The paper elaborates the productivity paradox of information technology in order to find an answer to the question of why, contrary to expectations, the correlation between expenditures in information technology and economic growth is not ambiguous. To formulate an answer, the paper focuses on the network dimension of the information technology sector, more specifically, on the telecommunications industry and its regulation.
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Length: 19 pages Date of creation: 2000 Date of revision: Handle: RePEc:fth:hambec:113
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Find related papers by JEL classification: L96 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Telecommunications O14 - Economic Development, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology L98 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Government Policy