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 …

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 …