An Empirical Analysis of Economic Performance of Asian Economies: The Role of Electronic Government

Information and communication technology (ICT) plays a key role in explaining the growth patterns of an economy. Many of Asian economies have exhibited high growth patterns in recent years. What explains economic performance of Asian economies? Does implementation of ICT in public sector matters for the growth of Asian economies? To answer this question, this study analytically explores and empirically tests the linkages of ICT in public sector with economic performance reusing the panel data of 34 Asian economies over the period 2003-2015. For empirical analysis, this study uses Fixed Effects, Random Effects, and System Generalized Method of Moments (SGMM) estimation techniques. The empirical results show that e-government plays a positive and significant role in economic performance of the Asian economies. This finding remains robust even after controlling the effects of trade, government consumption and inflation.