IDEAS home Printed from https://ideas.repec.org/a/taf/ecinnt/v16y2007i3p179-194.html
   My bibliography  Save this article

Information Technology as a Factor of Economic Development: Evidence from Developed and Developing Countries

Author

Listed:
  • Sotiris Papaioannou
  • Sophia Dimelis

Abstract

This article explores the role of information and communication technologies (ICT) and of its individual components as factors of economic development. An augmented production function is employed to estimate the total ICT effect on labor productivity growth as well as the impact exerted by its components (hardware, software, and communications). The empirical analysis is based on a sample of 42 developed and developing countries, covering the 1993-2001 period. A positive and significant ICT growth effect is estimated in both country samples, with the highest impact observed in developed ones. This effect stems entirely from the hardware and communication components. Estimates concerning the individual components of ICT slightly differentiate between developed and developing countries, with respect to their statistical significance. The results are robust to possible endogeneity biases.

Suggested Citation

  • Sotiris Papaioannou & Sophia Dimelis, 2007. "Information Technology as a Factor of Economic Development: Evidence from Developed and Developing Countries," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 16(3), pages 179-194.
  • Handle: RePEc:taf:ecinnt:v:16:y:2007:i:3:p:179-194
    DOI: 10.1080/10438590600661889
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/10438590600661889
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/10438590600661889?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:ecinnt:v:16:y:2007:i:3:p:179-194. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/GEIN20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.