Proceedings of the 41st Annual Hawaii International Conference on System Sciences (HICSS 2008) (2008)
Waikoloa, Big Island, Hawaii
Jan. 7, 2008 to Jan. 10, 2008
The emergence of information and communication technologies infrastructure has transformed the global economy. The development of information technology infrastructure is lim- ited to some developed countries though. This research explores the role of information technology infrastructure in B2C e-commerce growth at the country-level from the perspective of growth theory in economics. We propose a hybrid exogenous and endogenous growth model to explain e-commerce growth. We estimate a panel data model that incorporates the direct effects of e-commerce infrastructure and other key explanatory variables. We further specify a simultaneous effects model that permits the anal- ysis of reverse causality in the association between e-commerce growth and Internet-based selling technology adoption. The data include 24 countries in four different regions around the world. We found that endogenous factors (online payment availability, and Internet-based selling technology adoption) and exogenous factors (international openness) both contribute to B2C e-commerce growth in a country. We also found that there is a two-way interac- tion between Internet-based selling technology adoption and e-commerce growth. The empirical findings support the effective- ness of our theoretical approach.
"Minitrack Introduction," Proceedings of the 41st Annual Hawaii International Conference on System Sciences (HICSS 2008)(HICSS), Waikoloa, Big Island, Hawaii, 2008, pp. 408.