The role of ICT and Business Services in Italy

Enrico Saltari

No 152, Working Papers in Public Economics from Department of Economics and Law, Sapienza University of Roma

Abstract: This paper studies the role played by ICT in affecting the efficiency of business services (BS) industry, using a structural disequilibrium model of the Italian economy. The Italian BS sector presents a peculiar dynamics (compared to other EU countries) in that, after initially improving its efficiency by adopting ICT, from the early 90s it stagnated. Our estimatessuggest that this anomaly can be traced back to a structural deficiency in absorbing new technologies. Our contribution adds to the explanations of the slowdown of the Italian productivity.

Keywords: business services; technologial adoption; disequilibrium model. (search for similar items in EconPapers)
JEL-codes: C51 L84 L86 O33 (search for similar items in EconPapers)
Pages: 24
Date: 2012-02
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