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Singapore information sector : a study using input-output table

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  • Toh Mun Heng

    (NUS)

  • Sandre M. Thangavelu

Abstract

The paper measures the impact of information technology on the output growth of Singapore economy. A vibrant information sector will play an important catalytic role in developing Singapore into a knowledge-based economy. The analysis provided in the paper support the assertion that information economy will be a precursor to a knowledge-based economy. The information sector grew in tandem with the expansion of export in the first half of the 1990s. By the second half of the 1990s, it developed sufficient momentum and capability to expand domestically as a cluster. The use of ICT as intermediate input is found to be generally pervasive in the economy. The paper also investigated the impact of falling prices of information input on sectoral GDP. It is found that for a 10% decrease in information input prices, the sector GDPs had to increase by 0.05% to 2.2%. The overall impact for the economy is a positive 0.84% increase in national income (GDP) for a 10% decline in information input prices.

Suggested Citation

  • Toh Mun Heng & Sandre M. Thangavelu, 2006. "Singapore information sector : a study using input-output table," Development Economics Working Papers 21817, East Asian Bureau of Economic Research.
  • Handle: RePEc:eab:develo:21817
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    File URL: http://www.eaber.org/node/21817
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    References listed on IDEAS

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    1. Sikhanwita Roy & Tuhin Das & Debesh Chakraborty, 2002. "A Study on the Indian Information Sector: An Experiment with Input-Output Techniques," Economic Systems Research, Taylor & Francis Journals, vol. 14(2), pages 107-129, June.
    2. Benjamin Lipstein, 1968. "Test Marketing: A Perturbation in the Market Place," Management Science, INFORMS, vol. 14(8), pages 437-448, April.
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    Cited by:

    1. Rohman, Ibrahim Kholilul & Bohlin, Erik, 2014. "Decomposition analysis of the telecommunications sector in Indonesia: What does the cellular era shed light on?," Telecommunications Policy, Elsevier, vol. 38(3), pages 248-263.
    2. Rohman, Ibrahim Kholilul, 2013. "The globalization and stagnation of the ICT sectors in European countries: An input-output analysis," Telecommunications Policy, Elsevier, vol. 37(4), pages 387-399.
    3. Rohman, Ibrahim Kholilul & Bohlin, Erik, 2010. "On the ICT Economy in the European Countries: Investigating the Contribution of the ICT Sectors Using the Input-Output Model," 21st European Regional ITS Conference, Copenhagen 2010: Telecommunications at new crossroads - Changing value configurations, user roles, and regulation 29, International Telecommunications Society (ITS).

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    Keywords

    ICT; Singapore;

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