The Impact of Information and Communication Technology on the Exports and Imports of BRICS Member Countries During the Years 2000 to 2020.

Abstract

Since the second half of the 20th century, with the entry of computers into the market and the transformation in the field of information and communication, the revolution of information and communication technology took place, and the application of the effect of information and communication technology on economic growth has become one of the controversial issues. In this research, the impact of information and communication technology on exports and imports has been investigated using a logarithmic model. It has been estimated that the GLS method was used to estimate the parameters, and the results showed a positive and significant impact of information and communication technology on the export and import of BRICS member countries, as well as the impact of information and communication variables on export and import. In case of a 1% increase in mobile phone users in these countries, exports will decrease by 0.899% and imports will increase by 0.341559%. In case of a 1% increase in fixed phone users in these countries, exports will be 0.2236% increases by 1% and import increases by 0.1860. In case of 1% increase in mobile internet users in these countries, export increases by 0.1242% and import decreases by 0.2314% and in case of 1% increase in Fast and fixed internet users in these countries, exports increase by 0.1560% and imports increase by 0.0422%.