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How big a boost to long run growth can countries expect from the ICT revolution? I use the results of growth accounting …-sector model is required because of the very rapid rate at which the prices of ICT products have fallen in the past and are … expected to fall in the future. According to the two-sector model, the main boost to growth comes from ICT use, not ICT …
Persistent link: https://www.econbiz.de/10010884516
Computers and ICT have changed the way we live and work. The latest WERS 2004 provides a snapshot of how using ICT at …
Persistent link: https://www.econbiz.de/10010928708
Studies of firm-level data have shown that there is a huge dispersion of productivity across firms even when industries are narrowly defined. So there is a significant opportunity for the least productive firms to catch up to the most productive. The formers’ convergence could therefore...
Persistent link: https://www.econbiz.de/10010744856
The extent to which the impact of computer skills depends on how computers are used is investigated using British data from an establishment survey, cohort studies and the European E-Living survey. We examine the importance of activity and frequency of use in these various data sources. We find...
Persistent link: https://www.econbiz.de/10010744975
We use a new industry-level dataset to quantify the role of ICT in explaining productivity growth in the UK, 1970 … that ICT capital played an increasingly important, and in the 1990s the dominant, role in accounting for labour … productivity growth in the market sector. Econometric evidence also supports an important role for ICT. We also find econometric …
Persistent link: https://www.econbiz.de/10010745929
model which suggests that improvements in ICT will increase the dispersion of economic activity across cities making city …
Persistent link: https://www.econbiz.de/10010746130
other structural changes over the same period such as increased globalisation and usage of ICT. I argue that the increase …. Surprisingly however, the positive correlation between ICT and net entry share – a main result of earlier studies – becomes more …
Persistent link: https://www.econbiz.de/10010746177
productivity. The “Solow Paradox” of the absence of an impact of ICT on productivity no longer holds, if it ever did. Both growth … estimates suggest a much larger impact of ICT on productivity than would be expected from the standard neoclassical model that …
Persistent link: https://www.econbiz.de/10011071487
Throughout modern business history, contract has been used as an organizational technology that holds counterparties in formal or legally binding agreements. The proliferation of contract prompted the emergence of professional contract managers who played an important but relatively peripheral...
Persistent link: https://www.econbiz.de/10010744884
This paper presents a pairwise matching model with two-sided information asymmetry to analyse the impact of information costs on endogenous network building and matching by information intermediaries. The framework innovates by examining the role of information costs on incentives for trade...
Persistent link: https://www.econbiz.de/10010745054