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ICT Demand Behaviour: an International Comparison

Author

Listed:
  • Gilbert Cette

    (Centre de recherche de la Banque de France - Banque de France)

  • Jimmy Lopez

    (LEG - Laboratoire d'Economie et de Gestion - UB - Université de Bourgogne - CNRS - Centre National de la Recherche Scientifique)

Abstract

This study aims to provide some empirical explanations for the gaps in ICT diffusion between industrialized countries and especially between European countries and the United States. National macroeconomic panel data are mobilized for eleven OECD countries over the 1981-2005 period. The analysis is based on factor demand estimates. It provides some original results: (i) The impact on ICT diffusion is positive for the level of education and negative for market rigidities, and both increased over time (in absolute terms) until the middle of the 1990s; (ii) In each country, the price-elasticity of demand for ICT decreased (in absolute terms) over time, from 2 at the beginning of the 1980s to 1 in the middle of the 2000s.

Suggested Citation

  • Gilbert Cette & Jimmy Lopez, 2012. "ICT Demand Behaviour: an International Comparison," Post-Print halshs-01226444, HAL.
  • Handle: RePEc:hal:journl:halshs-01226444
    Note: View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-01226444
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    More about this item

    Keywords

    ICT; investment; factor demand; productivity; education; regulation;
    All these keywords.

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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