首页> 外文会议>Americas conference on information systems;AMCIS 2011 >Linking Investments in Telecoms and Economic Growth: An Empirical Analysis of Total Factor Productivity and its Determinants in the Context of Transition Economies
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Linking Investments in Telecoms and Economic Growth: An Empirical Analysis of Total Factor Productivity and its Determinants in the Context of Transition Economies

机译:将电信投资与经济增长联系起来:转型经济背景下全要素生产率及其决定因素的实证分析

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The limited resources of Transition Economies (TE) accentuate the need for formulation of the effective and efficient policies for investments in Information and Communication Technologies (ICT). However, the empirical evidence required for sound decision making is scarce, thus prompting a call for additional studies in the area of the macroeconomic impact of investments in ICT. Using time series data for the period from 1993 to 2002, we investigate the impact of investments in Telecoms on Total Factor Productivity (TFP) in the context of 18 TEs of Central Europe. The results of the data analysis suggest that while all TEs exhibited overall growth in productivity, the annual growth of the majority was inconsistent and not determined by the increase in the levels of investments and full-time Telecom labor. The results also indicate that introduced for the purposes of the investigation composite proxy variable Change in Productivity may reliably serve as a predictor of TFP for eight out of eighteen TEs, thus indicating actionable paths for TEs to obtain a spillover effect from investments in ICT.
机译:转型期经济国家(TE)的资源有限,这就要求制定有效和高效的政策来投资信息和通信技术(ICT)。但是,缺乏可靠的决策所需的经验证据,因此促使人们呼吁对信息通信技术投资的宏观经济影响领域进行进一步的研究。使用1993年至2002年的时间序列数据,我们在中欧18个TE的背景下调查了电信投资对全要素生产率(TFP)的影响。数据分析的结果表明,尽管所有TE都表现出整体生产率的增长,但大多数TE的年增长率并不一致,并且不受投资水平和电信专职人员数量增加的影响。结果还表明,出于调查目的而引入的综合代理变量生产力变化可以可靠地用作18个TE中的8个TE的TFP的预测指标,从而为TE从ICT投资中获得溢出效应提供了可行的途径。

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