000 01487nab a22001577a 4500
008 160615b2015 xxu||||| |||| 00| 0 eng d
100 _aWang, Yi-Chia
245 _aHow ICT Penetration Influences Productivity Growth
_cEvidence From 17 OECD Countries / Wang, Yi-Chia.
260 _c2015
300 _a79 - 92
520 _aThis article constructs an unbalanced panel data set based on a varying sample period of 1980-2004 for 17 OECD countries to analyze the impact of information and communication technology (ICT) on productivity growth. This article divides ICT capital stock into three categories, namely communication equipment, information technology (IT) equipment (hardware), and software, and uses them together with telecommunication demand and personal computer (PC) penetration rate as productivity-related explanatory variables. It then estimates a macro production function using micro models for ICT investment, telecommunication demand, and PC penetration. The estimation results suggest that the three categories of ICT capital stock, together with telephone and PC penetration rates, positively and significantly influence productivity growth in the selected high-income economies. Moreover, once the level of digitalization reaches 20%, it also provides a networked contribution to productivity growth.
650 _aProductivity Growth
650 _aIct
650 _aInformation And Communication Technology
773 _aEconomic Development Quarterly
_dFebruary
999 _c42836
_d42836