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E-Business Implications for Productivity and Competitiveness

Author

Listed:
  • Pece Mitrevski

    (Faculty of Technical Sciences, Bitola, Macedonia)

  • Olivera Kostoska
  • Marjan Angeleski

    (Faculty of Economics, Prilep, Macedonia)

Abstract

Information and Communication Technology (ICT) affects to a great extent the output and productivity growth. Evidence suggests that investment growth in ICT has rapidly accelerated the TFP (total factor productivity) growth within the European Union. Such progress is particularly essential for the sectors which themselves produce new technology, but it is dispersing to other sectors, as well. Nevertheless, decrease in ICT investment does not necessarily decline the ICT contribution to output and productivity growth. These variations come out from the problems related to the particular phenomenon proper assessment, but predominantly from the companies’ special requirements, as well as the necessary adjustments of labour employed. Hence, this paper aims at estimating the huge distinction in terms of ICT and TFB contributions to labour productivity growth among some of the European member states, as well as the factors which might stand behind the particular findings.

Suggested Citation

  • Pece Mitrevski & Olivera Kostoska & Marjan Angeleski, 2009. "E-Business Implications for Productivity and Competitiveness," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 253-262, May.
  • Handle: RePEc:cbu:jrnlec:y:2009:v:1:p:253-262
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    References listed on IDEAS

    as
    1. Paul Schreyer, 2000. "The Contribution of Information and Communication Technology to Output Growth: A Study of the G7 Countries," OECD Science, Technology and Industry Working Papers 2000/2, OECD Publishing.
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    More about this item

    Keywords

    e-business; ICT; productivity; competitiveness;

    JEL classification:

    • C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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