Contribution of Information and Communication Technologies to Growth

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Tác giả: Christine Zhen-Wei Qiang

Ngôn ngữ: eng

Ký hiệu phân loại: 303.48 Causes of change

Thông tin xuất bản: Washington, DC: World Bank, 2013

Mô tả vật lý:

Bộ sưu tập: Tài liệu truy cập mở

ID: 316897

 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.
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