Abstract
PurposeThis study aims to analyse the effects of China’s information and communications technology (ICT) infrastructure investment on economic growth.Design/methodology/approachUsing a panel data set of China’s 30 regions during 2010–2015, this study uses the generalized method of moments (GMM) methods.FindingsThis study finds that compared with “old-type” infrastructure investment such as transport infrastructure and utility infrastructure, there is a time lag but greater effect from ICT infrastructure investment on growth and this relation is non-linear. Also, the human capital factor plays an enhancing role.Originality/valueThis study is the first of its kind that examines the relationship between ICT infrastructure investment and growth in China.
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