The Impact of Social Media on Economic Growth

Date

2015-11-16

Advisors

Journal Title

Journal ISSN

ISSN

Volume Title

Publisher

Applied Economics Letter

Type

Article

Peer reviewed

Yes

Abstract

This article attempts to investigate the impact of social media (SM) on economic growth. Using information obtained from memberships to social networks, we find that SM has a negative and significant impact on economic growth. This provides evidence in favour of our hypothesis that SM increases the search costs for information and also increases the substitution effect from labour to leisure thereby producing a negative impact on growth.

Description

The file attached to this record is the author's final peer reviewed version. The Publisher's final version can be found by following the DOI link.

Keywords

Social media, social networking, economic growth

Citation

Dell,Anno, R., Rayna, T. and Solomon, O.H. (2015) The Impact of Social Media on Economic Growth- Evidence from Social Media. Applied Economics Letters. 23 (9), pp. 633-636

Rights

Research Institute

Institute for Applied Economics and Social Value (IAESV)
Centre for Enterprise and Innovation (CEI)