Economics at your fingertips  

The roles of electricity and ICT in economic growth: Case Finland

Jukka Jalava () and Matti Pohjola ()

Explorations in Economic History, 2008, vol. 45, issue 3, 270-287

Abstract: A quantitative look is taken at electricity and ICT as the engines of economic growth in Finland which was one of the leading countries in the electrification of mechanical drive in industry and which today is one of the leading information societies. It is shown that ICT's contribution to GDP growth in 1990-2004 was three times as large as electricity's contribution in 1920-1938. The improvement of multi-factor productivity in production accounted for 60% of ICT's contribution but only one third of electricity's. Electricity's growth contribution was smaller but ICT's larger than in the United States.

Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (28) Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Explorations in Economic History is currently edited by R.H. Steckel

More articles in Explorations in Economic History from Elsevier
Bibliographic data for series maintained by Haili He ().

Page updated 2020-10-25
Handle: RePEc:eee:exehis:v:45:y:2008:i:3:p:270-287