Tóm tắt:
Mục tiêu của bài báo này là đánh giá tác động của hạ tầng công nghệ thông tin truyền thông (ICT), phát triển tài chính đến ổn định kinh tế tại các quốc gia châu Á. Tác giả sử dụng ước lượng FGLS đối với dữ liệu bảng tĩnh bao gồm 28 quốc gia châu Á trong giai đoạn 2010-2023. Kết quả ước lượng mô hình chỉ ra rằng, phát triển tài chính (FD) có tác động ngược chiều đến sự ổn định tăng trưởng kinh tế và ổn định lạm phát, có thể do những rủi ro và bất ổn trong thị trường tài chính (TTTC). Ngược lại, biến ICT lại có tác động cùng chiều đến ổn định tăng trưởng kinh tế và ổn định lạm phát, cho thấy rằng việc đầu tư vào ICT có thể là một chiến lược quan trọng để nâng cao sự ổn định và bền vững trong tăng trưởng kinh tế và lạm phát. Tuy nhiên, không có bằng chứng cho thấy biến ICT tác động đến ổn định tỷ giá tại các quốc gia châu Á.
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Abstract:
This study analyzes the impact of information and communication technology (ICT) infrastructure and financial development on economic stability in 28 Asian countries from 2010 to 2023. Using the FGLS method to address the issue of heteroscedasticity in static panel data, the research results indicate that financial development (FD) has a negative impact on the stability of economic growth and inflation stability, possibly due to risks and instabilities in financial markets. In contrast, ICT infrastructure has a strong positive impact, suggesting that investing in ICT can be a crucial strategy to enhance stability and sustainability in economic growth and inflation. However, there is no evidence that ICT infrastructure affects exchange rate stability in Asian countries.