nep-ict New Economics Papers
on Information and Communication Technologies
Issue of 2014‒07‒13
three papers chosen by
Walter Frisch
University Vienna

  1. Is the Internet an Effective Mechanism for Reducing Corruption Experience? Evidence from a Cross-Section of Countries By Jamie Bologna
  2. Knowledge Spillovers, ICT and Productivity Growth By Corrado, Carol; Haskel, Jonathan; Jona-Lasinio, Cecilia
  3. How ICT Investment Influences Energy Demand in South Korea and Japan? By Khayyat, Nabaz T.; Lee, Jongsu; Lee, Jeong-Dong

  1. By: Jamie Bologna (West Virginia University, College of Business and Economics)
    Abstract: This paper develops an indicator of Internet awareness of corruption as described in Goel et al. (2012) to see how this impacts both corruption perceptions and corruption experience. The results confirm the finding of Goel et al. (2012) that corruption perceptions are highly influenced by Internet awareness. However, the effect Internet awareness has on corruption experience is unclear. This paper finds that Internet awareness decreases the frequency of corruption experience of households, while it increases the frequency of corruption experience in firms. Overall, the results suggest that the effect Internet awareness has on corruption is highly sensitive to the corruption measures used and the time the Internet data is constructed.
    Keywords: Corruption perceptions, corruption experience, Internet, press
    JEL: D73 K40
    Date: 2014
  2. By: Corrado, Carol (The Conference Board); Haskel, Jonathan (Imperial College London); Jona-Lasinio, Cecilia (ISTAT, Rome)
    Abstract: This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU member states from 1998 to 2007. We find that (a) the marginal impact of ICT capital is higher when it is complemented with intangible capital, and (b) non-R&D intangible capital has a higher estimated output elasticity than its conventionally-calculated factor share. These findings suggest investments in knowledge-based capital, i.e., intangible capital, produce productivity growth spillovers via mechanisms beyond those previously established for R&D.
    Keywords: productivity growth, economic growth, intangible capital, intangible assets, ICT, spillovers
    JEL: O47 E22 E01
    Date: 2014–06
  3. By: Khayyat, Nabaz T.; Lee, Jongsu; Lee, Jeong-Dong
    Abstract: This empirical study examines productivity changes in Japan and South Korea during 1973–2006 and 1980–2009, respectively, in order to assess how investment in information and communications technology (ICT) affects energy demand. A dynamic factor demand model is applied to link inter-temporal production decisions by explicitly recognizing that the level of certain factors of production (refer to as quasi-fixed factors) cannot be changed without incurring so-called adjustment costs, defined in terms of forgone output from current production. This study quantifies how ICT capital investment in Korea and Japan affects economic growth in general and industrial energy demand in particular. We find that ICT and non-ICT capital investment serve as substitutes for the inputs of labor and energy use. The results also demonstrate a decreasing trend for labor productivity as well as significant cost differences across industries in both countries.
    Keywords: Dynamic factor demand; Panel data; ICT investment; Energy demand
    JEL: C32 C33 O4 O41
    Date: 2014–04–09

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