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ICT Investment and Growth of Output and Productivity

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Author Info
Hannes Leo (WIFO)

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Abstract

Recent research has demonstrated that ICT has had a significant impact on the growth of GDP and productivity, although the scope of this impact and its direction are still subject to scientific controversy. Evidence is mounting that ICT has had a positive growth and productivity contribution not only in ICT producing but also in ICT using industries. Overall, ICT investment is one important factor among others contributing to explain the divergence in growth performance between countries.

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Publisher Info
Article provided by WIFO in its journal Quarterly.

Volume (Year): 7 (2002)
Issue (Month): 2 (May)
Pages: 86-97
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Handle: RePEc:wfo:wquart:y:2002:i:2:p:86-97

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Related research
Keywords: Information and Communication Technologies; ICT; Productivity; Growth; New Eonomy; Austria; ICT Investment and Growth of Output and Productivity;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Francesco Daveri, . "Is growth an information technology story in Europe too?," Working Papers 168, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University. [Downloadable!]
    Other versions:
  2. Stefano Scarpetta & Andrea Bassanini & Dirk Pilat & Paul Schreyer, 2000. "Economic Growth in the OECD Area: Recent Trends at the Aggregate and Sectoral Level," OECD Economics Department Working Papers 248, OECD, Economics Department. [Downloadable!]
  3. Karl Whelan, 2000. "Computers, obsolescence, and productivity," Finance and Economics Discussion Series 2000-06, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    Other versions:
  4. Michael T. Kiley, 1999. "Computers and growth with costs of adjustment: will the future look like the past?," Finance and Economics Discussion Series 1999-36, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
  5. Dirk Pilat & Frank C. Lee, 2001. "Productivity Growth in ICT-producing and ICT-using Industries: A Source of Growth Differentials in the OECD?," OECD Science, Technology and Industry Working Papers 2001/4, OECD, Directorate for Science, Technology and Industry. [Downloadable!]
  6. Martin Neil Baily & Robert Z. Lawrence, 2001. "Do We Have a New E-conomy?," American Economic Review, American Economic Association, vol. 91(2), pages 308-312, May. [Downloadable!] (restricted)
  7. Erik Brynjolfsson & Lorin M. Hitt, 2000. "Beyond Computation: Information Technology, Organizational Transformation and Business Performance," Journal of Economic Perspectives, American Economic Association, vol. 14(4), pages 23-48, Fall. [Downloadable!] (restricted)
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