Browse

The Measurement of IT Contribution by Decomposed Dynamic Input-Output Tables in Korea (1980-2002)

Cited 0 time in Web of Science Cited 0 time in Scopus
Issue Date
2004-10
Publisher
Institute of Economic Research, Seoul National University
Citation
Seoul Journal of Economics, Vol.17 No.4, pp. 511-546
Keywords
IT capitalTotal factor productivityIT-using effect
Abstract
This paper analyzes the effects of the development in IT on productivity. We define the IT industries through decomposed IO-Tables and estimate the IT capital stock from 1980 to 2002. which is used in measuring the IT-using effect. We have removed the effect of the quality growth in IT capital using the Harmonized Price Method. The IT capital has been accumulated rapidly since 1995 and the difference in the accumulation rates among industries has been quite large. Decomposing the growth of labor productivity into capital accumulation and TFP growth, we have not found any significant increase in productivity of the entire economy. Its effect seems to have been restricted to several IT-using sectors only. Also, the labor movement which is related to the intensity of the IT capital has not been observed calling for the need for a more flexible labor market.
ISSN
1225-0279
Language
English
URI
https://hdl.handle.net/10371/1323
Files in This Item:
Appears in Collections:
College of Social Sciences (사회과학대학)Institute of Economics Research (경제연구소)Seoul Journal of Economics (SJE)Seoul Journal of Economics vol.17(4) (Winter 2004)
  • mendeley

Items in S-Space are protected by copyright, with all rights reserved, unless otherwise indicated.

Browse