Impact of Digital Infrastructure on Indian Economic Growth
Published: 2023
Author(s) Name: Suman Makkar, Aarushi Rajpal |
Author(s) Affiliation: Department of Evening Studies, Multi-Disciplinary Research Centre, Panjab University, Chandigarh.
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Abstract
Digital Infrastructure has become a significant
necessity for economic growth
acting complementary to traditional
social and economic infrastructure factors
like health, education, power and
roads. It lays down roots of connectivity,
availability and affordability facilitating
better distribution of resources.
With strong technological development
like high quality broadband, mobile
connectivity and digitalization India
aims to become a digitally empowered
economy. The present study attempts to
analyze role of Digital Infrastructure in
contributing to Indian economic growth
during 2001-2019 using Autoregressive
Distributed Lag (ARDL) Bounds Testing
Approach to Cointegration. It has been
observed that Fixed Telephone Subscription
has negative impact on economic
growth while Mobile Cellular
Subscription impacts it positively.
Though Fixed Broadband Subscription
impacts significantly in short run but
has insignificant impact in the long run.
Keywords: N.A.
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