This paperusesanewsetofcountrydatafor14countries,membersoftheOECD,anda non-parametricapproachtoprovidenewevidenceontheimpactofInformationand CommunicationTechnology(ICT)onlabourproductivitygrowthbetween1995and 2005. Forthefirsttime,inthepresentpaperabootstrapapproachforthedecomposi- tion oflabourproductivitychange,proposedby Kumar andRussell(2002), isemployed. This approachpermitstoconductstatisticalinferenceontheparametersofinterest,and to analysetheeffectsofICTtechnologiesoncapitalaccumulation.Theresultsconfirm theroleofICTasageneralpurposetechnologythatneedsorganisationalandbusiness processchangestofullyexploititsgrowthopportunities.Thepaperalsofindsout,by applyinganon-parametrictest,thatICTtechnologiespositivelycontributetothe generationofconvergenceclubsintheevolutionoflabourproductivity.Finally,the empiricalevidenceofferssomebasicguidanceforfuturepolicyinterventionin supportingICTcapitalinvestments.
Ceccobelli, M., Gitto, S., Mancuso, P. (2012). ICT capital and labour productivity growth: A non-parametric analysis of 14 OECD countries. TELECOMMUNICATIONS POLICY [10.1016/j.telpol.2011.12.012].
ICT capital and labour productivity growth: A non-parametric analysis of 14 OECD countries
GITTO, SIMONE;MANCUSO, PAOLO
2012-01-01
Abstract
This paperusesanewsetofcountrydatafor14countries,membersoftheOECD,anda non-parametricapproachtoprovidenewevidenceontheimpactofInformationand CommunicationTechnology(ICT)onlabourproductivitygrowthbetween1995and 2005. Forthefirsttime,inthepresentpaperabootstrapapproachforthedecomposi- tion oflabourproductivitychange,proposedby Kumar andRussell(2002), isemployed. This approachpermitstoconductstatisticalinferenceontheparametersofinterest,and to analysetheeffectsofICTtechnologiesoncapitalaccumulation.Theresultsconfirm theroleofICTasageneralpurposetechnologythatneedsorganisationalandbusiness processchangestofullyexploititsgrowthopportunities.Thepaperalsofindsout,by applyinganon-parametrictest,thatICTtechnologiespositivelycontributetothe generationofconvergenceclubsintheevolutionoflabourproductivity.Finally,the empiricalevidenceofferssomebasicguidanceforfuturepolicyinterventionin supportingICTcapitalinvestments.| File | Dimensione | Formato | |
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