WHETHER A HIGHER E-GOVERNMENT DEVELOPMENT INDEX MEANS A HIGHER GDP GROWTH RATE?

Abstract

The aim of the paper is to investigate empirically how GDP growth rate is affected by the development of e-government, using data from 193 countries, over the period 2008-2018. Initially, correlation analysis, followed by panel data analysis was used to conduct our research. The results provide evidence that GDP growth rate decreases as e-government development index increases. Yet, sub-indexes of this index affect variously the rate of GDP growth: whereas index of human capital contributes to the GDP improvement, remained indexes affect GDP negatively. Index of e-participation has insignificant effect on GDP.