Information Technology and Its Impact on Economic Growth and Productivity In Korea
The purpose of this study is to examine the impact of IT on economic growth and productivity in Korea during the 1971-2000 periods. The growth contributions from standard input factors, IT capital inputs, and the business cycle effect are calculated on the basis of the growth accounting framework. The study also examines the source of productivity growth, using the extended growth model and drawing attention to the role that IT and knowledge capital may have played. The results show that IT capital contributed 16.3 percent to the output growth and has a strong positive effect on the growth of labor productivity in the long run. 
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Volume (Year): 17 (2003)
Issue (Month): 3 ()
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References listed on IDEAS
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- Ky-Hyang Yuhn & Jene Kwon, 2000. "Economic growth and productivity: A case study of South Korea," Applied Economics, Taylor & Francis Journals, vol. 32(1), pages 13-23.
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- Alwyn Young, 1992. "A Tale of Two Cities: Factor Accumulation and Technical Change in Hong Kong and Singapore," NBER Chapters, in: NBER Macroeconomics Annual 1992, Volume 7, pages 13-64 National Bureau of Economic Research, Inc.
- Ilsoon Shin, 2000. "Use Of Information Network And Organizational Productivity: Firm-Level Evidence In Korea," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 9(5), pages 447-646.
- Alwyn Young, 1995. "The Tyranny of Numbers: Confronting the Statistical Realities of the East Asian Growth Experience," The Quarterly Journal of Economics, Oxford University Press, vol. 110(3), pages 641-680.
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