Financial Development, the Structure of Capital Markets, and the Global Digital Divide / / Charles Amo Yartey

• Autore: Yartey Charles Amo
• Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2006
• Descrizione fisica: 1 online resource (30 p.)
• Soggetto topico: Capital market; Digital divide; Exports and Imports; Finance: General; Public Finance; Demography; Financial Markets and the Macroeconomy; Taxation, Subsidies, and Revenue: General; General Financial Markets: General (includes Measurement and Data); Demographic Economics: General; International Investment; Long-term Capital Movements; Finance; Public finance & taxation; Population & demography; Financial sector development; Information technology in revenue administration; Stock markets; Population and demographics; Foreign direct investment; Financial services industry; Revenue; Stock exchanges; Population; Investments, Foreign
• Soggetto geografico: United States
• Note generali: "November 2006."
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: ""Contents""; ""I. INTRODUCTION""; ""II. FINANCE, FINANCIAL STRUCTURE, AND TECHNOLOGICAL DEVELOPMENT""; ""III. CROSS-COUNTRY DIFFUSION OF ICT""; ""IV. METHODOLOGY ""; ""V. EMPIRICAL RESULTS""; ""VI. CONCLUDING REMARKS""
• Sommario/riassunto: This paper examines the role of financial development and financial structure in explaining cross-country diffusion of information communication technology (ICT). Using panel data for 76 emerging and advanced countries for the period 1990-2003, the paper finds that credit and stock market development tends to foster ICT development. Financial structure, however, does not appear to have any significant relationship with ICT development. The conclusions of the paper highlight the role of financial development in the market for knowledge-based products, and are consistent with theoretical predictions. The finding that financial development is an important determinant of ICT development implies that countries with underdeveloped financial markets may continue to lag behind in the use of ICT.
• Titolo autorizzato: Financial Development, the Structure of Capital Markets, and the Global Digital Divide
• ISBN: 1-4623-0338-2; 1-4519-8733-1; 1-283-51353-6; 9786613825988; 1-4519-0971-3
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910788411203321
• Lo trovi qui: Univ. Federico II
• Serie: IMF Working Papers; Working Paper ; ; No. 2006/258