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題名 The Impacts of Information Technology on Total Factor Productivity: A Look at Externalities and Innovations
作者 周彥君;莊皓鈞
Chou, Yen-Chun ; Chuang, Hao-Chun
貢獻者 資管系
關鍵詞 Impacts of information technology;Total factor productivity;Network externalities;Endogenous growth theory;Innovations;Production economics
日期 2014-12
上傳時間 14-Nov-2014 10:25:50 (UTC+8)
摘要 The impacts of information technology (IT) on total factor productivity (TFP) are assessed through an integrative framework of IT-induced externalities and IT-leveraged innovations. Based on network externalities and endogenous growth theory, our study aims to reconcile the seeming discrepancy between the recent observed evidence and the prediction by neoclassical growth theory. We argue that computerization has reshaped the competitive landscape into a network economy with IT-induced externalities that benefit not only IT purchasers but also other stakeholders. Moreover, IT is a platform technology that can leverage innovations to enhance the technological level of production process. Consequently, these two factors of IT-induced externalities and IT-leveraged innovations exert positive impacts on TFP, suggesting IT plays a more pivotal role than input consumption and accumulation that neoclassical growth theory assumes for IT. We use panel data from 30 Organization of Economic Cooperation and Development (OECD) countries over the period of 2000–2009 to empirically test hypotheses on this IT-TFP link. Implications are drawn from our findings for future research to measure IT׳s contributions at the macro level more accurately, and policymakers are urged to cultivate IT׳s positive impacts on TFP to help sustain long-term economic growth.
關聯 International Journal of Production Economics, 158, 290-299
資料類型 article
DOI http://dx.doi.org/10.1016/j.ijpe.2014.08.003
dc.contributor 資管系en_US
dc.creator (作者) 周彥君;莊皓鈞zh_TW
dc.creator (作者) Chou, Yen-Chun ; Chuang, Hao-Chunen_US
dc.date (日期) 2014-12en_US
dc.date.accessioned 14-Nov-2014 10:25:50 (UTC+8)-
dc.date.available 14-Nov-2014 10:25:50 (UTC+8)-
dc.date.issued (上傳時間) 14-Nov-2014 10:25:50 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/71441-
dc.description.abstract (摘要) The impacts of information technology (IT) on total factor productivity (TFP) are assessed through an integrative framework of IT-induced externalities and IT-leveraged innovations. Based on network externalities and endogenous growth theory, our study aims to reconcile the seeming discrepancy between the recent observed evidence and the prediction by neoclassical growth theory. We argue that computerization has reshaped the competitive landscape into a network economy with IT-induced externalities that benefit not only IT purchasers but also other stakeholders. Moreover, IT is a platform technology that can leverage innovations to enhance the technological level of production process. Consequently, these two factors of IT-induced externalities and IT-leveraged innovations exert positive impacts on TFP, suggesting IT plays a more pivotal role than input consumption and accumulation that neoclassical growth theory assumes for IT. We use panel data from 30 Organization of Economic Cooperation and Development (OECD) countries over the period of 2000–2009 to empirically test hypotheses on this IT-TFP link. Implications are drawn from our findings for future research to measure IT׳s contributions at the macro level more accurately, and policymakers are urged to cultivate IT׳s positive impacts on TFP to help sustain long-term economic growth.en_US
dc.format.extent 389756 bytes-
dc.format.mimetype application/pdf-
dc.language.iso en_US-
dc.relation (關聯) International Journal of Production Economics, 158, 290-299en_US
dc.subject (關鍵詞) Impacts of information technology;Total factor productivity;Network externalities;Endogenous growth theory;Innovations;Production economicsen_US
dc.title (題名) The Impacts of Information Technology on Total Factor Productivity: A Look at Externalities and Innovationsen_US
dc.type (資料類型) articleen
dc.identifier.doi (DOI) 10.1016/j.ijpe.2014.08.003en_US
dc.doi.uri (DOI) http://dx.doi.org/10.1016/j.ijpe.2014.08.003en_US