Department of Economics and Business Economics

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

Research output: Working paperResearch


  • Rp10 47

    Final published version, 285 KB, PDF document

  • School of Economics and Management
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.
Original languageEnglish
Place of publicationAarhus
PublisherInstitut for Økonomi, Aarhus Universitet
Number of pages36
Publication statusPublished - 2010

    Research areas

  • Labor productivity, total factor productivity, information and communications technology, panel data methods.

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