Analyzing The Statistical Relationship between ICTs and Sustainable Development: Evidence from Egypt

Saad I. A. Elkalawy; Hanan M. Hassan; Yassein M. Ali; Maged A. Hassan; Yousif Osman; Fatma A. Atia

doi:10.61707/q7eyaa60

Authors

Saad I. A. Elkalawy Economics Department, School of Business Administration, King Faisal University, Alhofouf, Saudi Arabia.
Hanan M. Hassan Business Administration Department, College of Business Administration, Taibah University, Madina, Saudi Arabia
Yassein M. Ali Usul al-Din Department, College of Sharia and Islamic Studies, King Faisal University, Alhofouf, Saudi Arabia
Maged A. Hassan Economics Department, The Institute October of Economics, Culture, and Science City, 6 October, Egypt.
Yousif Osman Economics Department, School of Business Administration, King Faisal University, Alhofouf, Saudi Arabia
Fatma A. Atia Economics Department, Imam Mohammed Ibn Saud Islamic University, Riyadh, Saudi Arabia

DOI:

https://doi.org/10.61707/q7eyaa60

Keywords:

Sustainable Development, Information Technology, Capital Accumulation, Labor Force

Abstract

In this paper, we aimed to test the causal relationship between information and communication technology and sustainable development in Egypt. The study relied on the hypothesis that information technology causes sustainable development as measured by real GDP, and that sustainable development causes information technology, A standard model was used to test this causal relationship, relying on the Cointegration method, and using the error correction model (VECM). The results of the test model revealed the existence of a bidirectional causal relationship in the short term from information technology to sustainable development and from sustainable development to information technology, Although the causal relationship between information technology and sustainable development has not been achieved in the long term, Egypt must continue in developing and support the information technology sector for it to bear fruit in the long term.