Nonlinearities in Economic Growth: A Semiparametric Approach applied to Information Technology data

Elena Ketteni (), Theofanis P. Mamuneas () and Thanasis Stengos ()
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Elena Ketteni: University of Cyprus
Theofanis P. Mamuneas: University of Cyprus

No 701, Working Papers from University of Guelph, Department of Economics

Abstract: The purpose of this paper is to examine the Information and Communication Technology (ICT) capital-economic growth nexus, taking into consideration the previously documented nonlinear relationship between initial income and human capital on the one hand and economic growth on the other. We apply nonparametric techniques for a number of OECD countries for the period 1980-2004. Specification tests provide evidence in favor of the semiparametric specification in which initial income, human capital and ICT capital enter nonlinearly.

Date: 2007
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Journal Article: Nonlinearities in economic growth: A semiparametric approach applied to information technology data (2007)
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Persistent link: http://EconPapers.repec.org/RePEc:gue:guelph:2007-1

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