The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you consent to the use of cookies. 
Communication Networks, ICT and Productivity Growth in Europe

This paper looks at the channels through which communication networks affect productivity growth. We construct an EUKLEMS dataset (8 countries) modified to include wireless spectrum purchases and quality-adjusted prices for all components of ICT (i.e., including communication equipment and computer software). We examine the dataset's implications for detecting network effects via (a) metrics introduced in this paper, (b) sources-of-growth analysis using capital measures more up to the task than heretofore available, and (c) econometric estimation of ICT externalities. We zero in on whether communication capital (defined as the core infrastructure of the internet and wireless networks) played a special role in the post-2002 economic growth of Europe and find evidence suggesting that it did.

This working paper is complimentary.

Support Our Work

Support our nonpartisan, nonprofit research and insights which help leaders address societal challenges.

Donate

OTHER RELATED CONTENT

RESEARCH & INSIGHTS

WEBCASTS

Window On

Window On

September 23, 2020

Economy Watch

Economy Watch

October 14, 2020

Window On

Window On

October 28, 2020

CONFERENCES & EVENTS

COUNCILS

BLOGS

PRESS RELEASES & IN THE NEWS