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A Panel Data Model on e-Business Development of Nations

by John, Varughese Kizhakkacharuvil

Title:

A Panel Data Model on e-Business Development of Nations

Author(s):

John, Varughese Kizhakkacharuvil

Issued date:

2017-09-05

Publisher:

e-CASE & e-Tech Fall 2017, Seoul, S. Korea

Citation:

John,Varughese K. (2017), 'A Panel Data Model on e-Business Development of Nations', e-CASE & e-Tech Fall-2017, Seoul, Korea, pp. 4-31.

Abstract:

e-Business development has become a key factor for the sustainable economic growth and development of any nation in this new era of digital revolution. This is a macro level study based on the hypothesis that the e-business development of a nation can be predicted on the basis of four independent estimators, namely, 1) Country Characteristics; 2) Business Sophistication; 3) Technological Readiness; and 4) e-Government Support. A panel data of five years (2012-2016) relating to 132 world countries were collected and analyzed. The objective of the study is to develop a panel data regression model (fixed effect) which could test the theoretical foundation that e-business development of a nation could be predicted by the above four estimators. Suitable measurement indicators are collected from reliable sources like IBRD, IMF, WEF, UNCTAD, UN e-Government Report and the Transparency International for the measurement of the variables in the study. The overall functional relationship of the model is proved statistically significant on obtaining a significant F-value at <1% level and also with a high R-square value. All the coefficients are positive and significant at 1% level and hence it is proved that country characteristics, business sophistication, technological readiness, and e-government support have strong positive association to the e-business development of a nation. The growth of e-business, of course, leads to a raise in investment in Information Communication Technology (ICT) which turned out to a raise in productivity and economic growth of a nation. In conclusion, e-Business development of a nation shall be explained as ‘the formation of a culture of innovation, sophistication, discipline, adaptation, and transformation of businesses and society at large’.

Keyword(s):

e-Business
Innovation
Sophistication
Transformation
Panel data

Resource type:

Research Paper

Extent:

27

Type:

Text

File type:

application/pdf

Language:

eng

Rights:

This work is protected by copyright. Reproduction or distribution of the work in any format is prohibited without written permission of the copyright owner.

Rights holder(s):

Author

URI:

http://repository.au.edu/handle/6623004553/19831
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Copyright © Assumption University.
All Rights Reserved.

Contact Us

The St. Gabriel's Library   
Hua Mak Campus  
Ramkhamhaeng 24, Hua Mak  
Bangkok Thailand 10240  
Tel.: (662) 3004543-62 Ext. 3402  
Fax.: (662) 7191544  
E-Mail Library : library@au.edu  


The Cathedral of Learning Library
Suvarnabhumi Campus
Bang Na-Trad Km. 26 Bangsaothong
Samuthprakarn Thailand 10540
Tel.: (662) 7232024, 7232025
Fax.: (662) 7191544
E-Mail Library : library@au.edu
 

 

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