Nuova industria o nuova economia? L'impatto dell'informatica sulla produttività dei settori manifatturieri in Italia (New Industry or New Economy? The Impact of the Information Technology on the Productivity of the Italian Manufacturing Sectors)

Alfonso Gambardella, Salvatore Torrisi

Abstract


This paper employs a sample of 3,525 manufacturing firms in Italy to estimate the impact of investments in Information & Communication Technology (ICT) on firms' productivity. The results, which are confirmed by separate estimations for individual industries or groups thereof, support the hypothesis that the ICTs are a general-purpose technology, or a new technological paradigm. This is because, like with electricity, they influence the productivity of firms in many industries, including traditional ones. Moreover, the firms with higher investments in ICTs show higher employment growth. Our results also indicate that there are differences among firms in the propensity to invest in the ICTs, irrespective of their industry.     

 

 

JEL Codes: L60, D24, L86, G31

Keywords: Firm, Investment, Manufacturing, Productivity         


Parole chiave


Firm, Investment, Manufacturing, Productivity

Full Text

PDF

Riferimenti bibliografici


ABRAMOVITZ, M. e P.A. DAVID (1996), "Convergence and differred catch-up: productivity leadership and the waning of American exceptionalism", in R. Landau, T. Taylor e G. Wright eds, The Mosaic of Economic Growth, Stanford University Press, Stanford.

ARORA, A., A. GAMBARDELLA e S. TORRISI (2001), "Growth and information technology. A comparison between Indian and Irish software industries", relazione presentata al Meeting annuale dell'American Economic Association, New Orleans, 5-7 gennaio.

BAI2R0, R. (1997), Determinants of Economic Growth: A Cross-Country Empirical Study, MIT Press, Cambridge, Mass.

BARTEL, A. e F. LICHTENBERG (1987), "The comparative advantage of educated workers in implementing new technologies", Review of Economics and Statistics, vol. 69, pp. 1-11.

BRESNAHAN, T. e M. TRAJTENBERG (1995), "General purpose technologies: engines of growth", Journal of Econometrics, vol. 65, pp. 83-108.

BRESNAHAN, T. e A. GAMBARDELLA (1998), "The division of inventive labour and the extent of the market", in E. Helpman ed., General Purpose Technologies and Economic Growth, MIT Press, Cambridge, Mass.

BRESNAHAN, T., E. BRYNJOLFSSON e L. HITT (2001), "Information technology, workplace organization, and the demand for skilled labour: firm-level evidence", Quarterly Journal of Economics, in corso di pubblicazione.

BRYNJOLFSSON, E. e L. HITT (2000a), "Beyond computation: information technology, organization transformation and business performance", Journal of Economic Perspectives, Fall, vol. 14, no. 4, pp. 23-48.

BRYNJOLFSSON, E. e L. HITT (2000b), "Computing productivity: firm-level evidence", Working Paper, MIT Sloan School.

CREPON, B., E. DUGUET e J. MAIRESSE (1998), "Research investment, innovation and productivity: an econometric analysis", INSEE Working Paper, in corso di pubblicazione su Economics of Innovation and New Technology.

DAVERI, F. (2000), "Is growth in Europe an ICT story too?", Università degli Studi di Parma e IGIER, Milano, manoscritto.

DAVENPORT, T.H. (1993), Process Innovation: Reengineering Work Through Information Technology, Harvard Business School Press, Boston.

DAVID, P. (1990), "The dynamo and the computer: a historical perspective on the modern productivity paradox", American Economic Review, vol. 80, no. 2, pp. 355-61.

DAVID, P.A. e G. WRIGHT (1999), "General purpose technologies and surge in productivity: historical reflections on the future of the ICT revolution", Discussion Papers in Economic and Social History, University of Oxford, no. 31, September.

ECONOMIST (THE) (2000), "Untangling economics", Special Survey sulla New Economy, 23 September, pp. 1-44.

FREEMAN, C. e C. PEREZ (1988), "Structural crises of adjustment: business cycles and investment behaviour", in G. Dosi et al. eds, Technical Change and Economic Theory, F. Pinter, London, pp. 38-66.

GAMBARDELLA, A. (2000), "La complessità della New Economy", in G. Amato et al., a cura di, Lo sviluppo dell'economia digitale in Italia, Franco Angeli, Milano, pp. 37-62.

GOLDIN, C. e L. KATz (1998), "The origin of technology-skill complementarity", Quarterly Journal of Economics, vol. 113, pp. 693-732.

GORDON, R. (1999), "Has the new economy rendered the productivity slowdown obsolete?", Northwestern University, Chicago, manoscritto.

GREENAN, N. e J. MAIRESSE (1998), "Computers and productivity in France: some evidence", NBER Working Paper, no. 5836, in corso di pubblicazione in P. David and W.E. Steinmuller eds, Information Technology and the Productivity Paradox, Harwood Academic Publishers, London.

GIULICHES, Z. (1998), "R&D and the productivity slowdown: is recovery around the corner?", Kuznets Memorial Lecture, NBER, Cambridge, Mass.

GULLICKSON, W.E e M.J. HAPER (1999), "Possible measurement bias in aggregate productivity growth", Montlhy Labour Review, February, pp. 47-67.

HALL, R. e D. JORGENSON (1967), "Tax policy and investment behavior", American Economic Review, vol. 57, no. 3, pp. 391-414.

HARBENGER, A.C. (1998), "A vision of the growth process", American Economic Re-view, vol. 88, no. 1, pp. 1-32.

ISTAT (1999), Rapporto Annuale: la situazione del Paese nel 1999, Roma.

JORGENSON, D.W. e K.J. STIROH (2000), "Raising the speed limit: US economic growth in the information age", Harvard University e Federal Reserve Bank of New York, manoscritto.

LIGHT, G. e D. MOCH (1997), "Innovation and information technology in services", ZEW Discussion Paper, Nr. 97-20, Mannheim.

MACHIN, S. e J. VAN REENEN (1998), "Technology and changes in skills structure: evidence from seven OECD countries", The Quarterly Journal of Economics, vol. 113, pp. 1215-44.

MEDIOCREDITO CENTRALE (1997), Indagine sulle imprese manifatturiere. Sesto rapporto sull'industria italiana e sulla politica industriale, Ministero dell'Industria e Mediocredito Centrale, Il Sole 24 Ore Libri, Milano.

OECD (2000) OECD Economic Outlook, no. 67, Paris.

PAGANETTO, L., L. BECCHETTI e D.A.L. BEDOYA (2000), "ICT investment, productivity and efficiency: evidence at firm level using a stochastic frontier approach", relazione presentata alla XII Villa Mondragone Conference on "Knowledge Economy, Information Technology and Growth", Frascati, giugno.

PASINETTI, L. (2000), "Critica della teoria neoclassica della crescita e della distribuzione", Moneta e Credito, vol. LIII, n. 210, giugno, pp. 187-232.

PAVITT, K. (1984), "Sectorial patterns of technological change: toward a taxonomy and a theory", Research Policy, vol. 13, no. 6, pp. 343-73.

PORTER, M. (1998), "Clusters and the new economics of competition", Harvard Business Review, November-December, pp. 77-90.

SYLOS LABINI, P. (1988), "Rendimenti decrescenti e prezzo del capitale: quando gli economisti faranno finalmente i conti con queste due fondamentali questioni?", Moneta e Credito, vol. XLI, n. 163, pp. 269-96.

TORRE, L. (1997), "Concentration patterns of the contribution of TFP to output growth: evidence from the Mexican manufacturing sector", cit. in A.C. Harbenger, 1998, pp. 11.

TORRISI, S. (1998), Industrial Organisation and Innovation. An International Study of the Software Industry, Edward Elgar, Cheltenham.

US DEPARTMENT OF COMMERCE (1999), "The emerging digital economy II", Washington.


Refback

  • Non ci sono refbacks, per ora.


Copyright (c) 2016 Alfonso Gambardella, Salvatore Torrisi

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

 

Con il contributo di  

ISSN 2037-3651

Reg. Tribunale di Roma n.377/2009 del 19/11/2009