The long-run impact of ICT

被引：73

作者：

Venturini, Francesco ^{[1
]}

机构：

[1] Univ Politecn Marche, I-60121 Ancona, Italy

来源：

EMPIRICAL ECONOMICS | 2009年 / 37卷 / 03期

关键词：

ICT; Economic growth; Panel cointegration analysis; INFORMATION-TECHNOLOGY; PRODUCTIVITY GROWTH; DIFFUSION; ECONOMY; TESTS; 1990S;

D O I：

10.1007/s00181-008-0243-9

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper examines the growth impact of digital capital in the US and the EU-15 countries from a long-run perspective. It estimates the elasticity of output with respect to Information and Communication Technology (ICT) within a production function framework, by means of a panel cointegration analysis. ICT capital is found to significantly spur GDP growth over time, and above its income share. This sharply contrasts with existing aggregate evidence, and with the view that the growth impact of this factor is confined to the contribution given to the productivity resurgence of the 1990s.

引用

页码：497 / 515

页数：19

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