ICT and productivity growth in the 1990s: panel data evidence on Europe

被引:0
|
作者
Christian M. Dahl
Hans Christian Kongsted
Anders Sørensen
机构
[1] University of Southern Denmark,Department of Business and Economics
[2] CREATES,Department of Economics
[3] University of Copenhagen,Department of Economics
[4] Centre for Applied Microeconometrics (CAM),undefined
[5] Centre for Economic and Business Research (CEBR),undefined
[6] Copenhagen Business School,undefined
来源
Empirical Economics | 2011年 / 40卷
关键词
Labor productivity; Total factor productivity; Information and communications technology; Panel data methods; E32; C23; O47;
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摘要
What has been the quantitative effect on productivity growth of information and communication technology (ICT) in Europe after 1995? Based on a multi-country sectoral panel data set, the authors provide econometric evidence of positive and significant productivity effects of ICT in Europe, mainly due to advances in total factor productivity. The impact of ICT in Europe has happened against a negative macro economic shock not related to ICT. This is in contrast to the established evidence for the US. Our main results challenge the consensus in the growth-accounting literature that there has been no acceleration of productivity growth in Europe, mainly due to a dismal performance of ICT-using sectors.
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页码:141 / 164
页数:23
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