Skip to Main content Skip to Navigation
Journal articles

Investment in ICTs: an empirical analysis

Abstract : This paper addresses the question of whether differences in the price elasticity of demand for Information and Communication Technologies (ICTs) could explain why Europe lags behind the USA in terms of ICT diffusion. Annual macroeconomic data covering the period 1975–2001 is used and five countries considered: France, Germany, the Netherlands, the UK and the USA. Europe's lag in ICT diffusion does not appear to be linked to crosscountry differences in the price elasticity of demand for ICT products. The results suggest that at least part of the gap in ICT diffusion should be ascribed to more structural crosscountry differences. The estimated value of the price-elasticity of computer hardware and software is generally lower than À1 which, given the decline in the relative price of these products, explains the increase in their share of investment expenditure and GDP. This situation is characteristic of a diffusion stage and is necessarily temporary.
Complete list of metadatas

https://hal.archives-ouvertes.fr/hal-01247384
Contributor : Jimmy Lopez <>
Submitted on : Tuesday, December 22, 2015 - 9:39:02 PM
Last modification on : Thursday, January 23, 2020 - 6:22:11 PM
Document(s) archivé(s) le : Wednesday, March 23, 2016 - 2:04:06 PM

File

DTIC 2004.pdf
Files produced by the author(s)

Identifiers

Collections

Citation

Gilbert Cette, Jimmy Lopez, Pierre-Alexandre Noual. Investment in ICTs: an empirical analysis. Applied Economics Letters, Taylor & Francis (Routledge): SSH Titles, 2005, 12, ⟨10.1080/13504850500042280⟩. ⟨hal-01247384⟩

Share

Metrics

Record views

221

Files downloads

358