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Has the Internet Saved the Economy? Modeling Impact of ICT Sector and COVID-19 on GDP

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dc.abstract.enThis paper presents the influence of the COVID19 pandemic on gross domestic product (GDP) per capita for the 27 countries of the European Union. A panel model with fixed effects was applied to a dataset from 2010 to 2020. The analysis covered 13 independent variables, including nine related to the telecommunications market, and assessed their impact on GDP per capita. A variable related to the number of COVID-19 deaths per one thousand inhabitants was then added to the model. The results showed that COVID-19 is a significant factor and is negatively correlated with GDP per capita. The analysis described in the article has also shown that the importance of the ICT sector increased during the pandemic, i.e. the household broadband Internet variable became statistically significant
dc.affiliationUniwersytet Warszawski
dc.contributor.authorSylwestrzak, Marek
dc.contributor.authorSzałański, Michał
dc.contributor.authorOlender-Skorek, Magdalena
dc.date.accessioned2024-01-25T02:59:44Z
dc.date.available2024-01-25T02:59:44Z
dc.date.copyright2021-12-30
dc.date.issued2021
dc.description.accesstimeAT_PUBLICATION
dc.description.financePublikacja bezkosztowa
dc.description.number4
dc.description.versionFINAL_PUBLISHED
dc.identifier.issn1509-4553
dc.identifier.urihttps://repozytorium.uw.edu.pl//handle/item/108305
dc.identifier.weblinkhttps://www.il-pib.pl/czasopisma/JTIT/2021/4/61.pdf
dc.languageeng
dc.pbn.affiliationeconomics and finance
dc.relation.ispartofJournal of Telecommunications and Information Technology
dc.relation.pages61-67
dc.rightsCC-BY
dc.sciencecloudnosend
dc.subject.enCOVID-19, European Union, GDP, ICT sector
dc.titleHas the Internet Saved the Economy? Modeling Impact of ICT Sector and COVID-19 on GDP
dc.typeJournalArticle
dspace.entity.typePublication