Abstract: In the literature, there is large evidence that Internet contributes a lot to service trade and productivity augmenting. The aim of the research is to establish the nature of the relationship between internet availability an internet usage and international service trade. To investigate above relationship, we employed the most recent World Bank Database on Portugal from 1991 to 2014 which reflects the period of internet availability. Our dependent variable is proxied with foreign direct investment as a measure of international service trade while internet users, GDP growth rate and population growth rate are used as explanatory variables. Our findings therefore show that internet usage has a positive and significant impact on international service trade over the time period.
Keywords: International service trade, Internet, Growth, Development, Portugal.
Title: INTERNATIONAL SERVICE TRADE: A CASE STUDY OF INTERNET CONTRIBUTION IN PORTUGAL
Author: Abimbola Olanrewaju Oni
International Journal of Management and Commerce Innovations
ISSN 2348-7585 (Online)
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