Economic Growth, Technology Trade and R&D (original) (raw)

ICT AND ECONOMIC GROWTH – NEW EVIDENCE FROM INTERNATIONAL COMPARISONS –

This paper follows up on previous OECD work for the 2001 and 2002 OECD Ministerial meetings. It was concluded that information and communications technology (ICT) was among the key factors explaining growth differentials in the OECD area in the 1990s, and that ICT had the potential to contribute to more rapid growth in the future. The current paper examines whether ICT is still important now the hype of the new economy is over. It differs from previous OECD work as it considers, firstly, a range of questions that were not explicitly addressed before. For example, why have some OECD countries invested more in ICT than others? What factors help firms in seizing the benefits from ICT? How precisely does ICT affect firm performance? And what policies should governments undertake to help firms benefit from ICT? The paper also differs from previous work as it is based on a broad set of new data and empirical studies. The study incorporates new evidence from official statistics on the use ...

Information technologies and economic growth: Do the physical measures tell us something

This article explores the impact of different physical measures of information technology (IT) capital on the per capita income of 102 countries. This method not only allows counting on a great number of countries but also to test the great impact other authors have attributed to IT equipments on the basis of such kind of measures. The estimates carried out in this article confirm the strong impact of IT on per capita income already found and the difficulty of making it compatible with the real growth of the economies, which point to the presence of grave problems of endogeneity in the estimates.

Information Technology and Productivity Growth Across Countries and Sectors

SSRN Electronic Journal, 2000

The extraordinary success of the U.S. economy and the parallel growth slowdown of the large European countries and Japan in the 1990s bear a simple rationale. The United States has eventually benefited from the effective adoption of information technologies. The introduction of the newly installed IT capital has not instead enhanced aggregate capital accumulation and TFP growth in Europe and Japan. At least on impact, IT capital has mainly displaced existing capital and methods of production rather than supplementing them. The limited growth-enhancing effects from information technologies in countries other than the United States have occurred in the IT-producing sectors, while the IT-using industries have contributed the bulk of productivity gains in the United States.

ICT Infrastructure and Trade in Services: A Cross-country Analysis

International Journal of Finance, Entrepreneurship & Sustainability

Share of services in the economy increased drastically in developed as well as developing countries in last couple of decades. However, the share of services was very less in the export basket of these countries due to the mobility constrains associated with services delivery, until 21st century. The drastic development in Information Communication Technology (ICT) in the form of mobile phone and internet played a vital role in removing this constraint in recent years. So the share of services in the total export almost doubled in many countries. Moreover, foreign exchange earnings through services export is the main source to finance technology embodied manufacturing goods import in many developing countries. Services export also had impact on long term economic growth via Total Factor Productivity (TFP). So, ICT induced services export has a prominent role to play in modern liberalised economies. The present study examines the impact of ICT on trade in services with Least SquareDu...

ECONOMIC GROWTH AND INFORMATION TECHNOLOGIES - Comparative Approach.pdf

On the basis of the correlation and factor analysis of the comparative statistics it is shown that the development of modern ICT is one of the major factors of economic growth. Interrelations between ICT and other factors of economic growth are displayed. The crucial dependence of ICT development on the purposeful state policy including not only legislative support of new economy but also the stimulation of innovations is shown. The principal cause of ICT influence on economic growth is that ICT becomes now the new language of business communication and the foundation of the modern business environment. ICT not only have raised productivity but they have also transformed the pattern of the world economy organization, created new standards of management and marketing, accelerated the process of introducing new goods and services, and brought different national economies closer. Lagging behind in ICT devalues Russia's achievements in science and technology, hinders both their popularizing and conversion into new technologies, which sharply reduces the country's competitiveness

Productivity Growth in ICT-producing and ICT-using Industries

OECD Science, Technology and Industry Working Papers, 2001

JT00109724 Document complet disponible sur OLIS dans son format d'origine Complete document available on OLIS in its original format DSTI/DOC(2001)4 Unclassified English text only DSTI/DOC(2001)4 2

Does information and Communication Technology development Contributes to economic growth

Journal of theoretical and applied information technology, 2012

This paper studies the impact of Information and Communication Technology (ICT) development on economic growth in different countries and regions of the world. The results indicate that there is a positive relationship between real GDP growth and ICT development (as measured by the ICT Development Index) for 153 countries over the world. This study also finds that ICT development in the upper-middle income group has a higher effect on economic growth than other countries. This implies that if these countries seek to enhance their economic growth, they need to implement specific policies that facilitate ICT development.

ICT growth effects at the industry level: A comparison between the US and the EU

Information Economics and Policy, 2011

This is an empirical study on the growth impact of Information and Communication Technologies using industry-level data for the US and the EU industries over the period 1980-2000. A panel data approach is employed to estimate the ICT effect using the system GMM and the pooled mean group panel data estimators. The results vary depending on the period, the region, and the type of industry considered. The GMM estimates suggest a significant ICT effect on growth during the 90s both in the US and in the EU. This effect for the EU was strong in the early 90s and weakened afterwards, as opposed to the US where it strengthened in the late 90s. The results of the pooled mean group estimator confirm that the long run growth contribution of ICT was significantly positive in the industries of both regions and over the entire period 1980-2000. However, it seems that the productivity effects of ICT are mainly present in the industries which are either ICT producers or heavy ICT users.