Impact of Social Media on Economic Growth - Evidence from Social Media

Dell'Anno, R, Rayna, T. and Solomon, H. 2016. Impact of Social Media on Economic Growth - Evidence from Social Media. Applied Economics Letters. 23 (9), pp. 633-636. doi:10.1080/13504851.2015.1095992

TitleImpact of Social Media on Economic Growth - Evidence from Social Media
TypeJournal article
AuthorsDell'Anno, R, Rayna, T. and Solomon, H.
Abstract

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

KeywordsSocial media, social networking, economic growth
JournalApplied Economics Letters
Journal citation23 (9), pp. 633-636
ISSN1350-4851
Year2016
PublisherTaylor & Francis
Accepted author manuscript
Digital Object Identifier (DOI)doi:10.1080/13504851.2015.1095992
Web address (URL)https://www.tandfonline.com/doi/abs/10.1080/13504851.2015.1095992
Publication dates
Published online16 Nov 2015
Published in print2016

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