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Testing the impact of ICT in developed countries during 1980-1995: distributional analysis in Solow’s growth accounting framework

Zelenyuk, Valentin (2005): Testing the impact of ICT in developed countries during 1980-1995: distributional analysis in Solow’s growth accounting framework.

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Abstract

In this paper we study the impact of ICT capital in developed countries during 1980-1995. We use Solow’s growth accounting methodology synthesized with statistical testing about equality of distributions and multimodality of distributions. We test for significance of a contribution from each source of Solow’s decomposition, including contribution of ICT capital, as well as test whether any of the contributions are responsible for a multi-club convergence phenomenon and find interesting results.

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