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Information Technology and Productivity Growth in Asia

Information Technology and Productivity Growth in Asia PDF Author: Mr.Yougesh Khatri
Publisher: International Monetary Fund
ISBN: 1451843283
Category : Business & Economics
Languages : en
Pages : 18

Book Description
The contribution of the information and communication technology (ICT) sector to growth in Asian economies is clearly evident from the expenditure side (net exports) and became particularly significant in the second half of the 1990s. This paper employs an extension of the standard growth accounting framework, using estimates of stock of ICT capital (hardware, software, and telecommunications equipment), to estimate the direct contributions to growth. The contribution of ICT to growth in Asia during the 1990s is found to be mainly from capital deepening. Total factor productivity (TFP) is also decomposed (using the dual-or revenue-based-approach) into the contributions of non-ICT capital stock, ICT capital stock, and labor. TFP growth is found to be relatively small in most Asian countries.

Information Technology and Productivity Growth in Asia

Information Technology and Productivity Growth in Asia PDF Author: Mr.Yougesh Khatri
Publisher: International Monetary Fund
ISBN: 1451843283
Category : Business & Economics
Languages : en
Pages : 18

Book Description
The contribution of the information and communication technology (ICT) sector to growth in Asian economies is clearly evident from the expenditure side (net exports) and became particularly significant in the second half of the 1990s. This paper employs an extension of the standard growth accounting framework, using estimates of stock of ICT capital (hardware, software, and telecommunications equipment), to estimate the direct contributions to growth. The contribution of ICT to growth in Asia during the 1990s is found to be mainly from capital deepening. Total factor productivity (TFP) is also decomposed (using the dual-or revenue-based-approach) into the contributions of non-ICT capital stock, ICT capital stock, and labor. TFP growth is found to be relatively small in most Asian countries.

Growth and Productivity in East Asia

Growth and Productivity in East Asia PDF Author: Takatoshi Ito
Publisher: University of Chicago Press
ISBN: 0226387070
Category : Business & Economics
Languages : en
Pages : 360

Book Description
Considering the examples of Australia and the Pacific Rim, Growth and Productivity in East Asia offers a contemporary explanation for national productivity that measures contributions not only from capital and labor, but also from economic activities and relevant changes in policy, education, and technology. Takatoshi Ito and Andrew K. Rose have organized a group of collaborators from several Asian countries, the United States, and other parts of the globe who ably balance both macroeconomic and microeconomic study with theoretical and empirical approaches. Growth and Productivity in East Asia gives special attention to the causes for the unusual success of Australia, one of the few nations to maintain unprecedented economic growth despite the 1997 Asian financial crisis and the 2001 global downturn. A new database comprising eighty-four Japanese sectors reveals new findings for the last thirty years of sectoral productivity and growth in Japan. Studies focusing on Indonesia, Taiwan, and Korea also consider productivity and its relationship to research and development, foreign ownership, and policy reform in such industries as manufacturing, automobile production, and information technology.

Information Technology in Asia

Information Technology in Asia PDF Author: Chia Siow Yue
Publisher: Institute of Southeast Asian Studies
ISBN: 9789812301468
Category : Technology & Engineering
Languages : en
Pages : 352

Book Description
The information and communications technology (ICT) revolution that swept the world through the 1990s has impacted the economic, political, and social structures of countries throughout Asia. These have presented themselves both as digital opportunities as well as challenges. This volume presents a collection of papers by scholars on the new development paradigms afforded by this new technology, from the experience of the software capital of Bangalore to the policy dilemmas faced by transition economies such as Vietnam.

Role of IT- ITES in Economic Development of Asia

Role of IT- ITES in Economic Development of Asia PDF Author: Soumyen Sikdar
Publisher: Springer Nature
ISBN: 9811542066
Category : Business & Economics
Languages : en
Pages : 329

Book Description
This book focuses on the contribution of Information Technology (IT) and Information Technology Enabled Services (ITES) in shaping the current and future global economic scenario, with a special focus on Asia, and taking into account the three broad macroeconomic dimensions — growth, sustainability and governance mechanisms. The last two decades have witnessed a structural shift in the world economy due to the tremendous growth in gross domestic product share for the service sector; in fact, service has emerged as the dominant sector and the main driver of GDP growth. This is mainly attributable to the spectacular success of the IT sector in the new knowledge economy. Tradability, technology and transportability – the three T’s – govern productivity growth in today’s services. Growing Asian economies such as India, China and Vietnam, using their demographic advantages, have been reaping the benefits of this boom. The book’s content focuses on recent debates and discussions concerning the issue of long-term sustainability and governance, especially in India, as these companies are facing continuous challenges in terms of international competition, salary inflation, health hazards, scarcity of talent, employee attrition, security concerns, global slowdown and many other technology-related issues. The book further highlights how the increased application of IT-based products and services is resulting in harsh inequalities concerning income distribution in many developing countries of Asia, mainly because of its labor shedding nature, and hence might be detrimental to sustainable development, if suitable policy measures are not implemented to counter these effects. The book provides a wealth of information for researchers, graduate students and political scientists alike, as well as thought-provoking insights for social scientists, policymakers and government officials. It also offers a valuable source of data for business and management professionals, and for members of Chambers of Commerce and Industry.

Technology, Economic Growth and Crises in East Asia

Technology, Economic Growth and Crises in East Asia PDF Author: G. Chris Rodrigo
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 216

Book Description
This important book develops an evolutionary conception of growth in East Asia, in which technology, organizations and institutions interact and co-evolve to advance productivity. Episodic crises are seen as disruptions which bring to the fore structural and institutional flaws that need reform. The author begins with a thorough analysis of the neo-classical theory of technical change and shows that it fails to capture crucial aspects of the various learning processes involved. He goes on to develop a comprehensive framework for understanding technological progress. Productivity growth is seen as deriving from knowledge hard-coded in equipment and structures, and soft-coded in human skill, organizations and institutions that guide economic activity. The role of exports in promoting faster growth is also examined, as are the channels of technological capability acquisition. This book will be welcomed by academics, policymakers, students, government bodies and business people interested in East Asian growth and in understanding technological change in general.

Contribution of Information and Communication Technologies to Growth

Contribution of Information and Communication Technologies to Growth PDF Author: Christine Zhen-Wei Qiang
Publisher: World Bank Publications
ISBN: 9780821357224
Category : Economic development
Languages : en
Pages : 42

Book Description
Annotation 'Contribution of Information and Communication Technologies to Growth' is part of the World Bank Working Paper series. These papers are published to communicate the results of the Bank's ongoing research and to stimulate public discussion. The worldwide development of information and communication technology (ICT) has accelerated dramatically over the past decade. Technological advances and increased competition have led to falling prices for ICT goods and services, which has provided a strong incentive to replace other forms of capital and labor with information technology equipment. Increased ICT production and use has the potential to create job opportunities, transfer skills, and increase efficiency and transparency in politics and business, and therefore, contribute to economic growth. This paper focuses on the linkage between ICT and output growth. It summarizes findings in the literature on the contribution of information and communication technology to economic growth arising from capital deepening and increases in total factor productivity. The paper contains: - The methodologies used to evaluate the different ways ICT influences productivity growth; - A critical assessment of the magnitude of ICT's contribution to growth in various countries; - A summary of the key factors that increase and obstruct ICT expansion; and - An outline of the challenges developing countries face in maximizing ICT's contribution to growth and policy recommendations aimed at surmounting these challenges.

Asian Development Outlook 2018

Asian Development Outlook 2018 PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292611216
Category : Business & Economics
Languages : en
Pages : 650

Book Description
The annual Asian Development Outlook analyzes economic performance in the past year and offers forecasts for the next 2 years for the 45 economies in Asia and the Pacific that make up developing Asia. Growth prospects in the region are upbeat, buoyed by favorable demand at home and abroad. A strong performance in 2017 reflected a surge in exports, which will likely abate this year and next, and rapidly expanding domestic demand. While the outlook is for steady growth, risks to it are decidedly on the downside: Trade friction could weaken recently deepened trade links, tightening US monetary policy could diminish investment in developing Asia, and rising domestic private debt may hamper growth. New technologies drive higher productivity, the foundation for economic growth, better-paid jobs, and poverty reduction. The latest technologies in robotics and artificial intelligence may threaten some jobs, however, and leave less-skilled workers behind. To maximize gains in productivity while safeguarding social welfare, governments in developing Asia should protect workers but not preserve particular jobs. Meanwhile, they should facilitate the countervailing forces in new technologies that generate new jobs. Dealing with the downsides of new technology requires synchronized effort on skills development, labor regulation, social protection, and income redistribution.

Economic Efficiency and Productivity Growth in the Asia-Pacific Region

Economic Efficiency and Productivity Growth in the Asia-Pacific Region PDF Author: Tsu-Tan Fu
Publisher: Edward Elgar Publishing
ISBN:
Category : Asia
Languages : en
Pages : 376

Book Description
Asian and western economists apply a variety of empirical techniques to measure productivity growth, factor accumulation, and economic efficiency at both large and small scales in the region as a whole and in specific countries over the past three decades. Their techniques include traditional growth accounting, econometric frontier estimation, and data envelopment analysis. Among the issues they discuss are the influential role of trade in the region, macroeconomic management, income, capital, labor productivity, technology, and investment. Annotation copyrighted by Book News, Inc., Portland, OR

Information Technology Diffusion in the Asia Pacific

Information Technology Diffusion in the Asia Pacific PDF Author: Felix B. Tan
Publisher: IGI Global
ISBN: 9781878289483
Category : Business & Economics
Languages : en
Pages : 394

Book Description
According to a recent United Nations report, the increase in power and functionlity of IT coupled with decreasing prices have contributed to rapid IT adoption and use in both developed countries and newly industralised nations of the Asia Pacific. Information Technology Diffusion in the Asia Pacific: Perspectives on Policy, Electronic Commerce and Education provides essential reading on IT diffusion in leading countries of the Asia Pacific. By focusing on some of the different applciations and implications of IT in these nations, contributions in this book deal with aspects of IT applications in the Asia Pacific countries, and ways that information technology can assist nations in dealing with technological and electronic growth and risks involved.

Technology and Poverty Reduction in Asia and the Pacific

Technology and Poverty Reduction in Asia and the Pacific PDF Author: Organisation for Economic Co-operation and Development. Development Centre
Publisher: Paris, France : Asian Development Bank, Development Centre of the Organisation for Economic Co-operation and Development
ISBN:
Category : Poverty
Languages : en
Pages : 230

Book Description
This conference proceedings examines technology's potential contribution to poverty reduction and looks at policies to make technology work for the poor.