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Information Technology And The Productivity Paradox:Emerging Evidence From The African Economies

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  • GODWIN CHUKWUDUM NWAOBI

Abstract

Technological progress is considered as a source of growth and productivity gains for national economies. Thus, understanding the factors that determine the diffusion of new technologies across countries is important to understanding the process of economic development. This project therefore investigates whether technological revolution has revolutionary economic consequences and in particular, is economic productivity growing at a much faster rate today, and if so , will it continue to do so in the future? Using the dynamic panel data methodology , emerging evidence from African economies will be revealed.

Suggested Citation

  • Godwin Chukwudum Nwaobi, 2004. "Information Technology And The Productivity Paradox:Emerging Evidence From The African Economies," Game Theory and Information 0401001, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpga:0401001
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    References listed on IDEAS

    as
    1. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
    2. Pohjola, Matti, "undated". "Information Technology and Economic Growth: A Cross-Country Analysis," WIDER Working Papers 295500, United Nations University, World Institute for Development Economic Research (UNU-WIDER).
    3. Tybout, James R., 1992. "Making noisy data sing : Estimating production technologies in developing countries," Journal of Econometrics, Elsevier, vol. 53(1-3), pages 25-44.
    4. Temitope Oshikoya & Nureldin Hussain, 1998. "Information Technology and the Challenge of Economic Development in Africa," African Development Review, African Development Bank, vol. 10(1), pages 100-133.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    TECHNOLOGICAL PROGRESS; GROWTH; PRODUCTIVITY DIFFUSION; ICTS; AFRICAN ECONOMIES; DYNAMIC PANEL DATA;
    All these keywords.

    JEL classification:

    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty

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