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Relationship between Telecommunications Investment and Total Factor Productivity

Author

Listed:
  • Chuhwan Park

    (Yeungnam University in Korea)

Abstract

This study examines diverse production functions and total factor productivity (TFP) levels of 29 OECD countries by using regional data for the 2003-2013 period and related determinants. First, the relationship between TFP and capital and that between TFP and labor are negative (-). Second, communications equipment investment by type has a negative effect on TFP in which communications capital is considered by type, providing support for the productivity paradox. Third, imports have a negative (-) relationship with TFP, whereas the degree of openness has a positive (+) relationship. Finally, the Asian region has a positive effect on TFP, whereas the American region has the greatest negative effect.

Suggested Citation

  • Chuhwan Park, 2015. "Relationship between Telecommunications Investment and Total Factor Productivity," Proceedings of International Academic Conferences 3105342, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iacpro:3105342
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    File URL: https://iises.net/proceedings/20th-international-academic-conference-madrid/table-of-content/detail?cid=31&iid=074&rid=5342
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    References listed on IDEAS

    as
    1. Bettina S. T. Büchel, 2001. "Using Communication Technology," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-333-98567-0, December.
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    More about this item

    Keywords

    TFP; Telecommunications Equipment Investment; Determinants; Random Coefficient Model;
    All these keywords.

    JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • A10 - General Economics and Teaching - - General Economics - - - General
    • D29 - Microeconomics - - Production and Organizations - - - Other

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