Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/207726 
Erscheinungsjahr: 
2018
Schriftenreihe/Nr.: 
NBB Working Paper No. 346
Verlag: 
National Bank of Belgium, Brussels
Zusammenfassung: 
Using a novel comprehensive data set of IT investment at the firm level, we find that a firm investing an additional euro in IT increases value added by 1 euro and 38 cents on average. This marginal product of IT investment increases with firm size and varies across sectors. IT explains about 10% of productivity dispersion across firms. While we find substantial returns of IT at the firm level, such returns are much lower at the aggregate level. This is due to underinvestment in IT (IT capital deepening is low) and misallocation of IT investments.
JEL: 
D24
L10
O14
O49
Dokumentart: 
Working Paper

Datei(en):
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