productivity, ICT capital, heterogeneous dynamic panels

Publication date: 25 May 2003 | Publication type: NIESR Discussion Paper | Authors: O'Mahony, M, Vecchi, M | JEL classification: C33, C44, D24, O3. | NIESR discussion paper number: 219
Using a new set of industry data for the US and the UK and an appropriate econometric approach, this paper provides new evidence on the impact of Information and Communication Technology (ICT) on Total Factor Productivity (TFP). We compare the results from standard panel data techniques with an...