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Ict And R&D As Inputs Or Efficiency Determinants? Analysing Italian Manufacturing Firms 2007-2009

Listed author(s):
  • Graziella Bonanno

    ()

    (Dipartimento di Economia, Statistica e Finanza, Università della Calabria)

Are Information and Communication Technology (ICT) and Research & Development (R&D) productive inputs or efficiency determinants? This is the topic of this paper which analyses a sample of 2691 Italian manufacturing firms over the period 2007-2009. The empirical setting is based on a production function estimated through the Stochastic Frontier (SF) approach. ICT and R&D are used once as inputs, once as efficiency determinants (Coelli et al., 1999). The results show that the rates of return of ICT and R&D investments are quite high (0.08 for ICT and 0.04 for R&D) when they enter into the model only as inputs. We also documented that ICT and R&D contribute positively to explain the efficiency scores.

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File URL: http://www.ecostat.unical.it/RePEc/WorkingPapers/WP12_2014.pdf
File Function: First version, 2014-09
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Paper provided by Università della Calabria, Dipartimento di Economia, Statistica e Finanza "Giovanni Anania" - DESF in its series Working Papers with number 201412.

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Length: 18 pages
Date of creation: Sep 2014
Handle: RePEc:clb:wpaper:201412
Contact details of provider: Postal:
Università della Calabria, Dipartimento di Economia, Statistica e Finanza "Giovanni Anania", Ponte Pietro Bucci, Cubo 0/C, I-87036 Arcavacata di Rende, CS, Italy

Phone: +39 0984 492413
Fax: +39 0984 492421
Web page: http://www.unical.it/portale/strutture/dipartimenti_240/disesf/

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