The purpose of this paper is to build a comprehensive indicator of Information Communication Technology (ICT). We first develop an ICT indicator for Taiwan high-technology industries. We then extend the Bresnahan, Brynjolffson and Hitt (2000) model to measure the impact of ICTs on economic performance and organization structure. In this paper, a new measure of ICTs provides a more complete picture of ICT activity in Taiwan high-technology industry.

No description available.

The purpose of this study is to investigate if growth in ICT investments affects output growth differently across four income groups. Our panel data analysis is based on a sample of 101 countries in the period 1995-2015, where we conduct an augmented Cobb-Douglas production function with GDP growth as dependent variable. We divide the regression sample into high-, upper middle-, lower middle- and low-income countries to account for income disparities across countries. The outcomes are measured by estimating both ordinary least square and a fixed effects model. The impact of capital investments is measured by using two variables; growth of ICT capital services and non-ICT capital services. In addition, we control for exports and the growth in labor quality. Our major findings show that there are only significant contributions to growth in the top-three richest countries, with exception for the middle-income countries when controlling for fixed effects.