Nuova industria o nuova economia? L'impatto dell'informatica sulla produttivitˆ dei settori manifatturieri in Italia

Alfonso Gambardella () and Salvatore Torrisi ()
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Alfonso Gambardella: Scuola Superiore Sant' Anna, Pisa

Moneta e Credito, 2001, vol. 54, issue 213, 39-76

Abstract: This paper employs a sample of 3,525 manufacturing firms in Italy to estimate the impact of investments in Information & Communication Technology (ICT) on firms' productivity. The results, which are confirmed by separate estimations for individual industries or groups thereof, support the hypothesis that the ICTs are a general-purpose technology, or a new technological paradigm. This is because, like with electricity, they influence the productivity of firms in many industries, including traditional ones. Moreover, the firms with higher investments in ICTs show higher employment growth. Our results also indicate that there are differences among firms in the propensity to invest in the ICTs, irrespective of their industry.

Keywords: Firm; Investment; Manufacturing; Productivity (search for similar items in EconPapers)
JEL-codes: D24 G31 L60 L86 (search for similar items in EconPapers)
Date: 2001
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Citations: View citations in EconPapers (6)

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