Internet Usage and Economic Growth: The Case of Mexico

Yu Hsing (College of Business, Southeastern Louisiana University, Hammond, LA 70402, USA)
Yun-Chen Morgan (College of Business, Southeastern Louisiana University, Hammond, LA 70402, USA)
Antoinette S. Phillips (College of Business, Southeastern Louisiana University, Hammond, LA 70402, USA)
Carl Phillips (College of Business, Southeastern Louisiana University, Hammond, LA 70402, USA)

Quantitative Economics and Management Studies
Vol. 1 No. 6 (2020)

This paper finds that more internet users as a percentage of total population promote economic growth in Mexico and that the impact exhibited a nonlinear relation and was greater in the initial stage of Internet adoption. In addition, less government budget deficit as a percent of GDP, a higher real stock price, real peso appreciation, a higher real crude oil price or a lower expected inflation rate would enhance economic growth.