Contribution of Information and Communication Technologies to Growth

Thee worldwide development of information and communication technology (ICT) has accelerated dramatically over the past decade. Increased ICT production and use has the potential to influence economic growth positively. This paper focuses on the li...

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Main Authors:	Zhen-Wei Qiang, Christine, Pitt, Alexander, Ayers, Seth
Format:	Publication
Language:	English en_US
Published:	Washington, DC: World Bank 2013
Subjects:	INFORMATION COMMUNICATION ECONOMIC GROWTH TECHNOLOGY METHODOLOGY PRODUCTIVITY GROWTH LABOR PRODUCTIVITY COMPUTERS SOFTWARE INDUSTRY ECONOMIC DEVELOPMENT TECHNOLOGICAL INFORMATION WELFARE DISTRIBUTION SKILLED WORKERS ADMINISTRATIVE PROCEDURES ANNUAL GROWTH BALANCED ECONOMIC GROWTH CAPITAL INVESTMENT CAPITAL STOCK COMPARATIVE ADVANTAGE COMPETITIVENESS CONSUMER SURPLUS CONSUMERS COPYRIGHT DEFLATORS DEVELOPED COUNTRIES DEVELOPMENT ECONOMICS DEVELOPMENT STRATEGY DIGITAL DIVIDE ECONOMIC ANALYSIS ECONOMIC COOPERATION ECONOMIC OPPORTUNITIES ECONOMIC SECTORS EFFECTIVE USE EMPLOYMENT EXCESS PROFITS EXPENDITURES EXPORTS EXTERNALITIES FACTORS OF PRODUCTION FOREIGN DIRECT INVESTMENT GDP GDP PER CAPITA GICT GLOBAL ECONOMY GNP GROSS DOMESTIC PRODUCT GROSS EARNINGS GROSS NATIONAL PRODUCT GROWTH ACCOUNTING GROWTH POLICY GROWTH RATE GROWTH RATES HUMAN CAPITAL ICT INCOME INCREASING RETURNS INCREASING RETURNS TO SCALE INFORMATION & COMMUNICATION TECHNOLOGY INFORMATION & COMMUNICATION TECHNOLOGY SECTOR INFORMATION SYSTEMS INFORMATION TECHNOLOGY INTERNET HOSTS LABOR FORCE MARGINAL COST MARKET SHARE NETWORKS OPPORTUNITY COSTS PERFECT COMPETITION POLICY DECISIONS POLITICAL ECONOMY PRODUCERS PRODUCTIVE RESOURCES PRODUCTIVITY RADIO REGRESSION ANALYSIS RELATIVE PRICES RURAL COMMUNITIES SAVINGS TECHNICAL STANDARDS TECHNOLOGICAL ADVANCES TECHNOLOGICAL PROGRESS TECHNOLOGY ADOPTION TELECOMMUNICATIONS TELEPHONY TELEVISION TERMS OF TRADE TEXT TFP TOTAL FACTOR PRODUCTIVITY TRANSITION ECONOMIES WAGES WELFARE GAINS WORLD TRADE ORGANIZATION WTO
Online Access:	http://documents.worldbank.org/curated/en/2003/12/2875798/contribution-information-communication-technologies-growth http://hdl.handle.net/10986/15059

id	okr-10986-15059
recordtype	oai_dc
spelling	okr-10986-150592021-04-23T14:03:12Z Contribution of Information and Communication Technologies to Growth Zhen-Wei Qiang, Christine Pitt, Alexander Ayers, Seth INFORMATION COMMUNICATION ECONOMIC GROWTH TECHNOLOGY METHODOLOGY PRODUCTIVITY GROWTH LABOR PRODUCTIVITY COMPUTERS SOFTWARE INDUSTRY ECONOMIC DEVELOPMENT TECHNOLOGICAL INFORMATION WELFARE DISTRIBUTION SKILLED WORKERS ADMINISTRATIVE PROCEDURES ANNUAL GROWTH BALANCED ECONOMIC GROWTH CAPITAL INVESTMENT CAPITAL STOCK COMPARATIVE ADVANTAGE COMPETITIVENESS CONSUMER SURPLUS CONSUMERS COPYRIGHT DEFLATORS DEVELOPED COUNTRIES DEVELOPMENT ECONOMICS DEVELOPMENT STRATEGY DIGITAL DIVIDE ECONOMIC ANALYSIS ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC OPPORTUNITIES ECONOMIC SECTORS EFFECTIVE USE EMPLOYMENT EXCESS PROFITS EXPENDITURES EXPORTS EXTERNALITIES FACTORS OF PRODUCTION FOREIGN DIRECT INVESTMENT GDP GDP PER CAPITA GICT GLOBAL ECONOMY GNP GROSS DOMESTIC PRODUCT GROSS EARNINGS GROSS NATIONAL PRODUCT GROWTH ACCOUNTING GROWTH POLICY GROWTH RATE GROWTH RATES HUMAN CAPITAL ICT INCOME INCREASING RETURNS INCREASING RETURNS TO SCALE INFORMATION & COMMUNICATION TECHNOLOGY INFORMATION & COMMUNICATION TECHNOLOGY SECTOR INFORMATION SYSTEMS INFORMATION TECHNOLOGY INTERNET HOSTS LABOR FORCE LABOR PRODUCTIVITY MARGINAL COST MARKET SHARE NETWORKS OPPORTUNITY COSTS PERFECT COMPETITION POLICY DECISIONS POLITICAL ECONOMY PRODUCERS PRODUCTIVE RESOURCES PRODUCTIVITY PRODUCTIVITY GROWTH RADIO REGRESSION ANALYSIS RELATIVE PRICES RURAL COMMUNITIES SAVINGS SOFTWARE INDUSTRY TECHNICAL STANDARDS TECHNOLOGICAL ADVANCES TECHNOLOGICAL PROGRESS TECHNOLOGY ADOPTION TELECOMMUNICATIONS TELEPHONY TELEVISION TERMS OF TRADE TEXT TFP TOTAL FACTOR PRODUCTIVITY TRANSITION ECONOMIES WAGES WELFARE GAINS WORLD TRADE ORGANIZATION WTO Thee worldwide development of information and communication technology (ICT) has accelerated dramatically over the past decade. Increased ICT production and use has the potential to influence economic growth positively. This paper focuses on the linkage between ICT and output growth and summarizes the findings in the literature on the contribution of ICT to economic growth arising from capital deepening and increases in total factor productivity. It looks at the methodologies used to assess the magnitude of the different channels through which ICT influences productivity growth, summarizes the key factors that increase and obstruct ICT expansion, and outlines the challenges developing countries face in maximizing ICT's contribution to growth. Strengthening institutions to create an environment that attracts ICT investment and promotes ICT use; exploiting network and spillover effects by creating domestic demand; and promoting "adaptation close to use" to match local capacity and local needs have been identified as policies to surmount these challenges. 2013-08-14T16:47:47Z 2013-08-14T16:47:47Z 2004 http://documents.worldbank.org/curated/en/2003/12/2875798/contribution-information-communication-technologies-growth 0-8213-5722-0 http://hdl.handle.net/10986/15059 English en_US World Bank Working Paper;No. 24 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research :: Publication
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	INFORMATION COMMUNICATION ECONOMIC GROWTH TECHNOLOGY METHODOLOGY PRODUCTIVITY GROWTH LABOR PRODUCTIVITY COMPUTERS SOFTWARE INDUSTRY ECONOMIC DEVELOPMENT TECHNOLOGICAL INFORMATION WELFARE DISTRIBUTION SKILLED WORKERS ADMINISTRATIVE PROCEDURES ANNUAL GROWTH BALANCED ECONOMIC GROWTH CAPITAL INVESTMENT CAPITAL STOCK COMPARATIVE ADVANTAGE COMPETITIVENESS CONSUMER SURPLUS CONSUMERS COPYRIGHT DEFLATORS DEVELOPED COUNTRIES DEVELOPMENT ECONOMICS DEVELOPMENT STRATEGY DIGITAL DIVIDE ECONOMIC ANALYSIS ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC OPPORTUNITIES ECONOMIC SECTORS EFFECTIVE USE EMPLOYMENT EXCESS PROFITS EXPENDITURES EXPORTS EXTERNALITIES FACTORS OF PRODUCTION FOREIGN DIRECT INVESTMENT GDP GDP PER CAPITA GICT GLOBAL ECONOMY GNP GROSS DOMESTIC PRODUCT GROSS EARNINGS GROSS NATIONAL PRODUCT GROWTH ACCOUNTING GROWTH POLICY GROWTH RATE GROWTH RATES HUMAN CAPITAL ICT INCOME INCREASING RETURNS INCREASING RETURNS TO SCALE INFORMATION & COMMUNICATION TECHNOLOGY INFORMATION & COMMUNICATION TECHNOLOGY SECTOR INFORMATION SYSTEMS INFORMATION TECHNOLOGY INTERNET HOSTS LABOR FORCE LABOR PRODUCTIVITY MARGINAL COST MARKET SHARE NETWORKS OPPORTUNITY COSTS PERFECT COMPETITION POLICY DECISIONS POLITICAL ECONOMY PRODUCERS PRODUCTIVE RESOURCES PRODUCTIVITY PRODUCTIVITY GROWTH RADIO REGRESSION ANALYSIS RELATIVE PRICES RURAL COMMUNITIES SAVINGS SOFTWARE INDUSTRY TECHNICAL STANDARDS TECHNOLOGICAL ADVANCES TECHNOLOGICAL PROGRESS TECHNOLOGY ADOPTION TELECOMMUNICATIONS TELEPHONY TELEVISION TERMS OF TRADE TEXT TFP TOTAL FACTOR PRODUCTIVITY TRANSITION ECONOMIES WAGES WELFARE GAINS WORLD TRADE ORGANIZATION WTO
spellingShingle	INFORMATION COMMUNICATION ECONOMIC GROWTH TECHNOLOGY METHODOLOGY PRODUCTIVITY GROWTH LABOR PRODUCTIVITY COMPUTERS SOFTWARE INDUSTRY ECONOMIC DEVELOPMENT TECHNOLOGICAL INFORMATION WELFARE DISTRIBUTION SKILLED WORKERS ADMINISTRATIVE PROCEDURES ANNUAL GROWTH BALANCED ECONOMIC GROWTH CAPITAL INVESTMENT CAPITAL STOCK COMPARATIVE ADVANTAGE COMPETITIVENESS CONSUMER SURPLUS CONSUMERS COPYRIGHT DEFLATORS DEVELOPED COUNTRIES DEVELOPMENT ECONOMICS DEVELOPMENT STRATEGY DIGITAL DIVIDE ECONOMIC ANALYSIS ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC OPPORTUNITIES ECONOMIC SECTORS EFFECTIVE USE EMPLOYMENT EXCESS PROFITS EXPENDITURES EXPORTS EXTERNALITIES FACTORS OF PRODUCTION FOREIGN DIRECT INVESTMENT GDP GDP PER CAPITA GICT GLOBAL ECONOMY GNP GROSS DOMESTIC PRODUCT GROSS EARNINGS GROSS NATIONAL PRODUCT GROWTH ACCOUNTING GROWTH POLICY GROWTH RATE GROWTH RATES HUMAN CAPITAL ICT INCOME INCREASING RETURNS INCREASING RETURNS TO SCALE INFORMATION & COMMUNICATION TECHNOLOGY INFORMATION & COMMUNICATION TECHNOLOGY SECTOR INFORMATION SYSTEMS INFORMATION TECHNOLOGY INTERNET HOSTS LABOR FORCE LABOR PRODUCTIVITY MARGINAL COST MARKET SHARE NETWORKS OPPORTUNITY COSTS PERFECT COMPETITION POLICY DECISIONS POLITICAL ECONOMY PRODUCERS PRODUCTIVE RESOURCES PRODUCTIVITY PRODUCTIVITY GROWTH RADIO REGRESSION ANALYSIS RELATIVE PRICES RURAL COMMUNITIES SAVINGS SOFTWARE INDUSTRY TECHNICAL STANDARDS TECHNOLOGICAL ADVANCES TECHNOLOGICAL PROGRESS TECHNOLOGY ADOPTION TELECOMMUNICATIONS TELEPHONY TELEVISION TERMS OF TRADE TEXT TFP TOTAL FACTOR PRODUCTIVITY TRANSITION ECONOMIES WAGES WELFARE GAINS WORLD TRADE ORGANIZATION WTO Zhen-Wei Qiang, Christine Pitt, Alexander Ayers, Seth Contribution of Information and Communication Technologies to Growth
relation	World Bank Working Paper;No. 24
description	Thee worldwide development of information and communication technology (ICT) has accelerated dramatically over the past decade. Increased ICT production and use has the potential to influence economic growth positively. This paper focuses on the linkage between ICT and output growth and summarizes the findings in the literature on the contribution of ICT to economic growth arising from capital deepening and increases in total factor productivity. It looks at the methodologies used to assess the magnitude of the different channels through which ICT influences productivity growth, summarizes the key factors that increase and obstruct ICT expansion, and outlines the challenges developing countries face in maximizing ICT's contribution to growth. Strengthening institutions to create an environment that attracts ICT investment and promotes ICT use; exploiting network and spillover effects by creating domestic demand; and promoting "adaptation close to use" to match local capacity and local needs have been identified as policies to surmount these challenges.
format	Publications & Research :: Publication
author	Zhen-Wei Qiang, Christine Pitt, Alexander Ayers, Seth
author_facet	Zhen-Wei Qiang, Christine Pitt, Alexander Ayers, Seth
author_sort	Zhen-Wei Qiang, Christine
title	Contribution of Information and Communication Technologies to Growth
title_short	Contribution of Information and Communication Technologies to Growth
title_full	Contribution of Information and Communication Technologies to Growth
title_fullStr	Contribution of Information and Communication Technologies to Growth
title_full_unstemmed	Contribution of Information and Communication Technologies to Growth
title_sort	contribution of information and communication technologies to growth
publisher	Washington, DC: World Bank
publishDate	2013
url	http://documents.worldbank.org/curated/en/2003/12/2875798/contribution-information-communication-technologies-growth http://hdl.handle.net/10986/15059
_version_	1764425804716965888

Contribution of Information and Communication Technologies to Growth

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