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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.

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File URL: http://mpra.ub.uni-muenchen.de/15823/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 15823.

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Date of creation: 2005
Date of revision: 2005
Handle: RePEc:pra:mprapa:15823

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Keywords: growth accounting; productivity; ICT;

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  1. Dale W. Jorgenson & Kevin J. Stiroh, 2000. "Raising the Speed Limit: U.S. Economic Growth in the Information Age," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 31(1), pages 125-236.
  2. Bresnahan, Timothy F, 1986. "Measuring the Spillovers from Technical Advance: Mainframe Computers inFinancial Services," American Economic Review, American Economic Association, vol. 76(4), pages 742-55, September.
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