Internet and Economic Growth—Evidence from Chinese Provincial Panel Data

As the “Internet +” strategy having been put forward, the internet and other information and communication technologies will help play more important role in Chinese economic growth. This research uses Chinese provincial panel data between 2000-2014 to study the relationship between the internet communication technology and economic growth within a Cobb-Douglas function under the Solow model. The result indicates that the development of the internet communication technology has a significant role in promoting economic growth in China. At the same time, the human capital has positive interaction effect on the adjustment between the internet and economic growth. So China should continue to increase investment on the internet communication technology and infrastructure construction, and pay more attention to personnel training to promote the sustainable development of economy in China.