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Impact of ICT diffusion and adoption on sectoral industrial performance: evidence from a panel of European countries

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  • Marianna Belloc
  • Paolo Guerrieri

Abstract

The rapid diffusion of information and communication technologies has been a fixture of the international landscape over the past decade and has stimulated ample debate. However, our understanding of the different aspects of the digital revolution is still far from complete. This paper focuses on European countries and investigates the effects on industrial performance of ICT diffusion and adoption by considering dimensions that the literature has long neglected, such as the affordability, availability, usage, and empowerment of ICTs by both firms and households. Our results, obtained by estimating augmented production functions at the sectoral level in a simultaneous equation framework, show that the impact of e-inclusion is remarkable, but varies substantially across sectors and type of measure considered. Copyright Springer International Publishing Switzerland 2015

Suggested Citation

  • Marianna Belloc & Paolo Guerrieri, 2015. "Impact of ICT diffusion and adoption on sectoral industrial performance: evidence from a panel of European countries," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 32(1), pages 67-84, April.
  • Handle: RePEc:spr:epolit:v:32:y:2015:i:1:p:67-84
    DOI: 10.1007/s40888-015-0001-3
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    More about this item

    Keywords

    Information and communication technologies; General purpose technology; e-Inclusion; Sectoral performance; O30; O47;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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