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This paper presents new calculations for the production and use of information and communications technology (ICT) in … Finland from 1975 to 2001. ICT-production has in the late 1990s had significant impacts on growth and labour productivity (LP …). As the increase in LP seems to have mushroomed only in the production of ICT, aggregate LP growth experienced a slowdown …
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This paper investigates how different legal frameworks not only affect the amount of external financing available, but also the allocation of resources among different type of assets. Using a simple model, we show that a firm will get less financing, and thus invest less, in a weak law and order...
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There is large evidence on a positive impact of information and communication technologies (ICT) on economic growth and … of ICT to growth and productivity in post-communist, transition economies. Data availability, consistency, and … framework, at estimating the contribution of investment in ICT to output growth and labor productivity in Poland, the largest …
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This paper examines the impact of the New Economy on the relationship between corporate debt policy and firm investment opportunities. One distinctive feature of new economy firms is their high level of investment opportunities. We study whether the impact of investment opportunities on...
Persistent link: https://www.econbiz.de/10013093857
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....
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ICT countries; the Netherlands for their similarities with the above mentioned countries and France as a national … the importance of the ICT sector in these countries through a set of variables: the contribution of the ICT sector to GDP … the ICT sector to jobs growth and the ICT share in foreign trade and direct investment. We then describe the timing of the …
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