Relationship between Telecommunications Investment and Total Factor Productivity

Chuhwan Park ()
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Chuhwan Park: Yeungnam University in Korea

No 3105342, Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences

Abstract: This study examines diverse production functions and total factor productivity (TFP) levels of 29 OECD countries by using regional data for the 2003-2013 period and related determinants. First, the relationship between TFP and capital and that between TFP and labor are negative (-). Second, communications equipment investment by type has a negative effect on TFP in which communications capital is considered by type, providing support for the productivity paradox. Third, imports have a negative (-) relationship with TFP, whereas the degree of openness has a positive (+) relationship. Finally, the Asian region has a positive effect on TFP, whereas the American region has the greatest negative effect.

Keywords: TFP; Telecommunications Equipment Investment; Determinants; Random Coefficient Model (search for similar items in EconPapers)
JEL-codes: A10 D22 D29 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2015-11
New Economics Papers: this item is included in nep-eff and nep-sea
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Published in Proceedings of the Proceedings of the 20th International Academic Conference, Madrid, Nov 2015, pages 349-375

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Persistent link: https://EconPapers.repec.org/RePEc:sek:iacpro:3105342

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