The Impact of ICT Exports on The Economic Growth of The BRICS Countries

Abstract

Information and Communications Technology (ICT) is regarded as an essential tool for enhancing the productivity and efficiency of an economy. The increasing dependence and expanding demand for ICT products has led to a momentum of their trade worldwide. This paper is an attempt to look at a relatively less explored area of ICT, that is, the export of ICT goods and services. The paper aims at exploring how the exports of ICT goods and services determine the economic growth of the BRICS countries using panel regression analysis.