Measuring the impact of information and communication technology on the growth of investment in Iraq, an analytical study

Abstract

:. The development of the information technology sector and a global name that encouraged institutions to invest more in this field and the work of many institutions around the world in the development of information technology in economic growth by attracting to the commercial sector , The study aimed to demonstrate the importance and development of information and communication technology in Iraq and to know the extent of its contribution to encouraging investment and increasing capital accumulation  . The study used quarterly time series data for the period (2004-2017). The multiple standard model was constructed. The study reached several results, including that investment in Iraq is not related to information and communication technology indicators since it is heavily affected by the occurring developments in the oil sector. Moreover, the information and communication technology sector is still not actively affecting the Iraqi economy and the size of its capital accumulation is weak. Furthermore, the study recommended the need to encourage the information and communication technology sector and work on increasing its contribution to the volume of capital accumulation by providing an appropriate investment environment which aims to attracting foreign investments and entrepreneurs.