Investigating effects of ICT infrastructure on economic growth: data flow perspective based on China’s evidence
DOI: https://doi.org/10.3846/tede.2026.26229Abstract
This study employs a mediating effect model and the Generalized Method of Moments (GMM) approach to examine the direct effect of ICT on the economy and the mediating role of data flow in the ICT – economic growth nexus. The results indicate that ICT significantly enhances data flow intensity, which in turn promotes economic growth. Moreover, both the direct effect of ICT and the mediating role of data flow are more pronounced in developed regions compared to underdeveloped areas. Further analysis shows that with the implementation of the policy, the mediating effect of data flow shifted from being insignificant (2006–2010) to significant (2011–2019). This study contributes to the understanding of the digital divide, highlighting potential drivers such as disparities in ICT infrastructure and data flow inequality. The government should develop tailored ICT development policies based on the region’s economic level to fully harness the benefits of digitalization.
First published online 18 May 2026
Keywords:
ICT infrastructure, economic growth, mediation effect, regional disparity, digital divideHow to Cite
Share
License
Copyright (c) 2026 The Author(s). Published by Vilnius Gediminas Technical University.

This work is licensed under a Creative Commons Attribution 4.0 International License.
References
Adam, I. O., & Dzang Alhassan, M. (2021). Bridging the global digital divide through digital inclusion: The role of ICT access and ICT use. Transforming Government: People, Process and Policy, 15(4), 580–596. https://doi.org/10.1108/TG-06-2020-0114
Appiah-Otoo, I., & Song, N. (2021). The impact of ICT on economic growth-Comparing rich and poor countries. Telecommunications Policy, 45(2), Article 102082. https://doi.org/10.1016/j.telpol.2020.102082
Arellano, M., & Bond, S. (1991). Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations. The Review of Economic Studies, 58(2), 277–297. https://doi.org/10.2307/2297968
Anderson, T. W., & Hsiao, C. (1982). Formulation and estimation of dynamic models using panel data. Journal of Econometrics, 18(1), 47–82. https://doi.org/10.1016/0304-4076(82)90095-1
Bąk, M., & Borkowski, P. (2015). Applicability of ICT solutions in passenger transport – case studies from different European backgrounds. Transport, 30(3), 372–381. https://doi.org/10.3846/16484142.2015.1079552
Bakry, W., Nghiem, X.-H., Farouk, S., & Vo, X. V. (2023). Does it hurt or help? Revisiting the effects of ICT on economic growth and energy consumption: A nonlinear panel ARDL approach. Economic Analysis and Policy, 78, 597–617. https://doi.org/10.1016/j.eap.2023.03.026
Besher, K. M., Subah, Z., & Ali, M. Z. (2021). IoT sensor initiated healthcare data security. IEEE Sensors Journal, 21(10), 11977–11982. https://doi.org/10.1109/JSEN.2020.3013634
Bezuidenhout, L. M., Leonelli, S., Kelly, A. H., & Rappert, B. (2017). Beyond the digital divide: Towards a situated approach to open data. Science and Public Policy, 44(4), 464–475. https://doi.org/10.1093/scipol/scw036
Bibria, S. E., & Krogstie, J. (2017). On the social shaping dimensions of smart sustainable cities: A study in science, technology, and society. Sustainable Cities and Society, 29, 219–46. https://doi.org/10.1016/j.scs.2016.11.004
Brandín, R., & Abrishami, S. (2024). IoT-BIM and blockchain integration for enhanced data traceability in offsite manufacturing. Automation in Construction, 159, Article 105266. https://doi.org/10.1016/j.autcon.2024.105266
Cai, J., Liu, Y., Gao, H., & Chen, C. (2022). The approach of data factor participating in value creation: A general equilibrium analysis based on the general theory of value. Journal of Management World, 7, 108–119 (in Chinese). https://doi.org/10.19744/j.cnki.11-1235/f.2022.0096
Caiazza, C., Giordano, S., Luconi, V., & Vecchio, A. (2022). Edge computing vs centralized cloud: Impact of communication latency on the energy consumption of LTE terminal nodes. Computer Communications, 194, 213–225. https://doi.org/10.1016/j.comcom.2022.07.026
Canarella, G., & Miller, S. M. (2018). The determinants of growth in the U.S. information and communication technology (ICT) industry: A firm-level analysis. Economic Modelling, 70, 259–271. https://doi.org/10.1016/j.econmod.2017.11.011
Cariolle, J. (2021). International connectivity and the digital divide in Sub-Saharan Africa. Information Economics and Policy, 55, Article 100901. https://doi.org/10.1016/j.infoecopol.2020.100901
Caron, P.-O. (2019). A comparison of the type I error rates of three assessment methods for indirect effects. Journal of Statistical Computation and Simulation, 89(8), 1343–1356. https://doi.org/10.1080/00949655.2019.1577858
Chen, X., Gong, X., Li, D., & Zhang, J. (2019). Can information and communication technology reduce CO2 emission? A quantile regression analysis. Environmental Science and Pollution Research, 26, 32977–32992. https://doi.org/10.1007/s11356-019-06380-8
Chen, Y. (2024). The empirical study on producer service industry and economic growth in China. The Journal of Economic Integration, 39(4), 921–940. https://doi.org/10.11130/jei.2024025
Chien, M.-S., Cheng, C.-Y., & Kurniawati, M. A. (2020). The non-linear relationship between ICT diffusion and financial development. Telecommunications Policy, 44(9), Article 102023. https://doi.org/10.1016/j.telpol.2020.102023
Ciampi, F., Demi, S., Magrini, A., Marzi, G., & Papa, A. (2021). Exploring the impact of big data analytics capabilities on business model innovation: The mediating role of entrepreneurial orientation. Journal of Business Research, 123, 1–13. https://doi.org/10.1016/j.jbusres.2020.09.023
Custers, B., & Uršič, H. (2016). Big data and data reuse: A taxonomy of data reuse for balancing big data benefits and personal data protection. International Data Privacy Law, 6(1), 4–15. https://doi.org/10.1093/idpl/ipv028
Das, S., & Chatterjee, A. (2023). Impacts of ICT and digital finance on poverty and income inequality: A sub-national study from India. Information Technology for Development, 29(2–3), 378–405. https://doi.org/10.1080/02681102.2022.2151556
Ding, Y., Li, Z., Ge, X., & Hu, Y. (2020). Empirical analysis of the synergy of the three sectors’ development and labor employment. Technological Forecasting and Social Change, 160, Article 120223. https://doi.org/10.1016/j.techfore.2020.120223
Dollar, D., & Kraay, A. (2004). Trade, growth, and poverty. The Economic Journal, 114(493), F22–F49. https://doi.org/10.1111/j.0013-0133.2004.00186.x
Du, X., Zhang, H., & Han, Y. (2022). How does new infrastructure investment affect eonomic growth quality? Empirical evidence from China. Sustainability, 14(6), Article 3511. https://doi.org/10.3390/su14063511
Dui, H., Zhang, S., Liu, M., Dong, X., & Bai, G. (2024). IoT-enabled real-time traffic monitoring and control management for intelligent transportation systems. IEEE Internet of Things Journal, 11(9), 15842–15854. https://doi.org/10.1109/JIOT.2024.3351908
Edquist, H., Goodridge, P., Haskel, J., Li, X., & Lindquist, E. (2018). How important are mobile broadband networks for the global economic development? Information Economics and Policy, 45, 16–29. https://doi.org/10.1016/j.infoecopol.2018.10.001
Eliwa, H. K., Jelodar, Mo, B., Poshdar, M., & Zavvari, A. (2024). Organizational infrastructure and information and communication technology infrastructure alignment in construction organizations. Journal of Construction Engineering and Management, 150(7), Article 04024057. https://doi.org/10.1061/JCEMD4.COENG-13808
Fast, V., Schnurr, D., & Wohlfarth, M. (2023). Regulation of data-driven market power in the digital economy: Business value creation and competitive advantages from big data. Journal of Information Technology, 38(2), 202–229. https://doi.org/10.1177/02683962221114394
Fernández-Portillo, A., Almodóvar-González, M., & Hernández-Mogollón, R. (2020). Impact of ICT development on economic growth. A study of OECD European union countries. Technology in Society, 63, Article 101420. https://doi.org/10.1016/j.techsoc.2020.101420
Frank, A. G., Mendes, G. H. S., Ayala, N. F., & Ghezzi, A. (2019). Servitization and Industry 4.0 convergence in the digital transformation of product firms: A business model innovation perspective. Technological Forecasting and Social Change, 141, 341–351. https://doi.org/10.1016/j.techfore.2019.01.014
Furuoka, F. (2018). Is population beneficial to economic growth? An empirical study of China. Quality & Quantity, 52, 209–225. https://doi.org/10.1007/s11135-016-0463-6
Gao, Q., Cheng, C., & Sun, G. (2023). Big data application, factor allocation, and green innovation in Chinese manufacturing enterprises. Technological Forecasting and Social Change, 192, Article 122567. https://doi.org/10.1016/j.techfore.2023.122567
Greco, M, F. D., Minelli, C., Sheehan, N. A., & Thompson, J. R. (2015). Detecting pleiotropy in Mendelian randomisation studies with summary data and a continuous outcome. Statistics in Medicine, 34(21), 2926–2940. https://doi.org/10.1002/sim.6522
Greenacre, M., Groenen, P. J. F., Hastie, T., D’Enza, A. I., Markos, A., & Tuzhilina, E. (2022). Principal component analysis. Nature Reviews Methods Primers, 2, Article 100. https://doi.org/10.1038/s43586-022-00184-w
GSMA Intelligence. (n.d.). https://www.gsmaintelligence.com
Haftu, G. G. (2019). Information communications technology and economic growth in Sub-Saharan Africa: A panel data approach. Telecommunications Policy, 43(1), 88–99. https://doi.org/10.1016/j.telpol.2018.03.010
Haini, H. (2019). Internet penetration, human capital and economic growth in the ASEAN economies: evidence from a translog production function. Applied Economics Letters, 26(21), 1774–1778. https://doi.org/10.1080/13504851.2019.1597250
Hajirahimova, M. S., & Aliyeva, A. S. (2017). About big data measurement methodologies and indicators. International Journal of Modern Education and Computer Science, 9, 1–9. https://doi.org/10.5815/ijmecs.2017.10.01
Hasbi, M. (2020). Impact of very high-speed broadband on company creation and entrepreneurship: Empirical evidence. Telecommunications Policy, 44(3), Article 101873. https://doi.org/10.1016/j.telpol.2019.101873
Hasbi, M., & Dubus, A. (2020). Determinants of mobile broadband use in developing economies: Evidence from Sub-Saharan Africa. Telecommunications Policy, 44(5), Article 101944. https://doi.org/10.1016/j.telpol.2020.101944
Hilbert, M. (2015). Big data for development: A review of promises and challenges. Development Policy Review, 34(1), 135–174. https://doi.org/10.1111/dpr.12142
Hong, J.-p. (2017). Causal relationship between ICT R&D investment and economic growth in Korea. Technological Forecasting and Social Change, 116, 70–75. https://doi.org/10.1016/j.techfore.2016.11.005
Igwama, G. T., Olaboye, J. A., Maha, C. C., Ajegbile, M. D., & Abdul, S. (2024). Big data analytics for epidemic forecasting: Policy Frameworks and technical approaches. International Journal of Applied Research in Social Sciences, 6(7), 1449–1460. https://doi.org/10.51594/ijarss.v6i7.1334
Jang, S.-g., & Gim, T.-H. T. (2022). Considerations for encouraging citizen participation by information-disadvantaged groups in smart cities. Sustainable Cities and Society, 76, Article 103437. https://doi.org/10.1016/j.scs.2021.103437
Janssen, M., Charalabidis, Y., & Zuiderwijk, A. (2012). Benefits, adoption barriers and myths of open data and open government. Information Systems Management, 29(4), 258–268. https://doi.org/10.1080/10580530.2012.716740
Jha, C. K. (2019). Financial reforms and corruption: Evidence using GMM estimation. International Review of Economics & Finance, 62, 66–78. https://doi.org/10.1016/j.iref.2019.03.003
Jorgenson, D. W., Ho, M. S., & Samuels, J. D. (2016). The impact of information technology on postwar US economic growth. Telecommunications Policy, 40(5), 398–411. https://doi.org/10.1016/j.telpol.2015.03.001
Jurado-González, J., & Gómez-Barroso, J. L. G.-B. (2022). Economic complexity and information society paradigms: A hybrid contribution to explain economic growth. Technological and Economic Development of Economy, 28(6), 1871–1896. https://doi.org/10.3846/tede.2022.17104
Katpatal, Y. B., & Thorat, S. (2022). Road infrastructure development index for urban residential layouts using satellite images and the analytical hierarchy process. Journal of Infrastructure Systems, 28(4). https://doi.org/10.1061/(ASCE)IS.1943-555X.0000716
Kenis, P., & Provan, K. G. (2009). Towards an exogenous theory of public network performance. Public Administration, 87(3), 440–456. https://doi.org/10.1111/j.1467-9299.2009.01775.x
Kim, J., Park, J. C., & Komarek, T. (2021). The impact of mobile ICT on national productivity in developed and developing countries. Information & Management, 58(3), Article 103442. https://doi.org/10.1016/j.im.2021.103442
Kumar, P., & Sinha, A. (2021). Information diffusion modeling and analysis for socially interacting networks. Social Network Analysis and Mining, 11, Article 11. https://doi.org/10.1007/s13278-020-00719-7
Kumar, R. R., Stauvermann, P. J., & Samitas, A. (2016). The effects of ICT on output per worker: A study of the Chinese economy. Telecommunications Policy, 40(2–3), 102–115. https://doi.org/10.1016/j.telpol.2015.06.004
Kumari, R., & Singh, S. K. (2023). Impact of ICT Infrastructure, financial development, and trade openness on economic growth: New evidence from low- and high-income countries. Journal of the Knowledge Economy, 15, 7069–7098. https://doi.org/10.1007/s13132-023-01332-7
Kurniawati, M. A. (2020). ICT infrastructure, innovation development and economic growth: a comparative evidence between two decades in OECD countries. International Journal of Social Economics, 48(1), 141–158. https://doi.org/10.1108/IJSE-05-2020-0321
Kušić, K., Schumann, R., & Ivanjko, E. (2023). A digital twin in transportation: Real-time synergy of traffic data streams and simulation for virtualizing motorway dynamics. Advanced Engineering Informatics, 55, Article 101858. https://doi.org/10.1016/j.aei.2022.101858
Lee, C.-C., Shi, J., Zhang, H., & Wen, H. (2025). International tourism development in the digital economy era: The role of ICT services and digital finance. Kybernetes, 54(1), 483–501. https://doi.org/10.1108/K-08-2023-1574
Lee, C.-J., Wang, R., Lee, C.-Y., Hung, C. C. W., & Hsu, S.-C. (2018). Board structure and directors’ role in preventing corporate misconduct in the construction industry. Journal of Management in Engineering, 34(2). https://doi.org/10.1061/(ASCE)ME.1943-5479.0000593
Lee, S. H., Levendis, J., & Gutierrez, L. (2012). Telecommunications and economic growth: An empirical analysis of sub-Saharan Africa. Applied Economics, 44(4), 461–469. https://doi.org/10.1080/00036846.2010.508730
Li, D., Wu, H., Huang, G., Feng, H., & Ding, J. (2023). Spatiotemporal evolution of provincial rural infrastructure development level in China. Journal of Infrastructure System, 29(3), Article 05023005. https://doi.org/10.1061/JITSE4.ISENG-2154
Li, Q., & Wu, Y. (2023). ICT, technological diffusion and economic growth in Chinese cities. Empirical Economics, 64, 1737–1768. https://doi.org/10.1007/s00181-022-02302-9
Li, Y., Li, X., Wang, X., & Feng, C. (2024). Sustainable digital transformation: The nexus between ICT and global green economic growth. Technological and Economic Development of Economy, 30(5), 1275–1305. https://doi.org/10.3846/tede.2024.21050
Liu, R., Yuan, J., Liu, H. J., Su, S., Sun, A., & Liu, B. (2025). Digital transport infrastructure and environmental sustainability: STIRPAT perspective based on China’s evidence. Research in Transportation Business & Management, 59, Article 101314. https://doi.org/10.1016/j.rtbm.2025.101314
Lu, H., Zhao, P., Hu, H., Zeng, L., Wu, K. S., & Lv, D. (2022). Transport infrastructure and urban-rural income disparity: A municipal-level analysis in China. Journal of Transport Geography, 99, Article 103292. https://doi.org/10.1016/j.jtrangeo.2022.103292
Lucas, R. E. (1988). On the mechanics of economic development. Journal of Monetary Economics, 22, 3–43. https://doi.org/10.1016/0304-3932(88)90168-7
Lythreatis, S., Singh, S. K., & El-Kassar, A.-N. (2022). The digital divide: A review and future research agenda. Technological Forecasting and Social Change, 175, Article 121359. https://doi.org/10.1016/j.techfore.2021.121359
Mano, R. (2021). The institutionalization of ICT and civic participation: Evidence from eight European nations. Technology in Society, 64, Article 101518. https://doi.org/10.1016/j.techsoc.2020.101518
Mirshojaeian Hosseini, H., & Kaneko, S. (2011). Dynamic sustainability assessment of countries at the macro level: A principal component analysis. Ecological Indicators, 11(3), 811–823. https://doi.org/10.1016/j.ecolind.2010.10.007
Moldabekova, A., Philipp, R., Reimers, H.-E., & Alikozhayev, B. (2021). Digital technologies for improving logistics performance of countries. Transport and Telecommunication, 22(2), 207–216. https://doi.org/10.2478/ttj-2021-0016
Mueller, M., & Grindal, K. (2019). Data flows and the digital economy: Information as a mobile factor of production. Digital Policy, Regulation and Governance, 21(1), 71–87. https://doi.org/10.1108/DPRG-08-2018-0044
Myovella, G., Karacuka, M., & Haucap, J. (2020). Digitalization and economic growth: A comparative analysis of Sub-Saharan Africa and OECD economies. Telecommunications Policy, 44(2), Article 101856. https://doi.org/10.1016/j.telpol.2019.101856
Nair, M., Pradhan, R. P., & Arvin, M. B. (2020). Endogenous dynamics between R&D, ICT and economic growth: Empirical evidence from the OECD countries. Technology in Society, 62, Article 101315. https://doi.org/10.1016/j.techsoc.2020.101315
Ndoya, H., Okere, D., Belomo, M. l., & Atangana, M. (2023). Does ICTs decrease the spread of informal economy in Africa? Telecommunications Policy, 47(2), Article 102485. https://doi.org/10.1016/j.telpol.2022.102485
Niebel, T. (2018). ICT and economic growth – Comparing developing, emerging and developed countries. World Development, 104, 197–211. https://doi.org/10.1016/j.worlddev.2017.11.024
Oyelami, L. O., Sofoluwe, N. A., & Ajeigbe, O. M. (2022). ICT and agricultural sector performance: Empirical evidence from sub-Saharan Africa. Future Business Journal, 8, Article 18. https://doi.org/10.1186/s43093-022-00130-y
Ozili, P. K. (2018). Impact of digital finance on financial inclusion and stability. Borsa Istanbul Review, 18(4), 329–340. https://doi.org/10.1016/j.bir.2017.12.003
Pack, H. (1994). Endogenous growth theory: Intellectual appeal and empirical shortcomings. Journal of Economic Perspectives, 8(1), 55–72. https://doi.org/10.1257/jep.8.1.55
Pang, B., Liu, R., & Yuan, J. (2022). The influence of real estate investment on economic development from new production element perspective. In J. Li, W. Lu, Y. Peng, H. Yuan, & D. Wang (Eds.), Lecture notes in operations research: Proceedings of the 27th International Symposium on Advancement of Construction Management and Real Estate. CRIOCM 2022, (pp. 253–264). Hong Kong, China. Springer. https://doi.org/10.1007/978-981-99-3626-7_20
Park, W. G. (2008). International patent protection: 1960–2005. Research Policy, 37(4), 761–766. https://doi.org/10.1016/j.respol.2008.01.006
Peng, Z., & Dan, T. (2023). Digital dividend or digital divide? Digital economy and urban-rural income inequality in China. Telecommunications Policy, 47(9), Article 102616. https://doi.org/10.1016/j.telpol.2023.102616
Philip, L., Cottrill, C., Farrington, J., Williams, F., & Ashmore, F. (2017). The digital divide: Patterns, policy and scenarios for connecting the ‘final few’ in rural communities across Great Britain. Journal of Rural Studies, 54, 386–398. https://doi.org/10.1016/j.jrurstud.2016.12.002
Pradhan, R. P., Arvin, M. B., Bahmani, S., & Norman, N. R. (2014). Telecommunications infrastructure and economic growth: Comparative policy analysis for the G-20 developed and developing countries. Journal of Comparative Policy Analysis: Research and Practice, 16(5), 401–423. https://doi.org/10.1080/13876988.2014.960227
Pradhan, R. P., Arvin, M. B., & Hall, J. H. (2016a). Economic growth, development of telecommunications infrastructure, and financial development in Asia, 1991–2012. The Quarterly Review of Economics and Finance, 59, 25–38. https://doi.org/10.1016/j.qref.2015.06.008
Pradhan, R. P., Arvin, M. B., Mittal, J., & Bahmani, S. (2016b). Relationships between telecommunications infrastructure, capital formation, and economic growth. International Journal of Technology Management, 70(2–3), 157–176. https://doi.org/10.1504/IJTM.2016.075158
Pradhan, R. P., Mallik, G., & Bagchi, T. P. (2018). Information communication technology (ICT) infrastructure and economic growth: A causality evinced by cross-country panel data. IIMB Management Review, 30(1), 91–103. https://doi.org/10.1016/j.iimb.2018.01.001
Pradhan, R. P., Arvin, M. B., Nair, M., Bennett, S. E., & Bahmani, S. (2019). Short-term and long-term dynamics of venture capital and economic growth in a digital economy: A study of European countries. Technology in Society, 57, 125–134. https://doi.org/10.1016/j.techsoc.2018.11.002
Pradhan, R. P., Arvin, M. B., & Nair, M. (2021). Urbanization, transportation infrastructure, ICT, and economic growth: A temporal causal analysis. Cities, 115, Article 103213. https://doi.org/10.1016/j.cities.2021.103213
Reggi, L., & Gil-Garcia, J. R. (2021). Addressing territorial digital divides through ICT strategies: Are investment decisions consistent with local needs? Government Information Quarterly, 38(2), Article 101562. https://doi.org/10.1016/j.giq.2020.101562
Rezgallah, H., Özataç, N., & Katircioğlu, S. (2019). The impact of political instability on risk‐taking in the banking sector: International evidence using a dynamic panel data model (System‐GMM). Managerial and Decision Economics, 40(8), 891–906. https://doi.org/10.1002/mde.3075
Ruiz, A., & Guevara, J. (2020). Environmental and economic impacts of road infrastructure development: Dynamic considerations and policies. Journal of Management in Engineering, 36(3). https://doi.org/10.1061/(ASCE)ME.1943-5479.0000755
Samara, E., Andronikidis, A., Komninos, N., Bakouros, Y., & Katsoras, E. (2022). The role of digital technologies for regional development: A system dynamics analysis. Journal of the Knowledge Economy, 14, 2215–2237. https://doi.org/10.1007/s13132-022-00951-w
Sandoval Hamón, L. A., Ruiz Peñalver, S. M., Thomas, E., & Fitjar, R. D. (2022). From high-tech clusters to open innovation ecosystems: A systematic literature review of the relationship between science and technology parks and universities. The Journal of Technology Transfer, 49, 689–714. https://doi.org/10.1007/s10961-022-09990-6
Shiha, A., & Dorra, E. M. (2023). Resilience index framework for the construction industry in developing countries. Journal of Construction Engineering and Management, 149(4), Article 04023008. https://doi.org/10.1061/JCEMD4.COENG-12942
Silva, V., De Oliveira, D., Valduriez, P., & Mattoso, M. (2016). Analyzing related raw data files through dataflows. Concurrency and Computation: Practice and Experience, 28(8), 2528–2545. https://doi.org/10.1002/cpe.3616
Simoni, M. D., Pel, A. J., Waraich, R. A., & Hoogendoorn, S. P. (2015). Marginal cost congestion pricing based on the network fundamental diagram. Transportation Research Part C: Emerging Technologies, 56, 221–238. https://doi.org/10.1016/j.trc.2015.03.034
Solow, R. M. (1956). A contribution to the theory of economic growth. The Quarterly Journal of Economics, 70(1), 65–94. https://doi.org/10.2307/1884513
Song, H., Li, M., & Yu, K. (2021). Big data analytics in digital platforms: How do financial service providers customise supply chain finance? International Journal of Operations & Production Management, 41(4), 410–435. https://doi.org/10.1108/IJOPM-07-2020-0485
Sun, W., Wang, C., Liu, C., & Wang, L. (2021). High-speed rail network expansion and its impact on regional economic sustainability in the Yangtze River Delta, China, 2009–2018. Sustainability, 14(1), Article 155. https://doi.org/10.3390/su14010155
Swan, T. W. (1956). Economic growth and capital accumulation. The Economic Record, 32(2), 334–361. https://doi.org/10.1111/j.1475-4932.1956.tb00434.x
Sweeney, S., & Winn, N. (2022). Understanding the ambition in the EU’s Strategic Compass: A case for optimism at last? Defence Studies, 22(2), 192–210. https://doi.org/10.1080/14702436.2022.2036608
Tao, F., Qi, Q., Liu, A., & Kusiak, A. (2018). Data-driven smart manufacturing. Journal of Manufacturing Systems, 48, 157–169. https://doi.org/10.1016/j.jmsy.2018.01.006
Tariq, W., Usman, M., Tariq, A., Rashid, R., Yin, J., Memon, M. A., & Ashfaq, M. (2021). Bank maturity, income diversification, and bank stability. Journal of Business Economics and Management, 22(6), 1492–1511. https://doi.org/10.3846/jbem.2021.15583
Vahid Aqili, S., & Isfandyari Moghaddam, A. (2008). Bridging the digital divide. The Electronic Library, 26(2), 226–237. https://doi.org/10.1108/02640470810864118
Veldkamp, L., & Chung, C. (2024). Data and the aggregate economy. Journal of Economic Literature, 62(2), 458–484. https://doi.org/10.1257/jel.20221580
Vetrò, A., Canova, L., Torchiano, M., Minotas, C. O., Iemma, R., & Morando, F. (2016). Open data quality measurement framework: Definition and application to Open Government Data. Government Information Quarterly, 33(2), 325–337. https://doi.org/10.1016/j.giq.2016.02.001
Vu, K. M. (2011). ICT as a source of economic growth in the information age: Empirical evidence from the 1996–2005 period. Telecommunications Policy, 35(4), 357–372. https://doi.org/10.1016/j.telpol.2011.02.008
Verspagen, B. (2009). The spatial hierarchy of technological change and economic development in Europe. The Annals of Regional Science, 45, 109–132. https://doi.org/10.1007/s00168-009-0293-8
Wang, Q., Hu, S., & Li, R. (2024). Could information and communication technology (ICT) reduce carbon emissions? The role of trade openness and financial development. Telecommunications Policy, 48(3), Article 102699. https://doi.org/10.1016/j.telpol.2023.102699
Wei, W., Nowak, J., & Rolf, S. (2024). Leapfrog logistics: Digital trucking platforms, infrastructure, and labor in Brazil and China. Review of International Political Economy, 31(3), 930–954. https://doi.org/10.1080/09692290.2023.2267074
Wu, H. X., & Yu, C. (2022). The impact of the digital economy on China’s economic growth and productivity performance. China Economic Journal, 15(2), 153–170. https://doi.org/10.1080/17538963.2022.2067689
World Bank. (2022). Central African Republic – Public Sector Digital Governance Project (P174620). https://documents1.worldbank.org/curated/en/283361648600399938/pdf/Central-African-Republic-Public-Sector-Digital-Governance-Project.pdf
Yahyaoui, I. (2024). Does the interaction between ICT diffusion and economic growth reduce CO2 emissions? An ARDL approach. Journal of the Knowledge Economy, 15, 661–681. https://doi.org/10.1007/s13132-022-01090-y
Yan, M., Wang, C., & Zhang, W. (2023). Nonlinear impacts of information and communications technology investment on industrial structure upgrading: The role of marketization. Applied Economics Letters, 30(3), 336–342. https://doi.org/10.1080/13504851.2021.1985066
Yang, J., Kwon, Y., & Kim, D. (2021). Regional smart city development focus: The south Korean national strategic smart city program. IEEE Access, 9, 7193–7210. https://doi.org/10.1109/ACCESS.2020.3047139
Yeo, Y., Hwang, W.-S., & Lee, J.-D. (2023). The shrinking middle: Exploring the nexus between information and communication technology, growth, and inequality. Technological and Economic Development of Economy, 29(3), 874–901. https://doi.org/10.3846/tede.2023.18713
Yi, M., Fang, X., & Zhang, Y. (2019). The differentiated influence of technology absorption on regional eonomic growth in China. Sustainability, 11(2), Article 450. https://doi.org/10.3390/su11020450
Yue, H., Wang, Q., Zhao, H., Zeng, N., & Tan, Y. (2024). Deep learning applications for point clouds in the construction industry. Automation in Construction, 168, Article 105769. https://doi.org/10.1016/j.autcon.2024.105769
Zhang, F., Wang, F., Yao, S., & Fu, F. (2023). High-speed rail and tourism expansion in China: A spatial spillover effect perspective. Technological and Economic Development of Economy, 29(6), 1753–1775. https://doi.org/10.3846/tede.2023.19813
Zhang, P., Wang, J., Li, M., & Xiao, F. (2022). Research on the mechanism of information infrastructure affecting industrial structure upgrading. Scientific Reports, 12, Article 19962. https://doi.org/10.1038/s41598-022-24507-9
View article in other formats
Published
Issue
Section
Copyright
Copyright (c) 2026 The Author(s). Published by Vilnius Gediminas Technical University.
License

This work is licensed under a Creative Commons Attribution 4.0 International License.