Empirical evidence of externalities of IT capital in Japan

We tested for the presence of IT capital externalities, based on a translog cost function framework applied to 10 Japanese manufacturing industries for the years 1974 to 1993. This framework allows us to test whether investment in IT capital in other industries reduces costs in a given industry. Our findings strongly suggest that externalities are prevalent in these manufacturing industries.

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Year of publication:	2005
Authors:	Nakanishi, Yasuo
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 15.2005, 18, p. 1-11
Publisher:	AccessEcon
Subject:	Externality

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Classification:	O3 - Technological Change; Research and Development ; R3 - Real Estate Markets, Spatial Production Analysis, and Firm Location
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005416996