What ’ s Spurious , What ’ s Real ? Measuring the Productivity Impacts of ICT at the Firm-Level

  title={What ’ s Spurious , What ’ s Real ? Measuring the Productivity Impacts of ICT at the Firm-Level},
  author={Thomas Hempell},
  • Thomas Hempell
  • Published 2002
In order to assess the productivity effects of information and communication technologies (ICT), regressions based on cross–sectional firm–level data may yield unreliable results for the commonly employed production function framework. In this paper, various estimation biases and econometric strategies to overcome their sources are discussed. The effects are illustrated on the basis of a representative set of panel data for German service firms covering the period 1994 to 1999. The application… CONTINUE READING
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