English, Article, Journal or magazine article edition: The E¤ect of Information Technology and Human Capital on Economic Growth Ketteni Elena; Mamuneas Theofanis; Stengos Thanasis

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Bookmark: http://trove.nla.gov.au/version/145284
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • The E¤ect of Information Technology and Human Capital on Economic Growth
Author
  • Ketteni Elena
  • Mamuneas Theofanis
  • Stengos Thanasis
Physical Description
  • preprint
Notes
  • In this paper we compare the impact of hardware, software and com munication equipments, widely referred to as information and communication technologies (ICT) on economic growth among the advanced industrialized countries. We use nonparametric techniques that allow us to directly estimate the elasticity of ICT and human capital for each country and time period. We also examine whether the nonlinear relationship between human capital and growth, found in the literature, still persists in the presence of ICT e¤ects. The data covers the period from 1980-2004, for a range of OECD countries and the results indicate that there exist a nonlinear relationship between ICT and productivity along with a nonlinear relationship between human capital and productivity. Additionally, we observe that in high levels of ICT capital the output elasticities of human capital are larger and the more educated workers in a country the higher are the output elasticities of ICT.
  • RePEc:rim:rimwps:03-07
Language
  • English
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