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An exploration of the effects of the interaction between ICT and labor force on economic growth in transition economies

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  • Samoilenko, Sergey
  • Osei-Bryson, Kweku-Muata

Abstract

Complementary investments serve as one of the prerequisites for the successful translation of investments in Information and Communication Technologies (ICT) into macroeconomic outcomes. In this study, we investigate the presence of complementarity between investments in Telecoms and full-time Telecom staff in the context of transition economies (TE). Using translog formulation of Cobb-Douglas production function, we determined the presence of statistically significant interaction effect between the two variables. The direction of the effect, however, varies between the two subgroups of TEs in our sample, thus suggesting the presence of the level-dependent threshold.

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  • Samoilenko, Sergey & Osei-Bryson, Kweku-Muata, 2008. "An exploration of the effects of the interaction between ICT and labor force on economic growth in transition economies," International Journal of Production Economics, Elsevier, vol. 115(2), pages 471-481, October.
  • Handle: RePEc:eee:proeco:v:115:y:2008:i:2:p:471-481
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    2. Sergey Valery Samoilenko, 2013. "Investigating factors associated with the spillover effect of investments in telecoms: Do some transition economies pay too much for too little?," Information Technology for Development, Taylor & Francis Journals, vol. 19(1), pages 40-61, January.
    3. Graziella Bonanno, 2016. "ICT and R&D as inputs or efficiency determinants? Analysing Italian manufacturing firms (2007–2009)," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 6(3), pages 383-404, December.
    4. Samoilenko, Sergey & Osei-Bryson, Kweku-Muata, 2013. "Using Data Envelopment Analysis (DEA) for monitoring efficiency-based performance of productivity-driven organizations: Design and implementation of a decision support system," Omega, Elsevier, vol. 41(1), pages 131-142.
    5. Ira Haavisto & Alain Vaillancourt, 2017. "The Effect of ICT on Supply Chains of Emerging Markets," CIRANO Working Papers 2017s-28, CIRANO.
    6. Lin, Winston T. & Chiang, Chung-Yean, 2011. "The impacts of country characteristics upon the value of information technology as measured by productive efficiency," International Journal of Production Economics, Elsevier, vol. 132(1), pages 13-33, July.
    7. Kyriakidou, Vagia & Michalakelis, Christos & Sphicopoulos, Thomas, 2011. "Digital divide gap convergence in Europe," Technology in Society, Elsevier, vol. 33(3), pages 265-270.
    8. Abou-Shouk, Mohamed A. & Lim, Wai Mun & Megicks, Phil, 2016. "Using competing models to evaluate the role of environmental pressures in ecommerce adoption by small and medium sized travel agents in a developing country," Tourism Management, Elsevier, vol. 52(C), pages 327-339.

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