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The Diffusion of New Information Technologies and Productivity Growth

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  • Antonelli, Cristiano

Abstract

This paper investigates the effects of the rates of diffusion of the cluster of new information technologies on the growth of output and total factor productivity in the main OECD and industrializing countries in the late eighties. This diffusion approach contrasts the technology production function framework. It predicts that the rates of generation of new technologies are much less effective than the rates of diffusion and the investment efforts in determining the growth of labor productivity especially when capital-intensive technologies which command high levels of investments are considered. The results make it possible to elaborate and assess empirically the notion of key-technologies that provide better externalities to the rest of the system.

Suggested Citation

  • Antonelli, Cristiano, 1995. "The Diffusion of New Information Technologies and Productivity Growth," Journal of Evolutionary Economics, Springer, vol. 5(1), pages 1-17, February.
    • Handle: RePEc:spr:joevec:v:5:y:1995:i:1:p:1-17
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    Cited by:

    1. Neil Karunaratne, 1997. "High-Tech Innovation, Growth and Trade Dynamics in Australia," Open Economies Review, Springer, vol. 8(2), pages 151-170, April.
    2. Eleni Laitsou & Antonios Kargas & Dimitrios Varoutas, 2020. "How ICT affects economic growth in the Euro area during the economic crisis," Netnomics, Springer, vol. 21(1), pages 59-81, December.
    3. Michael Mesch, 1997. "Die Ursachen der Beschäftigungsentwicklung im Dienstleistungssektor," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 23(1), pages 11-54.
    4. Sengupta, Jati K., 2003. "Stochastic Growth In Schumpeterian Dynamics," University of California at Santa Barbara, Economics Working Paper Series qt6v13p7kx, Department of Economics, UC Santa Barbara.

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