Research Paper
Year: 2018 | Month: May | Volume: 5 | Issue: 5 | Pages: 36-45
Modelling Information and Communication Technology (ICT) Factors on Economic Growth in Rwanda Using Multiple Regression Model
Valentine Tuyisabe, Dr. Joseph K. Mung’atu, Dr. Marcel Ndengo
Jomo Kenyatta University of Agriculture and Technology, Kenya
Corresponding Author: Valentine Tuyisabe
ABSTRACT
The information and communication technology (ICT) has been accelerated dramatically over the past decade. Increased ICT production and use has the potential to influence economic growth. This research focuses on the linkage between ICT factors (e-commerce, e-health and mobile banking) to economic growth in Rwanda and we summarize the findings and the literature on the contribution of ICT to economic growth. In this research it was attempted to show statistically the influence of electronic commerce (e-commerce), e-health and mobile banking on economic growth at country level, since theses ICT factors promotes consumption, investment, savings, education and so on. Multiple regression model was used to examine the relationship between economic growth and ICT factors (mobile banking, e-commerce and e-health). The research for influence of ICT factors to economic growth in Rwanda, found that mobile banking adherence and e-health are statistically significant to economic growth and e-commerce is not statistically significant. The researcher approved that the predicted economic growth= 1.805+0.318 mobile banking-0.018 e-commerce-0.286e-health as the results from sample taken.
Key words: ICT, economic growth, mobile banking, e-commerce, e-health
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