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Information Technology Investment and Productivity Growth in Korea

김종일
한국경제학회 (The Korean Economic Association)|2004.06|The Korean Economic Review|제20권 제1호|pp. 95-114

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참고문헌

주제분류경제학

초록

Abstract

This study analyzes the effect of IT investment on productivity growth based on Korean firm level data in 1996-2000. Empirical findings support the hypothesis that IT investment enhanced productivity by increasing value-added and saving ordinary capital and labor. Installed IT capital is estimated to be valued in the financial market much higher than the acquisition price. It implies that IT investment accompanies creation of unmeasurable intangible assets. Taking this into account, the contribution of IT investment to economic growth could be greater than suggested by conventional growth accounting. Strong structural reform after recent economic crisis might have helped IT investment to have a substantial impact on firm performance.

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관련 논문AI추천

Development of Information Technology Industry and Sources of Economic Growth and Productivity in Korea김선재경제연구소 · Journal of Economic Research (JER)2002 · 제7권 제2호정보화와 한국 경제성장 및 생산성 변화강두용한국국제경제학회 · 국제경제연구2002 · 제8권 제2호韓國 IT産業의 成長要因 및 生産性 分析姜錫勳, 洪東杓한국경제학회 · 경제학연구2003 · 제51권 제4호국제자료를 이용한 IT투자와 경제성장의 관계분석유승훈한국경제통상학회 · 경제연구2002 · 제11권 제2호Does Information & Communication Technology(ICT) Investment Contribute to Cost Reduction?: An Empirical Analysis of Korean Industries이기동한국경제학회 · The Korean Economic Review2004 · 제20권 제2호Information Technology and Economic Growth: A Comparison between Japan and KoreaKazuyuki Motohashi, Takahito Kanamori경제연구소 · Seoul Journal of Economics2008 · 제21권 제4호

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