cobb-Douglas function
under the Solow model. The result indicates that the development of the
internet communication technology has a significant role in promoting economic
growth in China. At the same time, the human capital has positive interaction
effect on the adjustment between the internet and economic growth. So China should continue to increase
investment on the internet communication technology and infrastructure
construction, and pay more attention to personnel training to promote the
sustainable development of economy in China.