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Authors
Affiliations
1 Department of Economics, Banaras Hindu University, Varanasi, IN
2 Dept of Economics, Banaras Hindu University, Varanasi, IN
Source
Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 50, No 3 (2008), Pagination: 195-208
Abstract
In the emerging global economy telecommunication sector has made a significant impact on economic growth. Amongst various components of infrastructure, telecommunication as a determinant of economic growth is somewhat different because of the network externalities, a phenomenon that increases the value of service with increasing number of users. Recent growth in network infrastructure and tele-accessibility in India has been phenomenal. The present study investigates into causal relationship between rapidly developing telecommunication industry and economic growth in India. It is found that in the short-run, growth of telecommunication is influenced by growth in the Gross Domestic Product (GDP), while the reverse does not hold true.
