The Effects of Information and Communication Technologies on Total Factor Productivity

Poster Number

027

College

College of Business Administration

Department

Accounting, Finance & Economics

Abstract

The production function is impacted by three elements: capital, labor, and Total Factor Productivity (TFP). TFP defines this portion of production that is not explained by either capital or labor. I have identified the variable TFP as my dependent variable, using cross-country panel data. To determine if the presence of Information and Communication Technologies (ICT), specifically Internet, is impactful on TFP and economic growth across countries, I have regressed Internet and other control variables against TFP. Defining the impacts of ICT factors will help identify sources of improvement to increase economic growth in lesser developed countries.

Honors Thesis Committee

Danko Tarabar, Ph.D.; Louis Pantuosco, Ph.D.; and Nicholas Moellman, Ph.D.

Start Date

12-4-2019 2:15 PM

End Date

April 2019

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Apr 12th, 2:15 PM Apr 12th, 4:15 PM

The Effects of Information and Communication Technologies on Total Factor Productivity

Richardson Ballroom – DiGiorgio Campus Center

The production function is impacted by three elements: capital, labor, and Total Factor Productivity (TFP). TFP defines this portion of production that is not explained by either capital or labor. I have identified the variable TFP as my dependent variable, using cross-country panel data. To determine if the presence of Information and Communication Technologies (ICT), specifically Internet, is impactful on TFP and economic growth across countries, I have regressed Internet and other control variables against TFP. Defining the impacts of ICT factors will help identify sources of improvement to increase economic growth in lesser developed countries.