This book focuses on the contribution of Information Technology (IT) and Information Technology Enabled Services (ITES) in shaping the current and future global economic scenario, with a special focus on Asia, and taking into account the three broad macroeconomic dimensions — growth, sustainability and governance mechanisms. The last two decades have witnessed a structural shift in the world economy due to the tremendous growth in gross domestic product share for the service sector; in fact, service has emerged as the dominant sector and the main driver of GDP growth. This is mainly attributable to the spectacular success of the IT sector in the new knowledge economy. Tradability, technology and transportability – the three T’s – govern productivity growth in today’s services. Growing Asian economies such as India, China and Vietnam, using their demographic advantages, have been reaping the benefits of this boom.
The book’s content focuses on recent debates and discussions concerning the issue of long-term sustainability and governance, especially in India, as these companies are facing continuous challenges in terms of international competition, salary inflation, health hazards, scarcity of talent, employee attrition, security concerns, global slowdown and many other technology-related issues. The book further highlights how the increased application of IT-based products and services is resulting in harsh inequalities concerning income distribution in many developing countries of Asia, mainly because of its labor shedding nature, and hence might be detrimental to sustainable development, if suitable policy measures are not implemented to counter these effects.
The book provides a wealth of information for researchers, graduate students and political scientists alike, as well as thought-provoking insights for social scientists, policymakers and government officials. It also offers a valuable source of data for business and management professionals, and for members of Chambers of Commerce and Industry.
Author(s): Soumyen Sikdar, Ramesh Chandra Das. Rajib Bhattacharyya
Publisher: Springer
Year: 2020
Language: English
Pages: 329
City: Singapore
Foreword
Preface
Introduction
Contents
Editors and Contributors
Abbreviations
Part IRole of IT-ITES Upon Economic and Financial Indicators
1 Economic Development and Importance of IT Industry—An Appraisal with Reference to Asian Countries
1.1 Introduction
1.2 Literature Review
1.3 Objective
1.4 Data and Methodology
1.5 The Baseline Model
1.5.1 Impact of Rate of Technical Progress on Per Capita Real Income and Economic Growth
1.6 Empirical Analysis
1.7 Conclusion
References
2 The Role of IT Investment on the Bank Performance: A Cointegration and Causality Analysis for Asian Countries
2.1 Introduction
2.2 Literature Review
2.3 Quantitative Information About Asian Countries
2.4 Methodology
2.4.1 PC Analysis
2.4.2 DHPC Analysis
2.5 An Application on Asian Countries
2.5.1 Data, Scope, and Variables
2.5.2 Unit Root Test Results
2.5.3 PC Test Results
2.5.4 DHPC Test Results
2.6 Conclusion
References
3 Is There Any Relationship Between Output Growth and Export Growth in Indian Information Technology Industry After Liberalization?
3.1 Introduction
3.2 Materials and Methods
3.2.1 Methodology
3.2.2 Data Sources
3.3 Results and Discussion
3.4 Conclusion
References
4 Trend of IT Enabled Banking Correspondence Services and Its Determinants: Evidences from South Asian Countries
4.1 Introduction
4.2 IT-Enabled Banking Services: A Conceptual Framework
4.3 Transition to IT-Enabled Banking Services: Experiences from South Asia
4.4 Materials and Methods
4.5 Results and Discussion
4.5.1 Trend of Banking Correspondence Model: South Asian Countries
4.5.2 Determinants of Mobile Money Usage
4.6 Conclusions
References
5 India’s Software Export and External Factors
5.1 Introduction
5.2 Brief Review of Existing Literature
5.3 Objectives and Methodology
5.4 Vulnerability of India’s Software Export to Internal and External Factors
5.5 External Factors and Non-software–Export–GDP Ratio and Comparison with Software Export–GDP Ratio
5.6 Conclusion and Future Scope of Research
Appendix
References
6 Impact of Information and Communication Technology on Foreign Direct Investment: A Study on Selected Developing Economies
6.1 Introduction
6.2 Review of Some Existing Works
6.3 Data and Methodology
6.3.1 Dependent Variable
6.3.2 Explanatory Variables
6.3.3 Methodology
6.4 Findings of the Empirical Exercise
6.5 Concluding Remarks
Appendix
References
7 Export of Software Services and Economic Growth Relation in India—A Time Series Approach
7.1 Introduction
7.2 Motivation and Objectives of the Study
7.3 Data and Methodology of the Study
7.4 Graphical Explanations of the Time Plots of the Variables
7.5 Econometric Findings
7.6 Summary and Conclusion
Appendix
References
8 Understanding the Role of E-Governance in Urban Areas of West Bengal
8.1 Introduction
8.2 Methods
8.3 Sustainable Urbanization and E-Governance
8.4 Policies and Programs of Urban E-Governance in India
8.5 Urbanization and Role of E-Governance in West Bengal
8.6 Conclusion
References
9 Technology and Employment: Empirical Evidences in Technology Product Exporting Asian Economies
9.1 Introduction
9.2 Review of Literature
9.3 Data, Variables, and Exploratory Analysis
9.4 Methodology and Results
9.5 Conclusions
References
10 FDI, ICT and Economic Growth in Developing Countries: An Empirical Analysis
10.1 Introduction
10.2 Review of Literature
10.3 Data and Methodology
10.4 Empirical Findings
10.5 Concluding Remarks
References
11 Viewing IT and ITeS as the New Opportunity in the Changing Developmental Paradigms of the Indian Economy
11.1 Introduction
11.2 Motivations from Existing Literature and Research Gaps
11.2.1 Review of Select Literature
11.2.2 Research Gap
11.3 Empirical Methodology—Findings and Discussions Thereof
11.3.1 The Model
11.3.2 Data and Methodology
11.3.3 Results and Interpretations
11.4 Concluding Remarks and Suggestions Thereof
References
Part IIRole of IT-ITES Upon Environment, Health, Education and Employment
12 IT Industry, Environmental Regulations and International Trade-A Two-Sided General Equilibrium Approach
12.1 Introduction
12.2 The Benchmark Model
12.2.1 Production Process in the South
12.2.2 Production Process in the North
12.3 Productivity, IT Industry and International Capital Mobility
12.3.1 Autarky
12.3.2 Asymmetric Technological Progress, Environmental Regulations and IT Industry
12.3.3 Open Economy
12.4 Concluding Remarks
References
13 Mobile Phone Penetration and Health Outcome: Panel Evidence from 25 Selected Asian Countries
13.1 Introduction
13.2 Diffusion of Mobile Telephony and Health: Reviewing the Value of Communication
13.2.1 Mobile Phone and Socioeconomic Development
13.2.2 Mobile Phone and Health
13.2.3 Mobile Phone and Child Mortality
13.3 Methodological Issues
13.3.1 Data
13.3.2 Cross-Section Dependence Test
13.3.3 Panel Unit Root
13.3.4 Pedroni’s Cointegration Technique
13.3.5 Fully Modified Ordinary Least Square(FMOLS) and Dynamic Ordinary Least Square(DOLS) Techniques
13.4 Analysis of Results
13.4.1 Cross-Section Dependency and Panel Unit Root Tests Results
13.4.2 Cointegration Test Results
13.4.3 Outcomes of FMOLS and DOLS
13.5 Conclusion
References
14 Challenges of Health Sustainability in IT-ITES Industry in India
14.1 Introduction
14.2 Literature Review
14.3 Objective of the Study and Methodology
14.4 Structure of the Primary Survey
14.5 Major Attributes of IT and Non-IT Sectors
14.6 Comparison of Major Health Disorders Between the IT and Non-IT Sector
14.7 Magnitude of Computer-Related Health Problems in IT-ITES
14.8 Magnitude of Computer-Related Health Problem by Sex and Type of Work in Non-IT
14.9 Empirical Analysis
14.9.1 Estimation Using Binary Logistic Regression Model
14.9.2 Major Findings of the Primary Health Survey on IT and Non-IT Employees
14.10 Conclusion
Appendix
References
15 Network Society—Towards a Holistic Approach to Human Development in Asia
15.1 Introduction
15.2 Literature Review
15.3 Objective and Rationale of the Study
15.4 Qualitative Analysis and Data Sources and Selection
15.4.1 Descriptive (Qualitative) Analysis
15.4.2 Cross-Correlation
15.4.3 Data Sources and Sample Selection
15.5 Research Methodology
15.6 Empirical Analysis and Results
15.7 Conclusion and Policy Implications
References
16 Role of ICT in Sustainable Agricultural Development—The Case of India
16.1 Introduction
16.2 Literature Review and Research Gap
16.3 Empirical Estimation and Results Analyses
16.4 Stationarity Check and Cointegration Test
16.5 Quantile Regression
16.6 Fully Modified OLS (FMOLS)
16.7 Conclusion
References
17 The Effect of Knowledge and Skill-Based Production on Agricultural Employment: An Empirical Analysis in the Sample of South Korea
17.1 Introduction
17.2 Theoretical Background
17.3 The Situation of Agricultural Employment and Economic Complexity in the South Korean Economy
17.4 The Literature
17.5 Data and Methodology
17.6 Conclusion
References
18 Information Communication Technology and Self-Employment
18.1 Introduction
18.2 Literature Review
18.3 Theoretical Framework and Hypothesis Development
18.3.1 Model and Variable Definition
18.4 Estimation and Results
18.5 Conclusion
Appendix
References
19 An Introspective Study on the Emergence of Sharing Economy and the Role of IT & ITES Therein with Special Reference to India
19.1 Introduction
19.2 Review of Literature
19.3 Objective of the Study
19.4 Methodology
19.4.1 Conceptual Framework
19.5 Concluding Remarks
19.5.1 Limitations of the Study
19.5.2 Epilogue
References
20 Automation in Manufacturing: The Effects on Formal and Informal Sectors
20.1 Introduction
20.2 Literature Review
20.3 Objective
20.4 Basic Model
20.5 Conclusion
References
21 Design of Knowledge Base Model for Home Loan: Case Study of a Bank in India
21.1 Introduction
21.2 Literature Review
21.3 The Role of Knowledge-Based System
21.4 Methodology
21.5 Empirical Results and Discussion
21.5.1 Steps to Be Followed with Regard to the Loan Disbursement
21.5.2 Knowledge Acquisition Phase
21.5.3 Knowledge Representation Phase
21.5.4 Rule Base Design
21.5.5 Discussion
21.6 Conclusion
References
22 Role of IT and ITES in the Indian Education Sector
22.1 Introduction
22.2 Literature Review and Research Gap
22.3 Empirical Estimation and Results Analyses
22.4 Conclusion
References
23 Significant Role of Infosys BPO Industry in Economic Development of India
23.1 Introduction
23.2 Conceptual Framework
23.3 Evolution and Growth of BPO in India
23.4 Impact of BPO on the Indian Economy
23.5 Issues and Challenges of the BPO Sector
23.6 An Overview of Infosys BPO in India
23.7 Literature Review
23.8 Objective of the Study
23.9 Data Source and Methodology
23.10 Results and Discussion
23.11 Conclusion and Recommendation
References
24 Data Protection in Market-Driven Network Economies
24.1 Introduction
24.2 Literature Review
24.3 Method Used for Article Collection
24.4 Theoretical Framework and Hypothesis Development
24.5 Discussion and Findings for G-7 Economies:
24.6 Conclusion
References
Index