Investment in ICTs: an empirical analysis - Archive ouverte HAL Accéder directement au contenu
Article Dans Une Revue Applied Economics Letters Année : 2005

Investment in ICTs: an empirical analysis

Résumé

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.
Fichier principal
Vignette du fichier
DTIC 2004.pdf (430.55 Ko) Télécharger le fichier
Origine : Fichiers produits par l'(les) auteur(s)

Dates et versions

hal-01247384 , version 1 (22-12-2015)

Identifiants

Citer

Gilbert Cette, Jimmy Lopez, Pierre-Alexandre Noual. Investment in ICTs: an empirical analysis. Applied Economics Letters, 2005, 12, ⟨10.1080/13504850500042280⟩. ⟨hal-01247384⟩
93 Consultations
151 Téléchargements

Altmetric

Partager

Gmail Facebook X LinkedIn More