چکیده:
nformation and Communications Technologies( ICT) are transforming our world on a daily basis. In a fast-moving global economy,international trade, by adopting electronic technologies, could save billionsof dollars every year. ICT development which has lead to faster, cheaper and more efficient modes of trade by reducing transactions costs. Due tothe network characteristic of ICT, trade enhances when both trading partners have advanced ICT developments. The study analyzes empirically this theoretical argument. A gravity model is applied to assessthe impact of ICT development on trade in Persian Gulf countries. In this study, it was tried to investigate the impact of ICT on business in the neighboring countries to the Persian Gulf. The obtained results from thegravity model assessment using panel data method for the countries ofIran, Bahrain, Iraq, Saudi Arabia, Oman, Kuwait, Qatar, and UAE from2001 to 2009 showed that the better ICT development infrastructures the countries have, the more their business exchanges increase. In fact, forcountry business partners to increase business exchanges, it is imperativeto have proper ICT development
خلاصه ماشینی:
The Impact of ICT on Trade in Persian Gulf Countries Tayebeh Farahani ∗ Reza Parvardeh ∗∗ Received: 2011/11/26 Accepted: 2012/05/30 Abstract nformation and Communications Technologies( ICT) are transforming our world on a daily basis.
A gravity model is applied to assessthe impact of ICT development on trade in Persian Gulf countries.
The obtained results from thegravity model assessment using panel data method for the countries ofIran, Bahrain, Iraq, Saudi Arabia, Oman, Kuwait, Qatar, and UAE from2001 to 2009 showed that the better ICT development infrastructures the countries have, the more their business exchanges increase.
In this paper, we assess the impact of ICT on trade in Persian Gulf countries because this area is an important business center.
An attempt is made to establish a positive link between ICT and trade by applying the gravity model in Persian Gulf countries.
As the present study focuses on Persian Gulf countries and economics of these countries is more governmental, export data seem the best choice for modeling trade.
3-3- Regression Specifications: As mentioned, ICT is not modelled via dummy a variable in this section due to the application of the fixed effects estimator.
ICT development in exporter and importer countries almost has same effect on trade.
The estimation results indicate that ICT development has a significant positive impact on trade.
The estimation results indicate that ICT development has a significant positive impact on trade.
The results suggest that ICT development in exporter and importer countries almost has same effect on trade.