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Nuova industria o nuova economia? L'impatto dell'informatica sulla produttivitˆ dei settori manifatturieri in Italia

Author

Listed:
  • Alfonso Gambardella

    (Scuola Superiore Sant' Anna, Pisa)

  • Salvatore Torrisi

    (Università degli Studi di Camerino, Camerin (Macerata))

Abstract

This paper employs a sample of 3,525 manufacturing firms in Italy to estimate the impact of investments in Information & Communication Technology (ICT) on firms' productivity. The results, which are confirmed by separate estimations for individual industries or groups thereof, support the hypothesis that the ICTs are a general-purpose technology, or a new technological paradigm. This is because, like with electricity, they influence the productivity of firms in many industries, including traditional ones. Moreover, the firms with higher investments in ICTs show higher employment growth. Our results also indicate that there are differences among firms in the propensity to invest in the ICTs, irrespective of their industry.

Suggested Citation

  • Alfonso Gambardella & Salvatore Torrisi, 2001. "Nuova industria o nuova economia? L'impatto dell'informatica sulla produttivitˆ dei settori manifatturieri in Italia," Moneta e Credito, Economia civile, vol. 54(213), pages 39-76.
    • Handle: RePEc:psl:moneta:2001:13
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    Citations

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    Cited by:

    1. Nicola De Liso, 2001. "Tecnologie dellÕinformazione e della comunicazione, terziarizzazione e nuova divisione del lavoro digitale," Moneta e Credito, Economia civile, vol. 54(216), pages 425-459.
    2. Gianfranco E. Atzeni & OA Carboni, 2004. "ICT productivity and firm propensity to innovative investment: learning effect evidence from italian micro data," Working Paper CRENoS 200414, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    3. Anna Giunta & Francesco Trivieri, 2007. "Understanding the determinants of information technology adoption: evidence from Italian manufacturing firms," Applied Economics, Taylor & Francis Journals, vol. 39(10), pages 1325-1334.
    4. Paola Giuri & Salvatore Torrisi & Natalia Zinovyeva, 2005. "ICT, Skills and Organisational Change: Evidence from a Panel of Italian Manufacturing Firms," LEM Papers Series 2005/11, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    5. Atzeni, Gianfranco E. & Carboni, Oliviero A., 2006. "ICT productivity and firm propensity to innovative investment: Evidence from Italian microdata," Information Economics and Policy, Elsevier, vol. 18(2), pages 139-156, June.

    More about this item

    Keywords

    Firm; Investment; Manufacturing; Productivity;
    All these keywords.

    JEL classification:

    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software
    • G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies

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