This research addresses the important theoretical and empirical issue surrounding business value of information technology (IT). Several IT productivity studies have failed to find a significant relationship between contemporaneous IT spending and firm productivity. One reason is the delay or lag between spending on IT, and its resulting impact on production processes in the firm. This paper de...

This paper employs the manufacturing sampling survey data from the industry, commerce, and service census of Taiwan in 1991 to explore the issue of whether IT investment brings about the productivity paradox. In order to take the improvement of product quality caused by IT investment into account, a proper computer price index is used to deflate the IT variable. This paper applies the Translog ...

In this paper, we measure productivity growth of the information technology (IT) industries in fourteen OECD countries over the thirteen-year period of 1978 through 1990. The IT industries are the providers of IT capital goods, and this macro-level analysis seeks to find out how efficiently IT capital goods are produced. The basic unit of analysis employed is the Malmquist Total Factor Producti...

This paper uses a well-established growth accounting framework to measure the contribution of ICT goods (considered as capital inputs) to output and labour productivity growth in the Spanish economy. We apply this framework to a sample of around 1300 Spanish firms per year over the 1991-1999 period. The use of micro-level data is especially useful for the purpose at hand. Firstly, our database ...

While many theories about the relationship between information technology (IT) and organizational design have been proposed, there is little empirical evidence on the issue. We examine the influence of organizational design on the demand for IT and the productivity of IT investments, using data from approximately 380 US firms. We find greater demand for IT in firms with greater decentralization...

Knowledge accumulation in the richer countries provides them with comparative advantages in higher productivity products. The countries that import the higher productivity intermediate products and capital equipments produced in the richer countries, however, derive benefits from knowledge spillovers. The empirical analysis in this paper shows that what type of intermediate goods and capital eq...

We explore conditions under which investments in Information Technology (IT) have a statistically significant impact on productivity. Rather than using a traditional analytical technique such as regression, we use two data mining techniques (i.e. regression trees and regression splines) for doing data analysis and integrated their results. Our analysis indicates the following: 1) IT investments...

We examine the participation of public and private …rms in merger waves and their outcomes. We document that public …rms participate more in mergers than private …rms and are more cyclical in their acquisition decisions. Public …rms are also impacted more by macro factors including credit spreads and industry returns. Acquired plants gain more in productivity on average and the improvement is g...

The aim of this paper is to investigate the productivity impact of business visits, relative to traditional drivers of productivity enhancement, namely capital formation and R&D. To carry out the analysis, we combine unique and novel data on business visits sourced from the U.S. National Business Travel Association with OECD data on R&D and capital formation. The resulting unbalanced panel cove...

Among the prominent recognized features of the industrialization of animal production over the past half century are growth in the stock of inflexible or usededicated capital as an input in production and growth in productivity. Less recognized is a trend toward aseasonal production. We record the deseasonalization of animal production in the United States and Europe over the past 70 years. We ...