The Impact of Digitalization and Trade Openness on Economic Growth: New Evidence from Richest
 Asian Countries

The aim of this investigation is to check the impact of digitalization and trade openness on
 economic growth for top ten richest Asian countries. Static Gravity Model and Generalized Method
 of Moments Model were estimated. We found that digitalization and trade openness have a
 significant positive effect on economic growth. These results prove that trade openness and
 digitalization is a source of economic growth for richest Asian countries. Due to the magnitude
 of the positive externalities attached to the trade openness and digitalization, in terms of
 technology transfer bias, financial capacities, economic policies, human expertise, plenty of
 natural resources, large markets size, and spillover effect added to the domestic capacities and
 the national investment, the pace of the phenomenal economic performance of the Asian economies
 is very well marked.
