ICT and productivity growth in the 1990s: panel data evidence for Europe
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ICT and productivity growth in the 1990s : panel data evidence for Europe. / Kongsted, Hans Christian; Dahl, Christian ; Sørensen, Anders .
I: Empirical Economics, Bind 40, Nr. 1, 02.2011, s. 141-164.Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt
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TY - JOUR
T1 - ICT and productivity growth in the 1990s
T2 - panel data evidence for Europe
AU - Kongsted, Hans Christian
AU - Dahl, Christian
AU - Sørensen, Anders
N1 - JEL classification: E32, C23, O47
PY - 2011/2
Y1 - 2011/2
N2 - What has been the quantitative effect on productivity growth of information and communication technology (ICT) in Europe after 1995? Based on a multi-country sectoral panel data set, the authors provide econometric evidence of positive and significant productivity effects of ICT in Europe, mainly due to advances in total factor productivity. The impact of ICT in Europe has happened against a negative macro economic shock not related to ICT. This is in contrast to the established evidence for the US. Our main results challenge the consensus in the growth-accounting literature that there has been no acceleration of productivity growth in Europe, mainly due to a dismal performance of ICT-using sectors.
AB - What has been the quantitative effect on productivity growth of information and communication technology (ICT) in Europe after 1995? Based on a multi-country sectoral panel data set, the authors provide econometric evidence of positive and significant productivity effects of ICT in Europe, mainly due to advances in total factor productivity. The impact of ICT in Europe has happened against a negative macro economic shock not related to ICT. This is in contrast to the established evidence for the US. Our main results challenge the consensus in the growth-accounting literature that there has been no acceleration of productivity growth in Europe, mainly due to a dismal performance of ICT-using sectors.
U2 - 10.1007/s00181-010-0421-4
DO - 10.1007/s00181-010-0421-4
M3 - Journal article
VL - 40
SP - 141
EP - 164
JO - Empirical Economics
JF - Empirical Economics
SN - 0377-7332
IS - 1
ER -
ID: 32473566