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Privatization, ICTs and Economic Development: Elucidating Multivariate Data Analyses

Chitu Okoli
Concordia University, Canada


Abstract
We investigated the effects of various factors related to telecommunications that affect economic activity in 205 countries. Specifically, we examined the effects of demographic characteristics, privatization of the telecommunications industry, investment in telecommunications, and infrastructure for information and communication technologies (ICT). In our study, we used various appropriate statistical techniques to investigate five questions pertinent to policy and decision makers who work in the area of national-level telecommunications: 1. What are the most important dimensions of ICT infrastructure? How can we use these dimensions to simplify our analyses of the effects of telecommunications on economic activity? 2. What is the relationship between telecommunication-related factors and economic activity, from the perspective of dollar-value measures of economic activity? 3. What is the relationship between telecommunication-related factors and economic activity, from the perspective of measures of economic activity that group similar countries together? 4. How do different groupings of pertinent telecommunication-related factors affect the economic activity of countries? 5. How can we group countries together based on their telecommunications infrastructure in a way that can help us understand their other telecommunication-related factors and economic activity better?

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Reference:Okoli, C. (2003). "Privatization, ICTs and Economic Development: Elucidating Multivariate Data Analyses," . Sprouts: Working Papers on Information Systems, 3(23). http://sprouts.aisnet.org/3-23
Keywords:Telecommunications, privatization, information and communication technologies, ICT, economic development, multivariate data analysis
Item Type:Article - Volume 3 Article 23 (2003)
Language:English
Email: Chitu Okoli (Chitu.Okoli@concordia.ca)
Additional Information:This paper was my project for MKT 7716, Multivariate Data Analysis, at Louisiana State University, Baton Rouge, USA, taught by Professor William Black.

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