Nonlinearities in Economic Growth: A Semiparametric Approach applied to Information Technology data
AbstractThe purpose of this paper is to examine the Information and Communication Technology (ICT) capital-economic growth nexus, taking into consideration the previously documented nonlinear relationship between initial income and human capital on the one hand and economic growth on the other. We apply nonparametric techniques for a number of OECD countries for the period 1980-2004. Specification tests provide evidence in favor of the semiparametric specification in which initial income, human capital and ICT capital enter nonlinearly.
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Bibliographic InfoPaper provided by University of Guelph, Department of Economics and Finance in its series Working Papers with number 0701.
Length: 22 pages
Date of creation: 2007
Date of revision:
Other versions of this item:
- Ketteni, Elena & Mamuneas, Theofanis P. & Stengos, Thanasis, 2007. "Nonlinearities in economic growth: A semiparametric approach applied to information technology data," Journal of Macroeconomics, Elsevier, vol. 29(3), pages 555-568, September.
- NEP-ALL-2007-04-09 (All new papers)
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