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Déficit tecnológico y crecimiento económico en España
[Technological deficit and economic growth in Spain]

Author

Listed:
  • Mas, Matilde
  • Quesada, Javier

Abstract

This article explores the Spanish relative position in terms of exposure to Information and Communication Technology (ICT) and its impact on economic growth over the last decade. It shows a wide set of indicators reflecting a technological gap of the country. This lag is more intensive in its less developed regions. The accessibility to data on capital stock by asset type allowed us to do carry out a Growth Accounting exercise. As a result, we find that since 1995, the steady fall in labor productivity is explained by an insufficient investment on non-ICT capital as well as by a negative contribution from Total Factor Productivity (TFP). The positive news is the finding of a slight recovery since 2000 brought about by a higher rate of ICT and non-ICT capital accumulation and by a less negative contribution from TFP. The article concludes that the most positive effects of ICT are still to come.

Suggested Citation

  • Mas, Matilde & Quesada, Javier, 2005. "Déficit tecnológico y crecimiento económico en España
    [Technological deficit and economic growth in Spain]
    ," MPRA Paper 15836, University Library of Munich, Germany, revised 2005.
  • Handle: RePEc:pra:mprapa:15836
    as

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    File URL: https://mpra.ub.uni-muenchen.de/15836/1/MPRA_paper_15836.pdf
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    References listed on IDEAS

    as
    1. Quesada Ibáñez Javier & Mas Ivars Matilde, 2006. "The Role of ICT in the Spanish Productivity Slowdown," Working Papers 201035, Fundacion BBVA / BBVA Foundation.
    2. Jorgenson, Dale W. & Motohashi, Kazuyuki, 2005. "Information technology and the Japanese economy," Journal of the Japanese and International Economies, Elsevier, vol. 19(4), pages 460-481, December.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    ICT; Growth; Productivity;

    JEL classification:

    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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