International Journal of Entrepreneurship, Business, and Creative Economy
Vol. 3 No. 1 (2023): January

Mobile Telecommunication and Economic Growth: Evidence from ARDL Modeling

Ibrahim Musa (University of Abuja, Nigeria)
Sule Magaji (University of Abuja, Nigeria)
Ali Salisu (Bayero University, Kano, Nigeria)



Article Info

Publish Date
30 Jan 2023

Abstract

This study examines the impact of mobile telephone on economic growth in Nigeria using ARDL (Autoregressive distributed lag) as methodology, with data from 2001-2017. The study reveals that mobile penetration had a positive impact on real GDP per capita. Which means as more people get access to mobile phones, GDP per capita is expected to grow. 10% increase in mobile penetration will lead to a 0.5 % increase in average annual GDP per capita. The study concludes that mobile telephony can aid sustainable economic development when used appropriately, with the full participation of all stakeholders, especially in a country like Nigeria. The intrinsic value of telecommunications lies not in easing communications and information, but in enabling growth and development. The study recommends that Consumer protection policies are needed to protect consumers from unfair calls and mobile data charges will ensure consumer get the value for their money, which will lead to increased consumption and investment in the industry.

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Journal Info

Abbrev

ijebce

Publisher

Subject

Humanities Economics, Econometrics & Finance Social Sciences

Description

Topic included in the journal are: Entreprenuship spesific topic cover but not limited to: Strategic dimensions of growth, The entrepreneur as manager of a growing company, Financing company growth, Internationalization and growth, The acquisitions process of a growing company, Teaching ...