Technological Change and ICTs in OECD Countries

Meltem Gulenay Ongan Baskaya () and Erkan Erdil ()
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Meltem Gulenay Ongan Baskaya: Department of Economics, Brown University
Authors registered in the RePEc Author Service: Meltem Gulenay Chadwick

No 301, STPS Working Papers from STPS - Science and Technology Policy Studies Center, Middle East Technical University

Abstract: The motivation of the study is to form a ground for further research on the issue of the effect of electronic commerce on economic variables that has been supported by empirical models. In this respect, a considerable part of the study is devoted to the discussion of the building significant relationship between technology, electronic commerce and the fundamentals of the real economy. As a result of both the conceptual part and the analytical part, two important conclusions were drawn. The first one is that technological change is increasingly gaining special emphasis especially with the rising arguments on the issue of "New Economy". The second important point is that technological change and electronic commerce are in relation with the most important variables of the real economy like gross domestic product, investment, trade balance and also R&D expenditures.

Keywords: Technological Change; ICTs; E-commerce; employment; macroeconomics; OECD (search for similar items in EconPapers)
JEL-codes: M54 O33 (search for similar items in EconPapers)
Pages: 47 pages
Date: 2003-01, Revised 2003-01
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