Knowledge Spillover from Information and Communication Technology: A Comparative Study of Australia, Japan, South Korea and Taiwan
This paper analyses the role of information and communication technology (ICT) in Australia, Japan, South Korea and Taiwan within a framework of endogenous growth theory. The focus of this study is ‘knowledge spillover' from ICT. The empirical results suggest that the knowledge spillover from ICT has a strong contribution to the economy-wide R&D; they also suggest that the contribution of ICT to output growth is very limited. These results are consistent with the recent finding that newly introduced technology involves a time lag to contribute to the output growth. As ICT is relatively a new technology, the effects of ICT seem to be still confined only in R&D activities.
|Date of creation:||Nov 2004|
|Date of revision:|
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- Paul Romer, 1989.
"Endogenous Technological Change,"
NBER Working Papers
3210, National Bureau of Economic Research, Inc.
- Paul Schreyer, 2000. "The Contribution of Information and Communication Technology to Output Growth: A Study of the G7 Countries," OECD Science, Technology and Industry Working Papers 2000/2, OECD Publishing.
- Dirk Pilat & Frank C. Lee, 2001. "Productivity Growth in ICT-producing and ICT-using Industries: A Source of Growth Differentials in the OECD?," OECD Science, Technology and Industry Working Papers 2001/4, OECD Publishing.
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