Table 1.

Hypothesized relationships between the personal computer penetration and independent variables in equation 1

Independent variables	Variable coefficient	Expected Sign	Studies from which the hypothesized signs are based
Adult literacy (Education)	β1	Positive	Valleta & MacDonald [16];Quibria et al [15];Chinn MD & Fairlie [17];Dewan et al [18]
Per capita income	β2	Positive	Valleta & MacDonald [16];Quibria et al [15];Kiiski & Pahjola [19];Dewan et al [18]
Regulatory quality	β3	Positive	Chinn MD & Fairlie [17]
Total number of internet users	β4	Positive	Kiiski & Pahjola [19];
Total population	β5	Positive	Chinn MD & Fairlie [17]