Impact of the Investments in ICT on Total Factor Productivity

The goal of this research is to establish a link
between the subset of investments in information and
communication technologies (ICT), namely, investments
in Telecoms, and economic growth in the context of
countries that are currently classified by the
international community as transition economies (TE).
More specifically, in this study we focus on the
relationship between ICT and one of the determinants
of economic growth, total factor productivity (TFP).
Neoclassical growth accounting and the theory of
complementarity provide the theoretical framework on
which we build this research. By combining the data
obtained from two sources, the World Bank Database
and the IT Yearbook, we were able to construct a
10-year data set for 18 TEs spanning the period from
1993 to 2002.
Our inquiry is structured as a seven-step process
that utilizes six data analytic methods.

Autorentext

Sergey Samoilenko holds PhD and MS degrees in Information Systemsfrom Virginia Commonwealth University, and B.S. in IndustrialEngineering from the Institute of Soviet Trade Technology. He is an associate professor of Computer Information System, in theDepartment of Computer Information Systems/Computer Science,Virginia Union University.

Klappentext

The goal of this research is to establish a link between the subset of investments in information and communication technologies (ICT), namely, investments in Telecoms, and economic growth in the context of countries that are currently classified by the international community as transition economies (TE). More specifically, in this study we focus on the relationship between ICT and one of the determinants of economic growth, total factor productivity (TFP). Neoclassical growth accounting and the theory of complementarity provide the theoretical framework on which we build this research. By combining the data obtained from two sources, the World Bank Database and the IT Yearbook, we were able to construct a 10-year data set for 18 TEs spanning the period from 1993 to 2002. Our inquiry is structured as a seven-step process that utilizes six data analytic methods.