Mobile Subscribers Research Articles

The Long-Run Effect of E-commerce on Economic Growth in Saudi Arabia

This study aims to examine the long-term impact of e-commerce on economic growth in Saudi Arabia using the Cointegration model. The study employs a theoretical and empirical approach by reviewing previous studies to identify some key variables which are the merchandise trade ratio, the number of mobile phone subscriptions, the percentage of internet users and mobile phone subscribers in the population, and the ratio of communication and computer service imports, using time series data from 1992 to 2022 collected from Saudi Central Bank and the World Bank's, and employing Cointegration model for analysis. Results of the study indicate a positive and statistically significant impact of the merchandise trade ratio and the number of mobile phone subscriptions on GDP in the long run. However, the study finds that a high statistical correlation between GDP and the percentage of internet users and mobile phone subscribers in the population does not positively impact economic growth. Additionally, the study found that the ratio of communication and computer service imports no longer affects GDP and economic growth in the long run. These findings first suggest that e-commerce can help diversify the national economy and increase economic growth rates. Second, highlight the need for technology and its use to be directed toward productive purposes. The government and regulators are encouraged to increase investment in e-commerce and facilitate the growth procedures for e-commerce companies.

Assessing the economic impact of mobile telecommunications in Egypt: a structural model approach

PurposeThe purpose of this study is to use the structural model to determine the influence of mobile telecommunication on Egypt’s economic growth from 2000 to 2009. By focusing on mobile unique subscribers and mobile broadband-capable device penetration as indicators of telecommunications adoption, the authors seek to understand their overarching effects on the nation’s economic landscape.Design/methodology/approachThe paper uses quarterly time-series data set over the period 2000–2019 and uses a structural econometric model based on an aggregate production function, a demand function, a supply function and an infrastructure function to detect causality and examine long-run relationships between variables.FindingsThe findings of the structural model reveal that both mobile unique subscribers and mobile broadband-capable device penetration significantly contributed to Egypt’s gross domestic product (GDP) growth from 2000 to 2019. Specifically, a 1% increase in mobile unique subscriber penetration and mobile broadband-capable device adoption is estimated to result in an average annual contribution to GDP growth of 0.172% and 0.016%, respectively.Research limitations/implicationsThe scarcity of panel data is the main research limitation for comparative study with other Middle East and North African Region (MENA) countries. Research extensions would include testing the significance of complementarities such as improving governance measures and building human capacity for both households and firms, which are necessary to boost the impact of telecommunication on economic growth in the MENA region.Practical implicationsBased on these findings, the study puts forth policy recommendations aimed at maximizing investment in network utilization, including mobile and internet services, as well as fixed broadband subscriptions. It highlights the crucial role of these investments in promoting social and economic development, not only in Egypt but also across the MENA region as a whole.Social implicationsThe findings of this research emphasize the importance of strategic investments in network utilization, encompassing mobile, internet services and fixed broadband subscriptions. Such investments are pivotal for fostering social and financial inclusion. The study underscores the potential of these investments to drive social and economic progress, not just within Egypt but throughout the entire MENA region.Originality/valueOverall, existing literature generally supports the notion that the telecommunications sector has a positive economic impact. However, there is a gap in the literature when it comes to understanding the specific effects of the Egyptian telecommunications sector on the country’s economy, particularly in relation to the Egypt Vision 2030. The study aims to fill this gap by focusing specifically on Egypt and providing additional insights into the direct and indirect effects of the Egyptian telecommunications sector on the economy. By conducting a thorough analysis of the sector’s role, the authors aim to contribute to the existing literature by providing context-specific findings and recommendations.

Adaptive Antenna Array Control Algorithm in Radiocommunication Systems

An important element of modern telecommunications is wireless radio networks, which enable mobile subscribers to access wireless networks. The cell area is divided into independent sectors served by directional antennas. As the number of mobile network subscribers served by a single base station increases, the problem of interference related to the operation of the radio link increases. To minimize the disadvantages of omnidirectional antennas, base stations use antennas with directional radiation characteristics. This solution allows you to optimize the operating conditions of the mobile network in terms of reducing the impact of interference, better managing the frequency spectrum and improving the energy efficiency of the system. The work presents an adaptive antenna algorithm used in mobile telephony. The principle of operation of adaptive systems, the properties of their elements and the configurations in which they are used in practice are described. On this basis, an algorithm for controlling the radiation characteristics of adaptive antennas is presented. The control is carried out using a microprocessor system. The simulation model is described. An algorithm was developed based on the Mathcad mathematical program, and the simulation results of this algorithm, i.e., changes in radiation characteristics as a result of changing the mobile position of subscribers, were presented in the form of selected radiation characteristics charts.

A Game Theoretic Approach to Computation Offloading Strategy Optimization for Non-cooperative Users in Mobile Edge Computing

Computation offloading from a user equipment (UE, also called mobile user, mobile subscriber, or mobile device) to a mobile edge cloud (MEC) provides an effective way to virtualize an ordinary smart mobile device (e.g., smartphone, tablet, handheld computer, wearable device, and personal digital assistant) into a formidable equipment, which is able to provide more and stronger functionalities than that of a laptop or a desktop computer. It is conceivable that there can be several MECs with different processing capabilities in a geographic area, and each MEC many serve many UEs with endless sequences of computation tasks, various application characteristics, and diversified communication requirements and bandwidths. Furthermore, the mobile users are competitive and selfish, which means that computation offloading strategy optimization needs to be carried out for each individual mobile user to optimize the performance of only his applications. In this paper, we conduct a mathematical study of computation offloading strategy optimization for non-cooperative users in mobile edge computing by using a game theoretic approach. The main contributions of this paper can be summarized as follows. We establish an M/G/1 queueing model to characterize multiple heterogeneous UEs and MECs, so that the average response time of all offloadable and non-offloadable tasks generated on a UE can be calculated analytically and the optimal computation offloading strategy of a UE can be defined rigorously. We construct a non-cooperative game framework for a mobile edge computing environment, in which each player (i.e., a UE) can selfishly minimize his payoff by choosing an appropriate strategy in his strategy space. We prove the existence of the Nash equilibrium of the above game. We develop algorithms to find the Nash equilibrium, including an algorithm to find the best response of a mobile user and an iterative algorithm to find the Nash equilibrium. We demonstrate numerical examples and data of our game, including numerical data for the Nash equilibrium and numerical data for the convergence of the Nash equilibrium. To the best of the author's knowledge, this is the first paper that effectively investigates computation offloading strategy optimization for multiple, heterogeneous, and competitive mobile users and multiple heterogeneous mobile edge clouds by using a non-cooperative game approach. Hence, the paper makes noticeable contributions towards the understanding of a competing mobile edge computing environment and its stabilization.

Loan-eligibility prediction for Airtime Credit Service Subscribers using Machine Learning: The case Ethio Telecom

Ethio telecom is largest telecommunication companies in Ethiopia. Ethio telecom begun airtime credit service in 2010 to its above 70 million mobile subscribers. The service aims to maintain customer relationships, minimize churn, and generate additional income. However, collecting service money from subscribers is a challenge, resulting in losses of around 2.7 million birrs. To address this, a machine learning-based technology solution was developed to predict eligible customers based on historical data usage. The model uses an Ethio telecom dataset with 114871 rows and 18 columns. Five machine learning classification algorithms were selected for the proposed solution based on the research behavior and literature review: Random Forest, Logistic Regression, Gradient Boosting machines, Naïve Bayes, and Support vector machines. These algorithms are implemented on the prepared dataset and evaluated using model evaluation metrics like accuracy, precision, recall, F1-score are applied. In addition, the confusion matrix table and receiver operating characteristics-area under curve are used to evaluate performance. The accuracy of Random Forest was 90.40%, Logistic Regression was 75%, Gradient boosting classifier was 90.42%, Naïve Bayes was 89.8%, and the Support vector machines was 73.1%. We performed comparative analysis between the models to select the robust model. So that, the Gradient Boosting classifier model provide an outstanding result in predicting eligibility for the airtime credit service.

Information and communication technology diffusion, supply chain performance, health care and human development: A case of the South Asian region

South Asian countries have shown tremendous progress in information and communication technology (ICT) and have become one of the fastest-growing regions in technology, innovation, and business competitiveness. The pivotal role of ICT diffusion in the economic growth of both developed and developing countries is a well-established fact. Therefore, this research aims to examine the impact of ICT diffusion (especially the evaluation of ICT indicators) on three core outcomes, namely supply chain performance, health-care expenditures, and the Human Development Index in the context of South Asian economies. To measure ICT, we used three core ICT indicators (i.e., fixed broadband subscriptions, mobile phone subscribers, and internet users) individually as well as in the form of an index developed through principal component analysis (PCA). Panel data of South Asian economies ranging from 2007 to 2021 were used to estimate the equations. The outcomes revealed that all the variables were integrated at order one (1). Second, ICT had a long-run/equilibrium relationship with supply chain performance, health-care expenditures, and human development index. Third, the response of all individual ICT indicators as well as the ICT index on supply chain performance was positive and significant in estimated coefficients. Fourth, the ICT index and all ICT indicators had a positive influence on health-care expenditures. Finally, the ICT index and two out of three individual ICT indicators had a positive and significant influence on HDI. Interestingly, among all the three indicators of ICT, internet users were found to have more pronounced effects on the promotion of supply chain performance, health-care expenditure, and HDI. The more pronounced effect of internet users implied that policymakers should consider devising policies to promote ICT penetration with a core focus on internet penetration.

Design of electrical power telemetering system using microcontroller device via GSM

"Traditionally, reading of energy meters is done by human operators who move from house to house collecting readings. This exercise requires huge labor operator numbers and a lot of time to achieve complete reading of meters in a particular area. This paper endeavors to do away with this problem by using a telemetering system. With this system, power can be measured from a remote site. To achieve this, readings from an energy meter on site are processed by a microcontroller device that then sends the energy consumption information to a Global System Mobile (GSM) module. The GSM module then sends this information using microwaves to a particular mobile subscriber who receives it in the form of an Short Message Service (SMS). The reading is also transmitted to a web based telemetering system through a server. In the remote site, a remote computer which can access the internet is able to obtain data from the server through the internet. The microcontroller is developed in such a way that it achieves communication between the energy meter and the particular server using Transmission Control Protocol(TCP) protocol. Software programs are also developed to facilitate transfer of data to the user at remote site. With the web based telemetering system connected to the internet, electrical energy measurements can be accessed globally. The efficiency of the transmission channel is important for the success of both SMS and web based telemetering systems. Keywords: Telemetering system, remote sites, GSM "

Investigating the impact of ICT on transport-based CO2 emissions: empirical evidence from a quantile cointegration regression analysis.

In the global initiative to leverage information and communication technologies (ICT) for reducing emissions, sub-Saharan Africa (SSA), a region of unique significance, has exhibited a delay in adopting ICT. This study aims to investigate the intricate relationship between ICT and carbon dioxide (CO2) emissions from transport in SSA. Employing the panel quantile autoregressive distributed lag (PQARDL) technique, the study analyzes panel data from 24 SSA nations spanning from 2000 to 2021. The results indicate that internet usage and fixed telephone subscriptions have a mitigating effect on CO2 emissions from transport across all quantiles in both the short and long run. However, mobile phone subscriptions contribute to CO2 emissions from transport across all quantiles. Additionally, the middle-income groups demonstrate negative relationships between ICT variables and emissions from transport, while the low-income group exhibits significant positive associations. These findings imply that ICT plays a pivotal role in mitigating transport-based emissions and reveal pronounced disparities in ICT adoption across various income groups within SSA, highlighting overarching underdevelopment in ICT infrastructure. Robustness checks employing a two-step system generalized method of moment (GMM) model reinforce our findings. The study provides policy recommendations, including the promotion of ICT infrastructure development, implementation of smart transportation solutions, and fostering public-private partnerships to address these challenges, shedding light on the path toward a greener and more sustainable transport ecosystem in SSA.

Effects of 4G mobile phone radiation exposure on reproductive, hepatic, renal, and hematological parameters of male Wistar rat.

Mobile phones have become a vital part of human life. Due to drastic increase in the number of mobile phone subscribers, exposure to radiofrequency radiation (RFR) emitted from these phones has increased dramatically. Hence, the effect of RFR on humans is an area of concern. This study was performed to determine the impact of 4G mobile phone radiation on the male reproductive system, liver, kidney, and hematological parameters. Seventy-day-old Wistar rats were exposed to 4G radiation (2350MHz for 2h/day for 56days). Sperm parameters such as sperm count, viability, sperm head morphology, mitochondrial activity, total antioxidant activity, and lipid peroxidation of sperm were evaluated. Histopathology of the testis, prostate, epididymis, seminal vesicle, liver, and kidney was carried out. Complete blood count, liver and kidney function tests, and testosterone hormone analysis were done. At the end of the experiment, results showed a significant (p < 0.05) decrease in sperm viability with alterations in the histology of the liver, kidney, testis, and other reproductive organs in the exposed group of rats. A reduced level of testosterone, total antioxidant capacity, and decreased sperm mitochondrial function were also observed in the exposed rats. Moreover, the exposed rats showed an increase in sperm lipid peroxidation and sperm abnormality. Hematological parameters like hemoglobin, red blood cells (RBC), and packed cell volume (PCV) showed a significant (p < 0.05) increase in the exposed rats. The results indicate that chronic exposure to 4G radiation may affect the male reproductive system, hematological system, liver, and kidney of rats.

Impact of belt and road initiative policy and interacting effect of renewable energy toward carbon neutrality.

The Belt and Road Initiative (BRI) represents a comprehensive developmental blueprint that has been deployed across numerous Asian, European, and African nations, aimed at fostering economic growth and enhanced regional connectivity. However, concerns have been raised about its potential impact on the environment, specifically in the context of carbon dioxide (CO2) emissions. Employing non-parametric analytical techniques, this research undertakes an empirical investigation into the relationship between economic growth (GDP), renewable energy consumption (REC), and CO2 emissions within the context of BRI participant countries, spanning the years from 2000 to 2018. The findings of this study reveal that REC exerts a pronounced and statistically significant mitigating effect on CO2 emissions, implying that an increase in REC corresponds to a reduction in CO2 emissions. In contrast, trade openness (TRADE) exhibits a positive and statistically significant influence on CO2 emissions, signifying that greater trade openness is associated with heightened CO2 emissions. However, the observed effects of GDP, fixed telephone subscriptions (FTS), and mobile cellular subscriptions (MCS) on CO2 emissions remain inconclusive, as their impact lacks statistical significance. The effect estimates of covariates on CO2 emissions using various models reveal that REC and TRADE significantly affect CO2 emissions, while GDP, FTS, and MCS still yield uncertain results. The outcomes draw attention to the necessity of implementing policies that encourage the use of REC and reducing trade openness as an efficient way of neutralizing CO2 emissions. This research provides valuable insights into the impact of the BRI on CO2 emissions and emphasizes the importance of addressing the environmental implications of this initiative. Policymakers should carefully consider these findings and develop effective strategies to foster sustainable development.

Exploring the Nexus among Tourism, Information Communication Technology and Economic Growth: A Case Study of Nigeria

The research investigates the relationship between economic growth and tourism as well as information and communications technology (ICT) between 1995 and 2021. Using the autoregressive distributed lag (ARDL) process and an enhanced Solow framework for cointegration analysis; we examine how these variables interact. The findings demonstrate that, when all three are forced to depend on one another, economic growth, foreign tourism receipts—which act as a stand-in for tourism—and mobile cellular subscriptions—which indicate the pervasiveness of ICT—all display cointegration. At the 1% level, both ICT and tourism have long-term statistically significant effects. ICT and tourism have short-run coefficients of 0.006 and 0.03 respectively. Furthermore, at the 1% level, the interaction term (LNTOUR*MCS) of tourism receipts and ICT is associated with a long-run coefficient (0.148) that indicates a positive and statistically significant effect on economic growth. This finding highlights the importance of fostering the mutually beneficial interaction between the development of technology and the growth of the tourist industry as key factors in Nigeria's economic prosperity.

DESIGN OF ELECTRICAL POWER TELEMETERING SYSTEM USING MICROCONTROLLER DEVICE VIA GSM

Traditionally, reading of energy meters is done by human operators who move from house to house collecting readings. This exercise requires huge labor operator numbers and a lot of time to achieve complete reading of meters in a particular area. This paper endeavors to do away with this problem by using a telemetering system. With this system, power can be measured from a remote site. To achieve this, readings from an energy meter on site are processed by a microcontroller device that then sends the energy consumption information to a Global System Mobile(GSM) module. The GSM module then sends this information using microwaves to a particular mobile subscriber who receives it in the form of an Short Message Service(SMS). The reading is also transmitted to a web based telemetering system through a server. In the remote site, a remote computer which can access the internet is able to obtain data from the server through the internet. The microcontroller is developed in such a way that it achieves communication between the energy meter and the particular server using Transmission Control Protocol(TCP) protocol. Software programs are also developed to facilitate transfer of data to the user at remote site. With the web based telemetering system connected to the internet, electrical energy measurements can be accessed globally. The efficiency of the transmission channel is important for the success of both SMS and web based telemetering systems.

Modelling temporal dynamics: does internet use fuel anti-government protests?

ABSTRACT The past three decades have witnessed a rapid global uptake of digital media. Does an increase in internet access lead to more anti-government protests globally, in both democracies and non-democracies? Has the role of the internet changed over time from benefiting the opposition to benefiting the regime? We use time-series cross-national data and negative binomial regressions to model protest data in 151 countries from 1990 to 2020. By leveraging change in the development of digital information globally, the results show that increases in internet penetration and mobile cellular subscription rates increase the number of anti-government protests in non-democracies in the period from 1990 to 2010, but not among a subsample of democracies. After 2010, increases in internet penetration rates did not affect the number of protests in either democracies or non-democracies. The use of cellular internet continues to have a small positive effect on protest frequency after 2010. We also test the government's internet censorship efforts as a mechanism for decreasing information access and diminishing mobilization. Results suggest authoritarian regimes modified their strategies over time, more effectively using information and communications technologies (ICTs) to quell anti-government protests using digital repression and information control consistent with the theory of informational autocracy.

Infrastructural Financing and Trade Performance in West Africa

This study examines the relationship between infrastructure and trade performance in West African countries during the 1990-2021. It moved a step further over the existing studies in this area to explore the effect of education and energy finance on trade flow in the region. The theoretical framework is based on the love of variety theory as advocated by Krugman [1] and modified to suit purpose. This emphasis here is on derivation of utility from a given varieties of choices which in turn boost production, specialization, positively externalities and economies of scale. Results of the robust least square show the declining effects of mobile phone subscriptions and increasing effect of government expenditure on education though not as expected. Investment in energy appears insufficient to boost trade performance in the region.&#x0D; The Wald test shows that causality occurs between import trade and infrastructure financing variables.

DIGITAL TRANSFORMATION IN SRI LANKA: EVALUATING PROGRESS AND ADDRESSING CHALLENGES

Digitalization processes are an important aspect in the development of economies of countries around the world. The Seventeen UN Sustainable Development Goals (UN, 2015) announced in 2015 presented a challenge to the global economy. Solving the problem strengthening digitalization processes will achieve the following goals: Decent work and economic growth (goal 8), build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation (goal 9) and, make cities and human settlements inclusive, safe, resilient and sustainable (goal 11). Digital transformation is crucial for enhancing societal and economic progress in Sri Lanka. This study aims to investigate the evolution of digital technology use in Sri Lanka, focusing on internet access, mobile phone usage, and digital literacy. The process includes looking at government efforts, telecom statistics, and case studies that are industry-specific. The statistics show that there has been a significant increase in internet penetration to 50% and mobile phone subscriptions to 28.4 million due to competitive market conditions and regulatory activities. The paper highlights how crucial it is to address digital literacy and infrastructure concerns in order to leverage digital revolution for fair growth. Interestingly, metropolitan regions have greater rates of digital adoption than rural ones, indicating a need to address the digital divide. Achieving nationwide digital inclusion depends in large part on the government's role in promoting digital education and enhancing internet accessible. The report also highlights the necessity of ongoing investments in digital infrastructure and the development of programs for developing digital skills. The practical implications of these findings point to the possibility of greatly boosting the population's digital capacities by focused policies and well-timed investments, which will promote social inclusion and economic growth. Sri Lanka can enhance its residents' quality of life, draw in foreign investment, and more fully integrate into the global digital economy by concentrating on sustainable digital growth. Policymakers, business stakeholders, and academic scholars interested in the digital transformation of developing economies will find great value in this thorough analysis.

Customer Perceptions on E-service Quality and Customer Loyalty in Botswana Telecommunications Sector

The study examined the effect of electronic service quality on customer loyalty with specific reference to the telecommunications sector of Botswana. In this context, the study focused on the players in the mobile telecommunications sector of Botswana, that is, BTC, Mascom and Orange Botswana. The study adopted a quantitative survey that was guided by the positivist research philosophy. The study sample comprised of 450 subscribers of mobile telecommunication services in Botswana who took part in an online survey undertaken through a structured questionnaire. The analysis of research data was done using the Statistical Package for Social Sciences in which multiple linear regression analysis was adopted as the method of data analysis. The study found that the efficiency of e-services had a significant positive effect on customer loyalty of mobile telecommunication service subscribers in Botswana (β = 0.751, p = 0.000&lt;0.05). It was also found that there existed a significant direct relationship between fulfilment and customer loyalty of mobile telecommunication service subscribers in Botswana (R = 0.519, p = 0.000&lt;0.05). The study further found that there existed a significant positive relationship between service availability and customer loyalty of mobile telecommunication service subscribers in Botswana (β = 0.638, p = 0.000&lt;0.05). The study concluded that efficiency, fulfilment, and service availability had a significant positive effect in customer loyalty in the telecommunications sector of Botswana. The study recommended the improvement of service efficiency; mitigating regular transaction timeouts; enhancing customer knowledge management and customer relationship management; undertaking of gap analysis and conducting of quality circles. Keywords: Customer loyalty, Customer satisfaction, Electronic Service Quality, Efficiency, Fulfilment, service availability.

Is digitalization a booster for economic growth in Africa? Short run and long run evidence from Tanzania

The least developed countries (LDCs) must experience faster economic growth rates if they are to catch up to the industrialized nations. A key factor in advancing economic growth and development in the digital age are information and communication technologies (ICT). We use time series data from 1994 to 2021 and use an autoregressive distributed lag (ARDL) technique to estimate the effects of ICT on GDP growth for Tanzania, the world's most populous country located entirely south of the equator. We establish a causal relationship between ICT infrastructure/access and GDP growth in Tanzania, accounting for both short-run and long-run dynamics. In particular, mobile telephone subscription growth exhibits a significant impact on economic growth in both the short and the long run in Tanzania. This suggests that, at early stages of digitalization, adoption of mobile telecommunications gives a boost to economic growth, as early adapters tend to be very effective users. However, diminishing marginal returns appear to result, as other production factors may not fully absorb technological advancements.

How ICT Development Since the 1990s Has Contributed Differently to Gender Equality in High-income, Middle-income and Low-income Countries

Gender inequality is a global issue. It is well known that ICT (Information and Communications Technology) development has a place in promoting gender equality, and many international organizations that aim to promote gender equality have adopted measures on ICT expansion in the process of promoting gender equality. Since the 1990s, ICT has been introduced almost globally, and the lack of access to ICT has improved even in the more disadvantaged regions. The existing literatures have answered positively to the question of whether ICT has contributed to the development of gender equality, but no studies have been conducted to determine whether ICT development has had a different impact on the promotion of gender equality in high-income, middle-income, and low-income countries, and middle- and low- income countries are at different stages of development. If it is true that development of gender equality in middle- and low-income countries has been deeply influenced by ICT development, it can be assumed that the continued promotion of ICT development is effective in reducing gender gap in these countries. Therefore, in this paper, GDI (Gender Development Index), HDI (Human Development Index), GGGI (Global Gender Gap Index), investment in ICT with private participation (current US$), mobile cellular subscriptions, individuals using the Internet (% of population), and fixed broadband subscriptions were used to explore whether the development of ICT since the 1990s has had a differential impact on the development of gender equality in the United States, Norway, Mexico, China, Mali, and Yemen. The final result showed that the contribution of ICT development to gender equality since the 1990s is more significant in middle- and low-income countries, and the positive correlation between ICT development and gender equality is more pronounced in middle- and low-income countries.

Representativeness of a mobile phone-based coverage evaluation survey following mass drug administration for soil-transmitted helminths: a comparison of participation between two cross-sectional surveys

ObjectivesWith increasing mobile phone subscriptions, phone-based surveys are gaining popularity with public health programmes. Despite advantages, systematic exclusion of participants may limit representativeness. Similar to control programmes for neglected tropical...

The Role of Digital Finance in Economic Development: A Cross Country Analysis

Nations having strong infrastructure on digital platform are likely to have more acceleration in digital finance sector and reap the benefits of this sector. The term digital finance means to provide financial services through personal computers, mobile phones or any reliable digital payment system. Digital finance has the capacity to give convenient, inexpensive and firm banking services. Financial inclusion is a win-win situation that is fulfill by digital finance. Sufficient evidences confirms that internet penetration and mobile phones built up sturdy infrastructure for digital finance and thus support in boosting economic development. Therefore, the objective of this research is to examine the impact of digital finance on World’s economic development. By pursuing the fulfillment of objective, this study collected the data of 77 countries from during the period from 2011 to 2021 and adopted two step system Generalized method of moments (GMM) to inspect the effects of mobile cellular subscriptions and internet usage on economic development parameters. Our findings indicate that mobile cellular services and internet uses have better impact on economic growth and per capita income. These findings also proposes some major policy implementations especially for developing countries that they must adopt such policies which make better ground to promote digital financial system and thus move ahead to cashless economies in order to get immense benefits from it.