ICT and Productivity Growth in the 1990’s: Panel Data Evidence on Europe

Publikation: Working paperForskning


  • Rp10 47

    Forlagets udgivne version, 285 KB, PDF-dokument

  • Christian Møller Dahl, Danmark
  • Hans Christian Kongsted, Københavns Universitet, Danmark
  • Anders Sørensen, Danmark
  • Institut for Økonomi
What has been the quantitative effect on productivity growth of information and communication technology (ICT) in Europe after 1995? Based on a multi-country sectoral panel data set, we provide econometric evidence of positive and signi…cant productivity effects of ICT in Europe, mainly due to advances in total factor productivity. The impact of ICT in Europe has happened against a negative macro economic shock not related to ICT. This is in contrast to the established evidence for the US. Our main results challenge the consensus in the growth-accounting literature that there has been no acceleration of productivity growth in Europe, mainly due to a dismal performance of ICT-using sectors.
UdgiverInstitut for Økonomi, Aarhus Universitet
Antal sider36
StatusUdgivet - 2010

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