Information technology, organisational change and productiivity growth: Evidence from UK firms

Arbeitspapier

We examine the relationships between productivity growth, IT investment and organisational change (∆O) using UK firm data. Consistent with the small number of other micro studies we find (a) IT appears to have high returns in a growth accounting sense when ∆O is omitted; when ∆O is included the IT returns are greatly reduced, (b) IT and ∆O interact in their effect on productivity growth, (c) non-IT investment and ∆O do not interact in their effect on productivity growth. Some new findings are (a) ∆O is affected by competition; (b) US-owned firms are much more likely to introduce ∆O relative to foreign owned firms who are more likely still relative to UK firms; (c) our predicted measured TFP growth slowdown for firms who are not doing ∆O and/or are in the early stages of IT investment compare well with the macro numbers documenting a UK measured TFP growth slowdown.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Working Paper ; No. 558

Classification and Topics

• Classification: Wirtschaft ; Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity ; Investment; Capital; Intangible Capital; Capacity ; Firm Organization and Market Structure ; Innovation and Invention: Processes and Incentives
• Subject: Information technology, Productivity growth, Organisational change ; IT-Industrie ; Organisatorischer Wandel ; Produktivität ; Ökonometrisches Modell ; Großbritannien

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Crespi, Gustavo ; Criscuolo, Chiara ; Haskel, Jonathan
• Event: Veröffentlichung
• (who): Queen Mary University of London, Department of Economics
• (where): London
• (when): 2006

Further information

• Handle: http://hdl.handle.net/10419/62874
• Last update: 10.03.2025, 11:44 AM CET