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The Contribution Of Information And Communication Technology To Output Growth: A Study Of The G7 Countries

P. Schreyer
Published 2000 · Economics

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This paper deals with the contribution of information and communication technology (ICT) to economic growth and to labour and multi-factor productivity. It uses a well-established growth accounting framework to assess the role of ICTs as capital inputs and the contribution of these capital inputs to output growth. The paper provides an international perspective by presenting results for the G7 countries. For this purpose, data on ICT investment expenditure were compiled from several sources, to construct measures of ICT capital stocks and capital services. Special care was taken to account for the methodological differences in price deflators for computers as they exist across OECD countries. For all seven countries, the report finds that ICT capital goods have been important contributors to economic growth, although the role of ICT has been most accentuated in the United States. An important limitation of the study lies in the timeliness of internationally comparable data. ... Cette etude examine la contribution des technologies de l’information et de la communication (TIC) a la croissance economique, ainsi qu’a la productivite du travail et a la productivite totale des facteurs. Elle s’appuie sur un cadre eprouve d’analyse causale de la croissance pour evaluer le role des TIC en tant qu’apports de capital et la contribution de ces apports a la croissance de la production. L’etude propose un tour d’horizon international en presentant les resultats des pays du G7. A cette fin, des donnees sur les depenses d’equipement en TIC ont ete recueillies aupres de plusieurs sources et classees de facon a obtenir des mesures du stock de capital sous forme de TIC et des services tires de ce capital. Les differences methodologiques entre les pays de l’OCDE en ce qui concerne les coefficients d’ajustement des prix des ordinateurs ont ete soigneusement prises en compte. Il apparait que les biens d’equipement des TIC ont joue un role important dans la croissance ...
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