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ICT and Economic Growth in Spain 1985-2002

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  • Mas, Matilde
  • Quesada, Javier

Abstract

Using new sectoral data on investment and capital services we carry out a growth accounting exercise on Spain 1985-2002. We compute the contribution to output and labour productivity growth of employment, non-ICT and ICT capital, labour qualification and Total Factor Productivity. Results are given for 29 different branches; individually and grouped into four clusters according to their ICT use intensity. Three ICT assets (hardware, communications and software) are considered. We find that although the ICT intensive group appears to be the most dynamic cluster, most of the impact on productivity is still to come. There is some evidence of a reversal of the productivity slow down of the nineties starting in the year 2000.

Suggested Citation

  • Mas, Matilde & Quesada, Javier, 2005. "ICT and Economic Growth in Spain 1985-2002," MPRA Paper 15823, University Library of Munich, Germany, revised 2005.
    • Handle: RePEc:pra:mprapa:15823
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    References listed on IDEAS

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    1. Martin Neil Baily & Robert J. Gordon, 1988. "The Productivity Slowdown, Measurement Issues, and the Explosion of Computer Power," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 19(2), pages 347-432.
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    3. Kevin J. Stiroh, 2002. "Information Technology and the U.S. Productivity Revival: What Do the Industry Data Say?," American Economic Review, American Economic Association, vol. 92(5), pages 1559-1576, December.
    4. Bresnahan, Timothy F, 1986. "Measuring the Spillovers from Technical Advance: Mainframe Computers inFinancial Services," American Economic Review, American Economic Association, vol. 76(4), pages 742-755, September.
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    Cited by:

    1. Carmen Galve-Górriz & Ana Gargallo Castel, 2010. "Revisión del Estado de la sociedad de la información en Espana," Revista Facultad de Ciencias Económicas, Universidad Militar Nueva Granada, June.
    2. José M. Pastor & Carlos Peraita & Francisco Pérez, 2016. "Estimating the long-term economic impacts of Spanish universities on the national economy," Papers in Regional Science, Wiley Blackwell, vol. 95(4), pages 673-692, November.
    3. Monteforte, Fabio, 2020. "Structural change, the push-pull hypothesis and the Spanish labour market," Economic Modelling, Elsevier, vol. 86(C), pages 148-169.

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    More about this item

    Keywords

    growth accounting; productivity; ICT;
    All these keywords.

    JEL classification:

    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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