요약문

A strong relationship between IT and productivity growth was found in the Korean economy and productivity growth remained quite strong despite the 1997 financial crisis and the subsequent recession, and the collapse of the IT bubble in 2000. This study has also found that approximately 80% of TFP growth comes from technological change, 15% of TFP growth is attributable to efficiency improvement, and the rest results from scale diseconomies. This finding indicates that the dominant source of TFP growth is technological change, but the proportion of efficiency improvement in TFP growth has continually increased. Efficiency improvement primarily represents improved management and organizational productivity.

목차

I. Introduction

II. Information Technology, Productivity Growth, and Production Potential

: An Intuitive Exposition

III. A Brief Review of the Literature

IV. Methodology

1​. Decomposition of Total Factor Productivity Growth

2. Measurement of Technical Efficiency

V. Empirical Analysis

1​. South Korea and the IT Revolution

2. Data

3. Analysis of Accounting Performance

4. Empirical Results

VI. Concluding Remarks and Policy Implications

References

Abstract

(아래 표지를 누르시면 원문으로 이동합니다.)