Arbeitspapier

Contribution of the new economy to Estonia's economic growth and convergence with the European economy

Contribution of the New Economy to Estonia's economic growth is studied from the aspects of information and communication technology (ICT) penetration and development of high and medium-high tech industries. Comparison with EU member states and other candidate countries reveals that especially Internet penetration in Estonia is rather high. Contribution of high tech exports is also good in international comparison. Nevertheless, the direct impact of high tech industries and especially medium-high tech industries on economic growth might have been better. The main impact on growth is indirect and goes via high ICT level in the economy as a whole.

Language
Englisch

Bibliographic citation
Series: TIGER Working Paper Series ; No. 41

Classification
Wirtschaft
Subject
Wirtschaftswachstum
Wissensgesellschaft
Informationstechnik
Hochtechnologie
Estland
EU-Staaten
New Economy

Event
Geistige Schöpfung
(who)
Rajasalu, Teet
Laur, Anton
Event
Veröffentlichung
(who)
Transformation, Integration and Globalization Economic Research (TIGER)
(where)
Warsaw
(when)
2003

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Rajasalu, Teet
  • Laur, Anton
  • Transformation, Integration and Globalization Economic Research (TIGER)

Time of origin

  • 2003

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