Edquist, Harald; Henrekson, Magnus - 2016
We analyze the effect of ICT and R&D on total factor productivity (TFP) growth across different industries in Sweden. R …&D alone is significantly associated with contemporaneous TFP growth, thus exhibiting spillover effects. Although there is no … significant short-run association between ICT and TFP, we find a positive association with a lag of seven to eight years. Thus …