RELATION BETWEEN TELE-COMMUNICATION AND ECONOMIC GROWTH WITH SPECIAL REFERENCE TO ASSAM

Importance of telecommunication on economic growth of an economy is known to all. In this study The role of telecommunication technology which is measured in terms of tele-density is investigated on the economic growth of Assam over the time period 2001-2017. Here different sectoral components of economic growth like industry, manufacturing, service and banking & insurance is also taken into consideration to explore the causal relationship between these with tele-density of the state. For this Granger-Causality test has been applied and desired outcomes are attained. Moreover structural breakpoint analysis is also done to see whether any structural changes occurred in the relationship among the variables under study. Results are also found that policy changes in the national and state level has brought about the structural changes in the variables over the time period.