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ICT Diffusion and Potential Output Growth

Cette, Gilbert; Mairesse, Jacques; Kocoglu, Yusuf - 2012

The sustained increase in productivity gains from the spread of ICTs may increase potential output growth in the medium … to long term via capital deepening effects and total factor productivity (TFP) gains, and in the short to medium term via … the lagged adjustment of wages to productivity gains. The orders of magnitude resulting from the assessment data presented …

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