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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
- 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.
- KSP 제안 키워드
- Asian region, Communications equipment, Negative effects, OECD countries, Production functions, Productivity paradox, Total factor productivity