Productivity growth and the role of ICT in the United Kingdom
an industry view, 1970-2000
by Nicholas Oulton
"We use a new industry-level dataset to quantify the role of ICT in explaining productivity growth in the UK, 1970-2000. The dataset is for 34 industries covering the whole economy (31 in the market sector). Using growth accounting, we find that ICT capital played an increasingly important, and in the 1990s the dominant, role inaccounting for labour productivity growth in the market sector. Econometric evidence also supports an important role for ICT. We also find econometric evidence that a boom in complementary investment in the 1990s could have led to a decline in the conventional measure of TFP growth."
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Productivity growth and the role of ICT in the United Kingdom: an industry view, 1970-2000
2005, Centre for Economic Performance, London School of Economics and Political Science
Electronic resource
in English
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Includes bibliographical references.
Title from PDF file (viewed on Apr. 8, 2005).
"March 2005."
Also available in print.
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Mode of access: World Wide Web.
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