Determinants of ICT Expenditure Using Logit Transformation for Proportion Data Analysis
ICT Expenditure; OECD; Asia- Pacific.
Journal of Information Technology Impact
Observations of the recent developments in hardware, software, and the Internet reinforce the importance and role of Information and Communication Technology (ICT). This paper utilizes logit transformation for proportion data analysis to empirically investigate determinants of ICT expenditure. A fixed-effects panel data model was used to examine the factors influencing expenditure on ICT. Two regressions were estimated for a sub-sample of 11 Asia-Pacific countries and 22 OECD countries