The Impact of ICT Capital on Firm Output and Productivity: Evidence for Ecuadorian firms
We estimate the effects of ICT capital and ICT use on firm output and total factor productivity in Ecuador, using a capital augmented production function. We study heterogeneities across 2 dimensions: (i) economic sectors and (ii) firm characteristics (size, export orientation, age, location, technological intensity, and knowledge intensity). Using a novel and comprehensive data set of 27,489 Ecuadorian formal firms and using 2 identification strategies, we find positive and statistically significant effects of ICT capital and ICT use on output and TFP across economic sectors, controlling for firm characteristics. For robustness, we use four alternative measures of (i) ICT capital intensity and (ii) ICT use by the firm, finding, for the former, interesting industry differences on the effect of ICT capital and, for the latter, a positive effect of digital training on firms TFP.
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Language: | English |
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Inter-American Development Bank
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Subjects: | Labor, Digital Technology, Small Business, Information and Communication Technology, Manufacturing Industry, Economy, Productivity, Debtor Finance, Population Aging, Industry, Productive Transformation, D24 - Production • Cost • Capital • Capital Total Factor and Multifactor Productivity • Capacity, E22 - Investment • Capital • Intangible Capital • Capacity, O33 - Technological Change: Choices and Consequences • Diffusion Processes, Transformacion productiva;Productive Transformation;Region Andina;Andean Region;Andean countries;transformación productiva, |
Online Access: | http://dx.doi.org/10.18235/0004664 https://publications.iadb.org/en/impact-ict-capital-firm-output-and-productivity-evidence-ecuadorian-firms |
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dig-bid-node-331272023-08-04T15:57:47ZThe Impact of ICT Capital on Firm Output and Productivity: Evidence for Ecuadorian firms 2022-12-19T00:12:00+0000 http://dx.doi.org/10.18235/0004664 https://publications.iadb.org/en/impact-ict-capital-firm-output-and-productivity-evidence-ecuadorian-firms Inter-American Development Bank Labor Digital Technology Small Business Information and Communication Technology Manufacturing Industry Economy Productivity Debtor Finance Population Aging Industry Productive Transformation D24 - Production • Cost • Capital • Capital Total Factor and Multifactor Productivity • Capacity E22 - Investment • Capital • Intangible Capital • Capacity O33 - Technological Change: Choices and Consequences • Diffusion Processes Transformacion productiva;Productive Transformation;Region Andina;Andean Region;Andean countries;transformación productiva We estimate the effects of ICT capital and ICT use on firm output and total factor productivity in Ecuador, using a capital augmented production function. We study heterogeneities across 2 dimensions: (i) economic sectors and (ii) firm characteristics (size, export orientation, age, location, technological intensity, and knowledge intensity). Using a novel and comprehensive data set of 27,489 Ecuadorian formal firms and using 2 identification strategies, we find positive and statistically significant effects of ICT capital and ICT use on output and TFP across economic sectors, controlling for firm characteristics. For robustness, we use four alternative measures of (i) ICT capital intensity and (ii) ICT use by the firm, finding, for the former, interesting industry differences on the effect of ICT capital and, for the latter, a positive effect of digital training on firms TFP. Inter-American Development Bank Jose Israel Campoverde María L. Granda José Luis Saboin IDB Publications Ecuador en |
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Labor Digital Technology Small Business Information and Communication Technology Manufacturing Industry Economy Productivity Debtor Finance Population Aging Industry Productive Transformation D24 - Production • Cost • Capital • Capital Total Factor and Multifactor Productivity • Capacity E22 - Investment • Capital • Intangible Capital • Capacity O33 - Technological Change: Choices and Consequences • Diffusion Processes Transformacion productiva;Productive Transformation;Region Andina;Andean Region;Andean countries;transformación productiva Labor Digital Technology Small Business Information and Communication Technology Manufacturing Industry Economy Productivity Debtor Finance Population Aging Industry Productive Transformation D24 - Production • Cost • Capital • Capital Total Factor and Multifactor Productivity • Capacity E22 - Investment • Capital • Intangible Capital • Capacity O33 - Technological Change: Choices and Consequences • Diffusion Processes Transformacion productiva;Productive Transformation;Region Andina;Andean Region;Andean countries;transformación productiva |
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Labor Digital Technology Small Business Information and Communication Technology Manufacturing Industry Economy Productivity Debtor Finance Population Aging Industry Productive Transformation D24 - Production • Cost • Capital • Capital Total Factor and Multifactor Productivity • Capacity E22 - Investment • Capital • Intangible Capital • Capacity O33 - Technological Change: Choices and Consequences • Diffusion Processes Transformacion productiva;Productive Transformation;Region Andina;Andean Region;Andean countries;transformación productiva Labor Digital Technology Small Business Information and Communication Technology Manufacturing Industry Economy Productivity Debtor Finance Population Aging Industry Productive Transformation D24 - Production • Cost • Capital • Capital Total Factor and Multifactor Productivity • Capacity E22 - Investment • Capital • Intangible Capital • Capacity O33 - Technological Change: Choices and Consequences • Diffusion Processes Transformacion productiva;Productive Transformation;Region Andina;Andean Region;Andean countries;transformación productiva Inter-American Development Bank The Impact of ICT Capital on Firm Output and Productivity: Evidence for Ecuadorian firms |
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We estimate the effects of ICT capital and ICT use on firm output and total factor productivity in Ecuador, using a capital augmented production function. We study heterogeneities across 2 dimensions: (i) economic sectors and (ii) firm characteristics (size, export orientation, age, location, technological intensity, and knowledge intensity). Using a novel and comprehensive data set of 27,489 Ecuadorian formal firms and using 2 identification strategies, we find positive and statistically significant effects of ICT capital and ICT use on output and TFP across economic sectors, controlling for firm characteristics. For robustness, we use four alternative measures of (i) ICT capital intensity and (ii) ICT use by the firm, finding, for the former, interesting industry differences on the effect of ICT capital and, for the latter, a positive effect of digital training on firms TFP. |
author2 |
Jose Israel Campoverde |
author_facet |
Jose Israel Campoverde Inter-American Development Bank |
topic_facet |
Labor Digital Technology Small Business Information and Communication Technology Manufacturing Industry Economy Productivity Debtor Finance Population Aging Industry Productive Transformation D24 - Production • Cost • Capital • Capital Total Factor and Multifactor Productivity • Capacity E22 - Investment • Capital • Intangible Capital • Capacity O33 - Technological Change: Choices and Consequences • Diffusion Processes Transformacion productiva;Productive Transformation;Region Andina;Andean Region;Andean countries;transformación productiva |
author |
Inter-American Development Bank |
author_sort |
Inter-American Development Bank |
title |
The Impact of ICT Capital on Firm Output and Productivity: Evidence for Ecuadorian firms |
title_short |
The Impact of ICT Capital on Firm Output and Productivity: Evidence for Ecuadorian firms |
title_full |
The Impact of ICT Capital on Firm Output and Productivity: Evidence for Ecuadorian firms |
title_fullStr |
The Impact of ICT Capital on Firm Output and Productivity: Evidence for Ecuadorian firms |
title_full_unstemmed |
The Impact of ICT Capital on Firm Output and Productivity: Evidence for Ecuadorian firms |
title_sort |
impact of ict capital on firm output and productivity: evidence for ecuadorian firms |
publisher |
Inter-American Development Bank |
url |
http://dx.doi.org/10.18235/0004664 https://publications.iadb.org/en/impact-ict-capital-firm-output-and-productivity-evidence-ecuadorian-firms |
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AT interamericandevelopmentbank theimpactofictcapitalonfirmoutputandproductivityevidenceforecuadorianfirms AT interamericandevelopmentbank impactofictcapitalonfirmoutputandproductivityevidenceforecuadorianfirms |
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1809108376292950016 |