The impact of ICT on productivity of Italian firms: evaluation of the micro-complementarity hypothesis
The seminal work of Milgrom and Roberts (1990) established that interactions between factors such as Information and Communication Technologies (ICTs), organization and human capital entail a complementary relationship between these inputs; from such interactions, firms are able to exploit productivity gains arising from ICT investment. The empirical analysis is conducted on a panel of Italian manufacturing firms covering the period 2001--2006. The application of a suited System Generalized Method of Moments (SYS-GMM) estimator shows that for firms engaging ICT there exists a more coherent relationship between pair inputs and also among all three inputs considered.
Year of publication: |
2013
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Authors: | Donati, Cristiana ; Sarno, Domenico |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 20.2013, 4, p. 349-352
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Publisher: |
Taylor & Francis Journals |
Saved in:
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