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학술지 Relationship between Telecommunications Investment and Total Factor Productivity (TFP): The Case of 29 OECD Countries
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저자
석왕헌, 박추환
발행일
201510
출처
International Journal of Applied Engineering Research, v.10 no.19, pp.40513-40524
ISSN
0973-4562
출판사
Research India Publications
협약과제
15ZE2100, 글로벌 ICT 선도를 위한 R&D 기획역량 제고, 안춘모
초록
This study examines diverse production functions and total factor productivity (TFP) levels of 29 OECD countries by using regional data for the 2003-2013 period and related determinants. First, the relationship between TFP and capital and that between TFP and labor are negative (-). Second, communications equipment investment by type has a negative effect on TFP in which communications capital is considered by type, providing support for the productivity paradox. Third, imports have a negative (-) relationship with TFP, whereas the degree of openness has a positive (+) relationship. Finally, the Asian region has a positive effect on TFP, whereas the American region has the greatest negative effect.
키워드
Determinants, Random coefficient model, Telecommunications equipment investment, TFP
KSP 제안 키워드
Asian region, Coefficient model, Communications equipment, Negative effects, OECD countries, Production functions, Productivity paradox, Total factor productivity