Investigating the impact of investment and ICT on real income growth: The case of Hungary

Proceedings of the 6th International Conference on Future Networks & Distributed Systems Pub Date : 2022-12-15 DOI:10.1145/3584202.3584261

Nosir Makhmudov, N. Avazov

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Abstract

The development of the ICT sector brings high efficiency in the economy and this sector can be the basis for a high level of economic development. Especially in today's globalized world, the development of the ICT sector and the increase in the investment flow are seen as the main drivers of economic development. This sectors can contribute to the growth of the real income of the population. This research is aimed at studying the impact of ICT sector and investment on the real income in the case of Hungary. This study is conducted for the 11-year period from 2009 to 2019. The impact of independent variables on the dependent variable is evaluated using the Least Squared model. According to the results of the study, there is a strong significant relationship between ICT, investment and real income. This relationship is positive in both factors, and a positive increase in these factors leads to an increase in the real income of the population. Also, according to the research results, Hungary's reforms in this area can be evaluated as an effective experience.

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调查投资和ICT对实际收入增长的影响:以匈牙利为例

信息通信技术部门的发展带来了经济的高效率，该部门可以成为高水平经济发展的基础。特别是在全球化的今天，信息通信技术产业的发展和投资流动的增加被视为经济发展的主要动力。这些部门可以促进人口实际收入的增长。本研究旨在研究匈牙利信息通信技术部门和投资对实际收入的影响。这项研究从2009年到2019年进行了11年。使用最小二乘模型评估自变量对因变量的影响。根据研究结果，ICT、投资和实际收入之间存在很强的显著关系。这种关系在两个因素中都是正的，这些因素的正增加导致人口实际收入的增加。此外，根据研究结果，匈牙利在这方面的改革可以被评价为一种有效的经验。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Proceedings of the 6th International Conference on Future Networks & Distributed Systems

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