ICT Equipment Investment and Growth in Low- and Lower-Middle-Income Countries
AbstractWhile production of ICT equipment plays a subordinate role for economic growth in most of these countries, they do benefit from capital deepening arising from falling prices of ICT equipment. Adapting established growth accounting approaches to the data environment of low-income countries, we quantify the growth impacts of absorption of ICT equipment, finding that ICT-related capital deepening contributed 0.2 percentage points to growth in low-income countries, and 0.3 percentage points in low-middle-income countries. The latter is about half the level typically found for industrialized countries.
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Bibliographic InfoPaper provided by International Monetary Fund in its series IMF Working Papers with number 10/66.
Date of creation: 01 Mar 2010
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- Kangni Kpodar & Mihasonirina Andrianaivo, 2011. "ICT, Financial Inclusion, and Growth Evidence from African Countries," IMF Working Papers 11/73, International Monetary Fund.
- Hiranya K. Nath & Lirong Liu, 2012. "Information and Communications Technology (ICT) and Trade in Emerging Market Economies," Working Papers, Sam Houston State University, Department of Economics and International Business 1205, Sam Houston State University, Department of Economics and International Business.
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