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-country analysis. Earlier studies did not account for the regulatory environment nor cover the entire ICT sector. This paper … conclusive - that weaker regulation supports investment in the ICT sector due to higher prices for the service. …
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A contradiction coils through the political economy: that today's financial and economic crisis began in the historical heartland of advanced information and communications technology (ICTs): the United States. It was not supposed to turn out this way. ICTs were to be the source of economic...
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). Using an unbalanced panel data set of 85 U.S. information and communication technology (ICT) firms that survived over the …-method-of-moments estimator for linear dynamic panel models (Blundell and Bond, 1998), we document that growth in the ICT industry is not … stochastic, as predicted by Gibrat (1931), but driven by systematic factors. We find compelling evidence that in the ICT industry …
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