Human Capital and Growth of ICT-Intensive Industries: Empirical Evidence from Open Economies
Résumé
This paper examines the effect of human capital on the growth of ICT-intensive industries using data from a sample of open economies over the period 1980-1999. The results of our econometric analysis suggest that value added and employment in ICT-intensive industries grew relatively faster in countries with a higher ex-ante human capital stock and in countries with a fast improvement in human capital. Further, in countries with fast human capital accumulation, labour productivity in ICT-intensive industries grew faster. Our results are robust to controls for other determinants of industry growth and country characteristics affecting industry specialisation as well as to using alternative human capital measures.
Domaines
Science politique
Origine : Fichiers produits par l'(les) auteur(s)
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