Elstner, Steffen; Grimme, Christian; Kecht, Valentin; … - 2020
productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative …We study whether technology gains in sectors related to Information and Communications Technology (ICT) increase … price of ICT goods and services in a structural VAR with medium-run restrictions. Using local projections to estimate the …