 ICT and R&D as inputs or efficiency determinants? Analysing Italian manufacturing firms (2007–2009)Eurasian Business Review, 2016, vol. 6, issue 3, No 8, 383-404 Abstract: Abstract Are Information and Communication Technology (ICT) and Research & Development (R&D) productive inputs or efficiency determinants? This is the topic of this paper, which analyses a sample of 2691 Italian manufacturing firms over the period 2007–2009. Data are from a merged EFIGE–AIDA dataset. The empirical setting is based on a production function estimated through the stochastic frontier approach. ICT and R&D are used once as inputs, once as efficiency determinants. The results show that the elasticities of production with respect to ICT and R&D investments are quite high (0.08 for ICT and 0.04 for R&D) when they enter into the model only as inputs. We also documented that ICT and R&D contribute positively to explain the efficiency scores. Keywords: ICT; R&D; Stochastic frontier approach; Efficiency (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:eurasi:v:6:y:2016:i:3:d:10.1007_s40821-015-0035-z Ordering information: This journal article can be ordered from DOI: 10.1007/s40821-015-0035-z Access Statistics for this article Eurasian Business Review is currently edited by Marco Vivarelli More articles in Eurasian Business Review from Springer, Eurasia Business and Economics Society Contact information at EDIRC. |
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