ICT AND R&D AS INPUTS OR EFFICIENCY DETERMINANTS? ANALYSING ITALIAN MANUFACTURING FIRMS 2007-2009

Graziella Bonanno

No 201412, Working Papers from Università della Calabria, Dipartimento di Economia, Statistica e Finanza "Giovanni Anania" - DESF

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. The empirical setting is based on a production function estimated through the Stochastic Frontier (SF) approach. ICT and R&D are used once as inputs, once as efficiency determinants (Coelli et al., 1999). The results show that the rates of return of 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)
JEL-codes: D22 D24 L69 O39 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2014-09
New Economics Papers: this item is included in nep-cse, nep-eff, nep-eur, nep-ict, nep-ino and nep-sbm
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Citations: View citations in EconPapers (4)

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http://www.ecostat.unical.it/RePEc/WorkingPapers/WP12_2014.pdf First version, 2014-09 (application/pdf)

Related works:
Journal Article: ICT and R&D as inputs or efficiency determinants? Analysing Italian manufacturing firms (2007–2009) (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:clb:wpaper:201412

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