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Impact Of The Investments In Information And Communication Technologies On Total Factor Productivity In The Context Of The Economies In Transition, Sergey Samoilenko
Impact Of The Investments In Information And Communication Technologies On Total Factor Productivity In The Context Of The Economies In Transition, Sergey Samoilenko
Theses and Dissertations
The goal of this research is to establish a link between investments in information and communication technology (ICT) and economic growth in the context of countries that are currently classified by the international community as transitional economies (TE). More specifically, in this study we focus on the relationship between ICT and one of the determinants of economic growth, total factor productivity (TFP). Neoclassical growth accounting and the theory of complementarity provide the theoretical framework on which we build this research. By combining the data obtained from two sources, the World Bank Database and the IT Yearbook, we were able to …