Many measures of the impact of Information and Comunication Technology (ICT) on growth have been provided for the United States; much fewer analyses have been proposed for European countries, due also to scarcity of disaggregated data. In this paper we make use of very detailed sectoral data for...

The aim of this paper is to identify the stage of IT adoption in individual European economies, and to analyse the determinants of IT investment in a panel of EU countries. We first analyse the dynamics of IT investment expenditure in 15 European countries from 1992 until 2001 and, by means of a...

The aim of this paper is to identify the stage of IT adoption in individual European economies, and to analyse which factors affect IT investment in a panel of EU countries. We first analyse the dynamics and the composition of IT investment expenditure in the United Kingdom, Netherlands,...

In this paper we make use of very detailed sectoral data for Italy to study both the aggregate evolution and the sectoral diffusion of ICT investment expenditure during the 1990s. In the aggregate we find that the 1992 recession strongly halted ICT investment, and only in 1999 the Italian...

External finance can provide a positive contribution to the transition process and can enhance welfare in former centrally planned economies, especially when domestic saving has not fully recovered after the initial contraction. However, as was pointed out at the beginning of the transition...