The Determinants of Investment in Information and Communication Technologies
Paolo Guerrieri,
Matteo Lucani and
Valentina Meliciani ()
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Paolo Guerrieri: Professor, Università di Roma ‘La Sapienza’; Visiting Professor, College of Europe (Bruges)
Matteo Lucani: Université Libre de Bruxelles
No 16, Bruges European Economic Research Papers from European Economic Studies Department, College of Europe
Abstract:
In this paper we investigate the determinants of ICT investment at the macro level for a panel of ten countries over the period 1992-2005. We argue that, since ICT is a General Purpose Technology, its diffusion can be understood only considering the interaction with institutional and structural factors. The empirical results are in line with this view: facilitating factors such as changes in regulation, human capital and the sectoral composition of the economy are relevant determinants for increasing ICT investment.
Keywords: information and communication technologies; general purpose technologies; structural change; human capital; regulation (search for similar items in EconPapers)
JEL-codes: C33 O33 O4 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2010-03
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Citations: View citations in EconPapers (3)
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Journal Article: The determinants of investment in information and communication technologies (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:coe:wpbeer:16
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