On the contribution of information and communication technology to productivity growth in Australia

Shahiduzzaman, Muhammad, Layton, Allan, & Alam, Khorshed (2015) On the contribution of information and communication technology to productivity growth in Australia. Economic Change and Restructuring, 48(3), pp. 281-304.

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This paper revisits the so-called ‘ICT-productivity paradox’ from a long-run perspective by using annual Australian data for 1965–2013. It provides estimates of long-run and short-run elasticities of labour productivity with respect to ICT capital deepening, and explores the nature of long-run causality among productivity growth and ICT and non-ICT capital deepening. The estimates of long-run elasticities are derived by employing both time-series and panel data econometric techniques. The empirical results provide strong confirmatory evidence of the long-run impact of ICT capital deepening on labour productivity in Australia.

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ID Code: 93103
Item Type: Journal Article
Refereed: Yes
Keywords: Capital Deepening, Information and Communication Technology, Productivity
DOI: 10.1007/s10644-015-9171-9
ISSN: 1573-9414
Subjects: Australian and New Zealand Standard Research Classification > ECONOMICS (140000) > APPLIED ECONOMICS (140200)
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Management
Deposited On: 22 Feb 2016 02:00
Last Modified: 22 Feb 2016 21:40

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