APPRAISING ENHANCING NIGERIAN ECONOMY THROUGH WIRELESS INTERNET NETWORK.
CHAPTER 1
1.1 BACKGROUND OF THE STUDY
In the past few years, several macroeconomic studies have suggested a link between mobile phones and economic growth (The Economist, 2009). Sridhar and Sridhar (2004) investigate the relationship between telecommunications and the economic growth using data from 28 developing countries. The study finds that there is a positive impact of fixed lines and a significant impact of mobile phone penetration on national output. The impact of telecommunications penetration on total output is found to be significantly higher for developing countries than for OECD countries.
Waverman et al ii(2005) have found that mobile telephony has a positive and significant impact on economic growth. Extra 10 mobile phones per 100 people in a typical developing country added 0.6 percentage points of growth in GDP per capita, and this impact is about twice as large in developing countries than in developed countries. The results concur with the theory that mobile phones in less developed economies are playing the same crucial role that fixed telephony played in the richer economies in the 1970s and 1980s. Mobile phones substitute for fixed lines in poor countries, but complement fixed lines in rich countries, implying that they have a stronger growth impact in poor countries.
Lee et al ii (2009) examine the effect of mobile phones on economic growth in Sub-Saharan Africa where a marked asymmetry has been observed between fixed line penetration and mobile telecommunications expansion (in favor of the latter).
The findings show that mobile cellular phone expansion is an important determinant of the economic growth rate in Sub-Saharan Africa. The contribution of mobile cellular phones to economic growth has been growing in the region, and the marginal impact of mobile telecommunication services is even greater in areas where fixed-line phones are rare. The research shall therefore investigate enhancing Nigerian economy through wireless internet network
1.7 SCOPE OF THE STUDY
The study centers on appraising enhancing Nigerian economy through wireless internet network.
