Estimating components of ICT expenditure: a model-based approach with applicability to short time-series

Cooper, Russel and Madden, Gary G (2008): Estimating components of ICT expenditure: a model-based approach with applicability to short time-series. Published in: Applied Economics , Vol. 10, No. 1 (2008)

Abstract

This paper develops a microeconomic model-based approach to forecast national information and communications technology expenditure that is helpful when only very short time-series are available. The model specification incorporates parameters for network effects and national e-readiness. Finally, the model allows for observed non-homotheticity and ‘noise’ found in sample data, with the latter attributed to country-specific influences.

• Item Type: MPRA Paper
• Language: English
• Keywords: ICT forecasts; short time-series; microeconomic modeling
• Subjects: C - Mathematical and Quantitative Methods > C5 - Econometric Modeling > C51 - Model Construction and Estimation; L - Industrial Organization > L9 - Industry Studies: Transportation and Utilities > L96 - Telecommunications; C - Mathematical and Quantitative Methods > C5 - Econometric Modeling > C53 - Forecasting and Prediction Methods ; Simulation Methods

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