ICT Capital and Services Complementarities. The Italian Evidence
This article investigates whether Information and Communication Technologies (ICTs) hardware and services play a complementary role in boosting economic growth. The main argument is that investments in ICT fixed capital are a necessary but not sufficient condition leading to productivity gains, above all in late adopter countries. Their effective implementation indeed requires on the one hand a changing economic structure characterized by a growing weight of service sectors and on the other hand complementary investments in ICT services, directed to ease the integration of the new technologies within firms' boundaries. The analysis is conducted on a late industrialized country like Italy, and shows that in lagging countries the weak impact of ICT adoption is the result of three converging forces: relatively high share of manufacturing sectors, low-adoption levels of ICTs in traditional manufacturing sectors, inadequate investments in ICT services.
|Date of creation:||04 Jul 2011|
|Date of revision:|
|Publication status:||Published, Applied Economics, 2011, 43, 20, 2603-2613|
|Note:||View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00727611|
|Contact details of provider:|| Web page: https://hal.archives-ouvertes.fr/|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- R Blundell & Steven Bond, .
"Initial conditions and moment restrictions in dynamic panel data model,"
W14&104., Economics Group, Nuffield College, University of Oxford.
- Blundell, Richard & Bond, Stephen, 1998. "Initial conditions and moment restrictions in dynamic panel data models," Journal of Econometrics, Elsevier, vol. 87(1), pages 115-143, August.
- Blundell, R. & Bond, S., 1995. "Initial Conditions and Moment Restrictions in Dynamic Panel Data Models," Economics Papers 104, Economics Group, Nuffield College, University of Oxford.
- Richard Blundell & Steve Bond, 1995. "Initial conditions and moment restrictions in dynamic panel data models," IFS Working Papers W95/17, Institute for Fiscal Studies.
- Zvi Griliches & Frank R. Lichtenberg, 1984.
"R&D and Productivity Growth at the Industry Level: Is There Still a Relationship?,"
in: R&D, Patents, and Productivity, pages 465-502
National Bureau of Economic Research, Inc.
- Zvi Griliches, 1998. "R&D and Productivity Growth at the Industry Level: Is There Still a Relationship?," NBER Chapters, in: R&D and Productivity: The Econometric Evidence, pages 213-240 National Bureau of Economic Research, Inc.
- Arthur F. Burns, 1934. "Production Trends in the United States Since 1870," NBER Books, National Bureau of Economic Research, Inc, number burn34-1, June.
- Francesco Daveri, .
"The new economy in Europe (1992-2001),"
213, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Arellano, Manuel & Bover, Olympia, 1995.
"Another look at the instrumental variable estimation of error-components models,"
Journal of Econometrics,
Elsevier, vol. 68(1), pages 29-51, July.
- M Arellano & O Bover, 1990. "Another Look at the Instrumental Variable Estimation of Error-Components Models," CEP Discussion Papers dp0007, Centre for Economic Performance, LSE.
- Acemoglu, D., 1997.
"Why Do New Technologies Complement Skills? Directed Technical Change and Wage Inequality,"
97-14, Massachusetts Institute of Technology (MIT), Department of Economics.
- Daron Acemoglu, 1998. "Why Do New Technologies Complement Skills? Directed Technical Change And Wage Inequality," The Quarterly Journal of Economics, MIT Press, vol. 113(4), pages 1055-1089, November.
- Acemoglu, Daron, 1997. "Why Do New Technologies Complement Skills? Directed Technical Change and Wage Inequality," CEPR Discussion Papers 1707, C.E.P.R. Discussion Papers.
- Kevin J. Stiroh, 2002.
"Information Technology and the U.S. Productivity Revival: What Do the Industry Data Say?,"
American Economic Review,
American Economic Association, vol. 92(5), pages 1559-1576, December.
- Kevin J. Stiroh, 2001. "Information technology and the U.S. productivity revival: what do the industry data say?," Staff Reports 115, Federal Reserve Bank of New York.
- Francesco Quatraro, 2009.
"Innovation, structural change and productivity growth: evidence from Italian regions, 1980--2003,"
Cambridge Journal of Economics,
Oxford University Press, vol. 33(5), pages 1001-1022, September.
- Francesco Quatraro, 2009. "Innovation, structural change and productivity growth. Evidence from Italian regions, 1980-2003," Post-Print halshs-00727621, HAL.
- Dale W. Jorgenson, 1995. "Productivity, Volume 1: Postwar US Economic Growth," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262100495, June.
- Cristiano Antonelli & Francesco Quatraro, 2010.
"The effects of biased technological change on total factor productivity: empirical evidence from a sample of OECD countries,"
The Journal of Technology Transfer,
Springer, vol. 35(4), pages 361-383, August.
- Cristiano Antonelli & Francesco Quatraro, 2010. "The Effects of Biased Technological Change on Total Factor Productivity. Empirical Evidence from a Sample of OECD Countries," Post-Print halshs-00727618, HAL.
- Antonelli, Cristiano & Quatraro, Francesco, 2008. "The Effects of Biased Technological Change on Total Factor Productivity. Empirical Evidence from a Sample of OECD Countries," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 200806, University of Turin.
- Erik Brynjolfsson & Lorin M. Hitt, 2003.
"Computing Productivity: Firm-Level Evidence,"
The Review of Economics and Statistics,
MIT Press, vol. 85(4), pages 793-808, November.
- Jackie Krafft & Jacques-Laurent Ravix, 2008.
"Corporate governance and the governance of knowledge: rethinking the relationship in terms of corporate coherence,"
- J. Krafft & J. -L. Ravix, 2008. "Corporate Governance And The Governance Of Knowledge: Rethinking The Relationship In Terms Of Corporate Coherence," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 17(1-2), pages 79-95.
- Arellano, Manuel & Bond, Stephen, 1991.
"Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations,"
Review of Economic Studies,
Wiley Blackwell, vol. 58(2), pages 277-97, April.
- Tom Doan, . "RATS program to replicate Arellano-Bond 1991 dynamic panel," Statistical Software Components RTZ00169, Boston College Department of Economics.
- Bresnahan, Timothy F. & Trajtenberg, M., 1995.
"General purpose technologies 'Engines of growth'?,"
Journal of Econometrics,
Elsevier, vol. 65(1), pages 83-108, January.
- Zvi Griliches, 1979.
"Issues in Assessing the Contribution of Research and Development to Productivity Growth,"
Bell Journal of Economics,
The RAND Corporation, vol. 10(1), pages 92-116, Spring.
- Zvi Griliches, 1998. "Issues in Assessing the Contribution of Research and Development to Productivity Growth," NBER Chapters, in: R&D and Productivity: The Econometric Evidence, pages 17-45 National Bureau of Economic Research, Inc.
- Lipsey, Richard G. & Carlaw, Kenneth I. & Bekar, Clifford T., 2005. "Economic Transformations: General Purpose Technologies and Long-Term Economic Growth," OUP Catalogue, Oxford University Press, number 9780199290895, March.
- Karl Aiginger & Martin Falk, 2005. "Explaining Differences in Economic Growth among OECD Countries," Empirica, Springer, vol. 32(1), pages 19-43, 03.
- Griliches, Zvi, 1969. "Capital-Skill Complementarity," The Review of Economics and Statistics, MIT Press, vol. 51(4), pages 465-68, November.
- Dominique Foray & W. Edward Steinmueller, 2003. "The economics of knowledge reproduction by inscription," Industrial and Corporate Change, Oxford University Press, vol. 12(2), pages 299-319, April.
- Schreyer, Paul, 2002. "Computer Price Indices and International Growth and Productivity Comparisons," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 48(1), pages 15-31, March.
- Francesco Daveri, 2003. "Information Technology and Productivity Growth Across Countries and Sectors," Working Papers 227, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Marcel P. Timmer & Bart van Ark, 2005. "Does information and communication technology drive EU-US productivity growth differentials?," Oxford Economic Papers, Oxford University Press, vol. 57(4), pages 693-716, October.
- Bill Lehr & Frank Lichtenberg, 1999. "Information technology and its impact on firm-level productivity: evidence from government and private data sources, 1977-1993," Canadian Journal of Economics, Canadian Economics Association, vol. 32(2), pages 335-362, April.
When requesting a correction, please mention this item's handle: RePEc:hal:journl:halshs-00727611. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (CCSD)
If references are entirely missing, you can add them using this form.