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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
ISSN: 1530-1605
ISBN: 0-7695-3075-3
pp: 408
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.
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