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We analyze the effect of ICT and R&D on total factor productivity (TFP) growth across different industries in Sweden. R … significant short-run association between ICT and TFP, we find a positive association with a lag of seven to eight years. Thus …, spillovers from R&D affect TFP much faster than spillovers from ICT-investments. We also divide ICT capital into hardware and …
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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 …
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result is that more than half of the productivity gains related to ICT capital deepening for manufactured goods are … sectoral growth in total factor productivity (TFP) in the ICT sector contributes only moderately to TFP growth in non-ICT value … (ICT)? We analyze this question based on a growth accounting approach at the level of final output. This approach traces …
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In an influential paper Mankiw, Romer, and Weil (1992) argue that the evidence on the international disparity in levels of per capita income and rates of growth is consistent with a standard Solow model, once it has been augmented to include human capital as an accumulable factor. In a study on...
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