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

Shahiduzzaman, Md and Layton, Allan and Alam, Khorshed (2015) On the contribution of information and communication technology to productivity growth in Australia. Economic Change and Restructuring, 48 (3-4). pp. 281-304. ISSN 1573-9414


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 longrun impact of ICT capital deepening on labour productivity in Australia.

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Item Type: Article (Commonwealth Reporting Category C)
Refereed: Yes
Item Status: Live Archive
Additional Information: Permanent restricted access to published version in accordance with the copyright policy of the publisher.
Faculty / Department / School: Historic - Australian Digital Futures Institute
Date Deposited: 12 May 2016 23:39
Last Modified: 06 Mar 2018 06:26
Uncontrolled Keywords: information and communication technology; capital deepening; productivity
Fields of Research : 14 Economics > 1402 Applied Economics > 140299 Applied Economics not elsewhere classified
Socio-Economic Objective: B Economic Development > 89 Information and Communication Services > 8999 Other Information and Communication Services > 899999 Information and Communication Services not elsewhere classified
Identification Number or DOI: 10.1007/s10644-015-9171-9
URI: http://eprints.usq.edu.au/id/eprint/29017

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