Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/24642
Authors: 
Hempell, Thomas
Year of Publication: 
2002
Series/Report no.: 
ZEW Discussion Papers 02-43
Abstract: 
In this paper, it is argued that ICT investment is closely linked with complementary innovations and most productive in firms with innovative experience. In an analysis based on firm?level panel data covering the period 1994?99, system GMM estimates for an extended production function framework reveal significant productivity effects of ICT in the German service sector. Moreover, there is strong support for the hypothesis that the experience gained from past process innovations is a specific feature that makes ICT investment more productive. The results suggest that ICT may have been contributing to productivity differentials between firms.
Subjects: 
Productivity
Information and Communication Technologies
Innovation
Services
Panel Data
JEL: 
C23
D24
L80
O32
Document Type: 
Working Paper

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