E-government performance and Economic Growth in OPEC Countries: A cointegrated panel analysis
Abstract
This paper uses empirical evidence to examine the causality relationship between electricity consumption and economic growth in OPEC countries by using annually data (1980-2011), this paper utilizes the panel cointegration and panel based error correction approach models, framework. Also, this paper uses empirical evidence to examine the adoption of e-Government services in these countries. The superiority of our article is in applying FMOLS estimation method for heterogeneous panels, has stable and consistent coefficients and is also a dynamic model. Moreover, with regard to previous studies, our paper includes more countries which increase the reliability of the results. The results show that in the short-run, the Granger causality runs from economic growth to e-government performance in these countries. However, in the long run there is bi-directional Granger causality relationship for these country.
Keywords: OPEC Countries, ICT industry, e-Government, economic growth, Panel cointegration; Causality.
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