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Technological Change and ICTs in OECD Countries

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Author Info

  • M. Gulenay Ongan Baskaya

    ()
    (Department of Economics, Brown University)

  • Erkan Erdil

    ()
    (STP Research Center, METU)

Abstract

The motivation of the study is to form a ground for further research on the issue of the effect of electronic commerce on economic variables that has been supported by empirical models. In this respect, a considerable part of the study is devoted to the discussion of the building significant relationship between technology, electronic commerce and the fundamentals of the real economy. As a result of both the conceptual part and the analytical part, two important conclusions were drawn. The first one is that technological change is increasingly gaining special emphasis especially with the rising arguments on the issue of "New Economy". The second important point is that technological change and electronic commerce are in relation with the most important variables of the real economy like gross domestic product, investment, trade balance and also R&D expenditures.

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File URL: http://www.stps.metu.edu.tr/sites/stps.metu.edu.tr/files/0301.pdf
File Function: First version, 2003
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Bibliographic Info

Paper provided by STPS - Science and Technology Policy Studies Center, Middle East Technical University in its series STPS Working Papers with number 0301.

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Length: 47 pages
Date of creation: Jan 2003
Date of revision: Jan 2003
Handle: RePEc:met:stpswp:0301

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Related research

Keywords: Technological Change; ICTs; E-commerce; employment; macroeconomics; OECD;

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References

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  1. Mark Sanders & Bas ter Weel, 2000. "Skill-Biased Technical Change Theoretical Concepts, Empirical Problems and a Survey of the Evidence," DRUID Working Papers 00-8, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
  2. Berman, Eli & Bound, John & Machin, Stephen, 1997. "Implications of Skill-Biased Technological Change: International Evidence," Working Paper Series 486, Research Institute of Industrial Economics.
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  12. Sanders,Mark & Weel,Bas,ter, 2000. "Skill-Biased Technical Change: Theoretical Concepts, Empirical Problems and a Survey of the Evidence," Research Memorandum 012, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).
  13. Alessandra Colecchia & George Papaconstantinou, 1996. "The Evolution of Skills in OECD Countries and the Role of Technology," OECD Science, Technology and Industry Working Papers 1996/8, OECD Publishing.
  14. Richard R. Nelson & Edmond S. Phelps, 1965. "Investment in Humans, Technological Diffusion and Economic Growth," Cowles Foundation Discussion Papers 189, Cowles Foundation for Research in Economics, Yale University.
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