Technology penetration and human development nexus in middle-income countries: the synergy effect of inclusive resources distribution

Abstract

This paper intends to examine how interactions between equal distribution of resources and the information and communication technology (ICT) influence inclusive human development (inequality-adjusted human development) for 81 countries from middleincome countries within the period 2005–2017. We use a double-censored Tobit regression as it accounts for the dependent variable with a limited range. It exhibits the behavior that is consistent with the method of estimation. We employ the instrumental variable (IV) for the independent variables of interest to deal with simultaneity or reverse causality due to endogeneity. In light of established findings for this study, we conclude that equal distribution of public goods such as technologies could play a critical role in promoting inclusive human development. Supplementary policy repercussions are highlighted.