Impact of the Investments in ICT on Total Factor Productivity
Empirical Investigation of Macroeconomic Outcomes of Investments in Telecoms in the Context of Economies in Transition
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The goal of this research is to establish a linkbetween the subset of investments in information andcommunication technologies (ICT), namely, investmentsin Telecoms, and economic growth in the context ofcountries that are currently classified by theinternational community as transition economies (TE).More specifically, in this study we focus on therelationship between ICT and one of the determinantsof economic growth, total factor productivity (TFP).Neoclassical growth accounting and the theory ofcomplementarity provide the theoretical framework onwhich we build this research. By combining the...
The goal of this research is to establish a link
between the subset of investments in information and
communication technologies (ICT), namely, investments
in Telecoms, and economic growth in the context of
countries that are currently classified by the
international community as transition economies (TE).
More specifically, in this study we focus on the
relationship between ICT and one of the determinants
of economic growth, total factor productivity (TFP).
Neoclassical growth accounting and the theory of
complementarity provide the theoretical framework on
which we build this research. By combining the data
obtained from two sources, the World Bank Database
and the IT Yearbook, we were able to construct a
10-year data set for 18 TEs spanning the period from
1993 to 2002.
Our inquiry is structured as a seven-step process
that utilizes six data analytic methods.
between the subset of investments in information and
communication technologies (ICT), namely, investments
in Telecoms, and economic growth in the context of
countries that are currently classified by the
international community as transition economies (TE).
More specifically, in this study we focus on the
relationship between ICT and one of the determinants
of economic growth, total factor productivity (TFP).
Neoclassical growth accounting and the theory of
complementarity provide the theoretical framework on
which we build this research. By combining the data
obtained from two sources, the World Bank Database
and the IT Yearbook, we were able to construct a
10-year data set for 18 TEs spanning the period from
1993 to 2002.
Our inquiry is structured as a seven-step process
that utilizes six data analytic methods.
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