This chapter provides new estimates of the effects of ICT investments on total labour demand in 19 OECD countries over the early 1990-2012. The findings suggest that ICT investments have no effects on labour demand in the long run. In the short run, however, due to sluggish adjustments in...

ICT components, such as microprocessors, may be embodied in other capital goods not recorded as ICT in National Accounts. We name ‘indirect ICT investment' the value of embodied ICT components in non-ICT investment. The paper provides estimates of ‘indirect ICT investment' based on detailed...