New Technologies and the Growth of Capital Services

The outstanding progress in Information and Communication Technology (ICT) witnessed in the past decade seems to have had a remarkable role in fostering economic growth both in developed and developing countries (Vu, 2004). However measuring and assessing the impact of ICT on economic growth is still a challenging task for most economies. The developments of the new economy have raised many essential questions about the measurement of intangible assets and high-technology capital. Indeed the answer to these questions can lead to better assessment of the economy’s long run pace of economic growth and rate of technological advance.

Productivity Measurement and Analysis

New Technologies and the Growth of Capital Services

A Sensitivity Analysis for the Italian Economy over 1980–2003