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)

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...

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Main Authors: Alfonso Gambardella, Salvatore Torrisi
Format: Article
Language:Italian
Published: Associazione Economia civile 2012-04-01
Series:Moneta e Credito
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/view/9782
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author Alfonso Gambardella
Salvatore Torrisi
author_facet Alfonso Gambardella
Salvatore Torrisi
author_sort Alfonso Gambardella
collection DOAJ
description 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         
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spelling doaj.art-830cd51ef8324ece873e95f7bfc879042023-02-03T16:36:15ZitaAssociazione Economia civileMoneta e Credito2037-36512012-04-015421310.13133/2037-3651/9782Nuova 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 GambardellaSalvatore Torrisi 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          https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/view/9782FirmInvestmentManufacturingProductivity
spellingShingle Alfonso Gambardella
Salvatore Torrisi
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)
Moneta e Credito
Firm
Investment
Manufacturing
Productivity
title 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)
title_full 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)
title_fullStr 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)
title_full_unstemmed 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)
title_short 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)
title_sort nuova industria o nuova economia l impatto dell informatica sulla produttivita dei settori manifatturieri in italia new industry or new economy the impact of the information technology on the productivity of the italian manufacturing sectors
topic Firm
Investment
Manufacturing
Productivity
url https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/view/9782
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AT salvatoretorrisi nuovaindustriaonuovaeconomialimpattodellinformaticasullaproduttivitadeisettorimanifatturieriinitalianewindustryorneweconomytheimpactoftheinformationtechnologyontheproductivityoftheitalianmanufacturingsectors