Ignacio Hernando () (Banco de España) Soledad Núñez () (Banco de España)
Abstract
This paper applies a well-established growth accounting framework to measure the contribution of ICT inputs to output and labour productivity growth in Spain, using a sample of 1300 firms per year over 1991-2000. Firm-level data are helpful to overcome the availability lags and the mismeasurement of capital stocks associated with the use of aggregate data. We find that: 1) The use of ICT inputs has made a positive and significant contribution to output and productivity growth. 2) This contribution was higher in the second half of the 1990s. 3) At a sectoral level, there is a general rise in the share of ICT in total capital and a general reduction in ICT cost shares. (Copyright: Fundación SEPI)
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Find related papers by JEL classification: O33 - Economic Development, Technological Change, and Growth - - Technological Change - - - Technological Change: Choices and Consequences; Diffusion Processes D24 - Microeconomics - - Production and Organizations - - - Production; Capital and Total Factor Productivity; Capacity L63 - Industrial Organization - - Industry Studies: Manufacturing - - - Microelectronics; Computers; Communications Equipment
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Matteo Bugamelli & Patrizio Pagano, 2004.
"Barriers to investment in ICT,"
Applied Economics,
Taylor and Francis Journals, vol. 36(20), pages 2275-2286, November.
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