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

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.