Impact of social media on economic growth – evidence from social media

Roberto Dell’Anno; Thierry Rayna; Offiong Helen Solomon

doi:10.1080/13504851.2015.1095992

Impact of social media on economic growth – evidence from social media

Roberto Dell’Anno
, Thierry Rayna
, Offiong Helen Solomon

Department of Economics and Statistics
University of Salerno
Department of Economics
Novancia Business School
De Montfort University

Research output: Contribution to journal › Article › peer-review

15 Citations (Scopus)

Abstract

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

Original language	English
Pages (from-to)	633-636
Number of pages	4
Journal	Applied Economics Letters
Volume	23
Issue number	9
DOIs	https://doi.org/10.1080/13504851.2015.1095992
Publication status	Published - 12 Jun 2016
Externally published	Yes

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 8 Decent Work and Economic Growth

Keywords

Social media
economic growth
social networking

Access to Document

10.1080/13504851.2015.1095992

Cite this

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title = "Impact of social media on economic growth {\textendash} evidence from social media",

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

keywords = "Social media, economic growth, social networking",

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AU - Solomon, Offiong Helen

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

KW - Social media

KW - economic growth

KW - social networking

U2 - 10.1080/13504851.2015.1095992

DO - 10.1080/13504851.2015.1095992

M3 - Article

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SP - 633

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JO - Applied Economics Letters

JF - Applied Economics Letters

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Impact of social media on economic growth – evidence from social media

Abstract

UN SDGs

Keywords

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