Testing the impact of ICT in developed countries during 1980-1995: distributional analysis in Solow’s growth accounting framework
In this paper we study the impact of ICT capital in developed countries during 1980-1995. We use Solow’s growth accounting methodology synthesized with statistical testing about equality of distributions and multimodality of distributions. We test for significance of a contribution from each source of Solow’s decomposition, including contribution of ICT capital, as well as test whether any of the contributions are responsible for a multi-club convergence phenomenon and find interesting results.
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|Date of revision:||Dec 2010|
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