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9783790816471

Computers And Productivity

by
  • ISBN13:

    9783790816471

  • ISBN10:

    3790816477

  • Format: Paperback
  • Copyright: 2005-12-16
  • Publisher: Physica Verlag
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Summary

Information and communication technologies (ICTs) create potentials for considerable productivity gains and for higher economic growth. However, ICTs also pose varied challenges to firms in order to benefit from these potentials. Highlighting the importance of innovations, firm-sponsored training, and recruitment of high-skilled workers, this monograph analyses why and to what extent firms differ in their capabilities to make ICT work productively. The work also comprises a detailed discussion of economic theory concerning ICT use and complementary firm strategies. In addition it provides a comprehensive treatment of various methodological issues concerning the measurement of firm-level productivity in econometric analyses.

Table of Contents

Introduction
1(8)
Impacts of ICT as a general purpose technology
9(48)
Introduction
9(3)
General-purpose properties of ICT
12(3)
ICT productivity and complementarities
15(14)
Contributions to productivity
16(6)
Complements to ICT use
22(3)
A theoretical model of complementarities
25(4)
Empirical evidence for Germany
29(20)
ICT diffusion
31(6)
Corporate strategies associated with ICT use
37(12)
Conclusions
49(2)
Appendix
51(6)
Inferring complementarity from correlation
51(2)
Tables
53(4)
Contributions of ICT to firm productivity
57(44)
Introduction
57(2)
Theoretical and methodological issues
59(1)
The scope of firm-level analyses
59(9)
A model of ICT-induced quality improvements
61(3)
Reference framework
64(1)
Extensions
65(3)
Data
68(4)
Empirical results
72(15)
Reference framework
72(8)
Extensions
80(7)
Conclusions
87(2)
Appendix
89(12)
GMM estimation of the production function
89(3)
Imposing common factor restrictions by minimum distance
92(2)
Tables
94(7)
ICT productivity and innovations
101(32)
Introduction
101(2)
Theoretical background
103(11)
ICT and innovational complementarities
103(2)
Innovative capabilities and the role of experience
105(3)
Specifics of innovation in services
108(3)
Empirical model
111(3)
Data
114(4)
Empirical results
118(9)
Results for the theoretical framework
118(7)
Discussion and alternative explanations
125(2)
Conclusions
127(2)
Appendix
129(4)
Tables
129(4)
ICT productivity and human capital investments
133(42)
Introduction
133(3)
Theoretical issues
136(5)
Previous studies
136(4)
Theoretical hypotheses
140(1)
Empirical approach
141(6)
Correlations in factor choice
142(2)
Productive interactions
144(2)
Training incentives from ICT investment?
146(1)
Data
147(3)
Empirical results
150(12)
Correlated factor choice
151(5)
Complementarities in the production function
156(4)
Wage cost effects and training incentives
160(2)
Conclusions
162(1)
Appendix
163(12)
Sample selection in logarithmic specifications
163(4)
Tables and graphs
167(8)
Conclusions
175(8)
References 183

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