Simulation of interactions of information and communication technology (ICT) and Gross Domestic Production (GDP) with system dynamics approach

Considering the various variables affecting the relationship between information andcommunication technology and GDP growth and the interaction and non-linear effects ofthese variables on each other, it is necessary to provide a model to predict the favorable orunfavorable effects of ICT policies on GDP using simulation. The present study examinesthe interrelationships of information and communication technology variables andmacroeconomic variables with a systemic approach and using system dynamicsmethodology. After examining the reference modes of the variables, the cause and effectmodel is designed and the feedback and then the rate and stock variables are identified andthe stock-flow model is created. The results of model implementation have been able tocover reference modes well. The model designed in this research can be used for macrodecisions and policy making in the field of information technology.