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The impact of ICT on productivity of Italian firms: evaluation of the micro-complementarity hypothesis/ created by Cristiana Donati and Domenico Sarno

By: Contributor(s): Material type: TextTextSeries: Applied economics letters ; Volume 20, number 4New York: Taylor and Francis, 2013Content type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
ISSN:
  • 13504851
Subject(s): LOC classification:
  • HB1.A666 APP
Online resources: Abstract: The seminal work of Milgrom and Roberts (1990) established that interactions between factors such as Information and Communication Technologies (ICTs), organization and human capital entail a complementary relationship between these inputs; from such interactions, firms are able to exploit productivity gains arising from ICT investment. The empirical analysis is conducted on a panel of Italian manufacturing firms covering the period 2001–2006. The application of a suited System Generalized Method of Moments (SYS-GMM) estimator shows that for firms engaging ICT there exists a more coherent relationship between pair inputs and also among all three inputs considered.
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The seminal work of Milgrom and Roberts (1990) established that interactions between factors such as Information and Communication Technologies (ICTs), organization and human capital entail a complementary relationship between these inputs; from such interactions, firms are able to exploit productivity gains arising from ICT investment. The empirical analysis is conducted on a panel of Italian manufacturing firms covering the period 2001–2006. The application of a suited System Generalized Method of Moments (SYS-GMM) estimator shows that for firms engaging ICT there exists a more coherent relationship between pair inputs and also among all three inputs considered.

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