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http://hdl.handle.net/10419/62874
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| Title: | | Information technology, organisational change and productiivity growth: Evidence from UK firms  |
| Authors: | | Crespi, Gustavo Criscuolo, Chiara Haskel, Jonathan |
| Issue Date: | | 2006 |
| Series/Report no.: | | Working Paper, Department of Economics, Queen Mary, University of London 558 |
| Abstract: | | We examine the relationships between productivity growth, IT investment and organisational change (∆O) using UK firm data. Consistent with the small number of other micro studies we find (a) IT appears to have high returns in a growth accounting sense when ∆O is omitted; when ∆O is included the IT returns are greatly reduced, (b) IT and ∆O interact in their effect on productivity growth, (c) non-IT investment and ∆O do not interact in their effect on productivity growth. Some new findings are (a) ∆O is affected by competition; (b) US-owned firms are much more likely to introduce ∆O relative to foreign owned firms who are more likely still relative to UK firms; (c) our predicted measured TFP growth slowdown for firms who are not doing ∆O and/or are in the early stages of IT investment compare well with the macro numbers documenting a UK measured TFP growth slowdown. |
| Subjects: | | Information technology, Productivity growth, Organisational change |
| JEL: | | D24 E22 L22 O31 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Working Paper Series, School of Economics and Finance, Queen Mary, University of London
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