Advanced Search
MyIDEAS: Login to save this paper or follow this series

Information and Communication Technologies in a Multi-sector Endogenous Growth Model

Contents:

Author Info

  • Evangelia Vourvachaki
Registered author(s):

    Abstract

    This paper investigates the growth impact of Information and Communication Technologies (ICT) in an economy consisting of three sectors, ICT-producing, ICT-using and non-ICTusing. The ICT progress causes falling prices of the consumption and intermediates produced by the ICT-using sector, providing incentives for investment in the sectors using them. Therefore, the non-ICT-using sector benefits indirectly from ICT, while households' utility increases. The magnitude of the growth transmission mechanism relies on the ICT-using sector production shares. Aggregate economy is on a constant growth path, where growth rates differ across sectors. The model predictions are broadly consistent with the U.S. growth experience.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.cerge-ei.cz/pdf/wp/Wp386.pdf
    Download Restriction: no

    Bibliographic Info

    Paper provided by The Center for Economic Research and Graduate Education - Economic Institute, Prague in its series CERGE-EI Working Papers with number wp386.

    as in new window
    Length:
    Date of creation: Aug 2009
    Date of revision:
    Handle: RePEc:cer:papers:wp386

    Contact details of provider:
    Postal: P.O. Box 882, Politickych veznu 7, 111 21 Praha 1
    Phone: (+420) 224 005 123
    Fax: (+420) 224 005 333
    Email:
    Web page: http://www.cerge-ei.cz
    More information through EDIRC

    Related research

    Keywords: Multi-sector Economy; Endogenous Growth; Constant Growth Path; Information and Communication Technologies.;

    Find related papers by JEL classification:

    This paper has been announced in the following NEP Reports:

    References

    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.:
    as in new window
    1. Ngai, Liwa Rachel & Samaniego, Roberto, 2009. "Mapping prices into productivity in multisector growth models," CEPR Discussion Papers, C.E.P.R. Discussion Papers 7318, C.E.P.R. Discussion Papers.
    2. Colin Mayer & Wendy Carlin, 1999. "Finance, Investment and Growth," Economics Series Working Papers, University of Oxford, Department of Economics 1999-FE-09, University of Oxford, Department of Economics.
    3. Ark, Bart van, 2002. "ICT investments and growth accounts for the European Union," GGDC Research Memorandum, Groningen Growth and Development Centre, University of Groningen 200256, Groningen Growth and Development Centre, University of Groningen.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Jorgenson, D.W. & Timmer, Marcel, 2010. "Structural Change in Advanced Nations: A New Set of Stylised Facts," GGDC Research Memorandum, Groningen Growth and Development Centre, University of Groningen GD-115, Groningen Growth and Development Centre, University of Groningen.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:cer:papers:wp386. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jana Koudelkova).

    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.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.

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