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Testing the impact of ICT in developed countries during 1980-1995: distributional analysis in Solow’s growth accounting framework

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  • Zelenyuk, Valentin

Abstract

In this paper we study the impact of ICT capital in developed countries during 1980-1995. We use Solow’s growth accounting methodology synthesized with statistical testing about equality of distributions and multimodality of distributions. We test for significance of a contribution from each source of Solow’s decomposition, including contribution of ICT capital, as well as test whether any of the contributions are responsible for a multi-club convergence phenomenon and find interesting results.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 28029.

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Date of creation: Apr 2005
Date of revision: Dec 2010
Handle: RePEc:pra:mprapa:28029

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Keywords: Growth Accounting; Density estimation; ICT;

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  1. Bart van Ark & Marcin Piatkowski, 2004. "Productivity, innovation and ICT in Old and New Europe," International Economics and Economic Policy, Springer, Springer, vol. 1(2), pages 215-246, January.
  2. Stiroh, Kevin J, 2002. "Are ICT Spillovers Driving the New Economy?," Review of Income and Wealth, International Association for Research in Income and Wealth, International Association for Research in Income and Wealth, vol. 48(1), pages 33-57, March.
  3. Daniel J. Henderson & R. Robert Russell, 2005. "Human Capital And Convergence: A Production-Frontier Approach ," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 46(4), pages 1167-1205, November.
  4. Danny Quah, 1996. "Twin Peaks: Growth and Convergence in Models of Distribution Dynamics," CEP Discussion Papers, Centre for Economic Performance, LSE dp0280, Centre for Economic Performance, LSE.
  5. Los, Bart & Timmer, Marcel P., 2005. "The 'appropriate technology' explanation of productivity growth differentials: An empirical approach," Journal of Development Economics, Elsevier, Elsevier, vol. 77(2), pages 517-531, August.
  6. Quah, Danny T, 1996. "Twin Peaks: Growth and Convergence in Models of Distribution Dynamics," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 106(437), pages 1045-55, July.
  7. Leopold Simar & Valentin Zelenyuk, 2006. "On Testing Equality of Distributions of Technical Efficiency Scores," Econometric Reviews, Taylor & Francis Journals, Taylor & Francis Journals, vol. 25(4), pages 497-522.
  8. Susanto Basu & David N. Weil, 1996. "Appropriate Technology and Growth," NBER Working Papers 5865, National Bureau of Economic Research, Inc.
  9. Daniel J. Henderson & Valentin Zelenyuk, 2007. "Testing for (Efficiency) Catching-up," Southern Economic Journal, Southern Economic Association, vol. 73(4), pages 1003–1019, April.
  10. Charles I. Jones, . "On the Evolution of the World Income Distribution," Working Papers, Stanford University, Department of Economics 97009, Stanford University, Department of Economics.
  11. Timmer, Marcel P. & Ypma, Gerard & Ark, Bart van der, 2003. "IT in the European Union: driving productivity divergence?," GGDC Research Memorandum, Groningen Growth and Development Centre, University of Groningen 200363, Groningen Growth and Development Centre, University of Groningen.
  12. Dale W. Jorgenson, 2007. "Information Technology and the G7 Economies," NBER Chapters, in: Hard-to-Measure Goods and Services: Essays in Honor of Zvi Griliches, pages 325-350 National Bureau of Economic Research, Inc.
  13. Erik Brynjolfsson & Lorin M. Hitt, 2000. "Beyond Computation: Information Technology, Organizational Transformation and Business Performance," Journal of Economic Perspectives, American Economic Association, American Economic Association, vol. 14(4), pages 23-48, Fall.
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