The impact of Information and Communication Technology (ICT) on Total Factor Productivity (TFP) is analysed under the hypothesis that a greater use of ICT may help firms to increase their efficiency. ICTs are considered as General Purpose Technologies (GPTs), i.e. drastic technological...

This paper analyses the relationship between investment in Information and Communication Technologies (ICTs) and Technical Efficiency (TE). It uses a panel dataset of Italian manufacturing firms during the period 1995-2003. In contrast to much of the existing literature which focuses on the...

Verdoorn's law refers to a statistical relationship between the long-run growth rate of labour productivity and the growth rate of output, usually for the manufacturing sector. Since the sixties this relationship has been examined in a large number of studies using a wide variety of data sets...