Financial Development, the Structure of Capital Markets, and the Global Digital Divide

Financial Development, the Structure of Capital Markets, and the Global Digital Divide
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... READ MORE...

Publication date: November 2006
ISBN 9781451865189
$18.00

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