The Journal of Economic Studies and Policies

The Journal of Economic Studies and Policies

Effect of ICT Capital Services on Production of Economic Sectors: A Panel Data Analysis

Document Type : Original Article

Authors
mahmud mahmudzadeh 1
Maryam Tayyari 2
1 Assistant Professor, Department of Economics, Islamic Azad University, Firoozkooh Branch, Tehran, Iran
2 Master of Economics
10.22096/esp.2010.26224
Abstract
The aim of this paper is to investigate the impact of ICT capital services on production of seven major economic sectors by using a panel data method over the period 2001-2007. Findings state that the non-ICT capital stock and labor force have positive impact on production. The production elasticity of ICT capital service is between 0.07-0.098, but this coefficient is less than the production elasticity of non-ICT capital (about 0.2). Thus, the paper concludes that ICT affects the production and it seems that the "Productivity Paradox" does not appear in Iran economy.
Keywords
ICT Capital Services
Economic Sectors
Panel Data

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