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Information Technology, Productivity, and Economic GrowthInternational Evidence and Implications for Economic Development$
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Matti Pohjola

Print publication date: 2001

Print ISBN-13: 9780199243983

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780199243983.001.0001

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The Economic Impact of Information and Communication Technology in Korea

The Economic Impact of Information and Communication Technology in Korea

Chapter:
(p.196) 9 The Economic Impact of Information and Communication Technology in Korea
Source:
Information Technology, Productivity, and Economic Growth
Author(s):

KUK-HWAN JEONG

JEONG HUN OH

ILSOON SHIN

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199243983.003.0009

In line with how our society is undergoing a transition towards a more information and knowledged-based society, questions have been raised regarding the contributions of investing on information and communication technology (ICT) for the economy. In identifying policy issues that are connected with such questions, it is important first to understand the implications of ICT developments and diffusion, and how these may be experienced differently across several regions and sectors. This chapter attempts to determine appropriate data to conduct an empirical analysis specifically for Korea through examining ICT-related data on the labour force, capital stock, and investments during the period between 1980 and 1995. Here, the chapter makes use of the Korean Standard Industrial Classification (KSIC) and the Korean input/output (IO) table for ICT investment and capital stock data.

Keywords:   ICT, KSIC, Korean IO table, ICT investment, capital stock, labour force, Korea, empirical analysis

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