A Time Series Analysis of International ICT Spillover

Author:

Zhang Juan Juan1,Lee Sang-Yong Tom2

Affiliation:

1. National University of Singapore, Singapore

2. Hanyang University, Korea

Abstract

This article studies the role of international spillover of information and communication technology (ICT) in economic growth. We examine the performance of ten countries from 1982 to 1999. By empirically analyzing the relationship between total factor productivity (TFP) and domestic and foreign ICT investment with time series analysis tools, we find limited evidence that there exist international ICT spillovers for a group of countries. Further, we discuss the possible ICT policies to improve productivity and balance out a win-win situation for both ICT spillover sending and receiving countries.

Publisher

IGI Global

Reference51 articles.

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2. Bayoumi, T., Coe, D., & Helpman, E. (1996). R&D spillovers and global growth. Center for Economic Policy Research Discussion Paper, No. 1467, CEPR, London, UK.

3. Braconier, H., & Sjoholm, F. (1997). National and international spillovers from R&D: Comparing a neoclassical and an endogenous growth approach. Working Paper Series in Economic and Finance No. 211, December 1997.

4. Information Technology As A Factor Of Production: The Role Of Differences Among Firms

5. Productivity, Technology and Economic Growth: What is the Relationship?

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