Arbeitspapier

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

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.

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 558

Klassifikation
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
Thema
Information technology, Productivity growth, Organisational change
IT-Industrie
Organisatorischer Wandel
Produktivität
Ökonometrisches Modell
Großbritannien

Ereignis
Geistige Schöpfung
(wer)
Crespi, Gustavo
Criscuolo, Chiara
Haskel, Jonathan
Ereignis
Veröffentlichung
(wer)
Queen Mary University of London, Department of Economics
(wo)
London
(wann)
2006

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Crespi, Gustavo
  • Criscuolo, Chiara
  • Haskel, Jonathan
  • Queen Mary University of London, Department of Economics

Entstanden

  • 2006

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