A microeconomic approach to the measurement of information technology value
Journal of Management Information Systems
The productivity paradox of information technology
Communications of the ACM
Strategic information technology management
Investment in information systems and the financial performance of the firm
Information and Management
International dimensions of the productivity paradox
Communications of the ACM
The substitution of information technology for other factors of production: a Firm Level Analysis
Management Science - Special issue: Frontier research on information systems and economics
Disaggregating the return on investment to IT capital
ICIS '98 Proceedings of the international conference on Information systems
Does successful investment in information technology solve the productivity paradox?
Information and Management
Information and Management
Strategic Planning for Information Systems
Strategic Planning for Information Systems
Information technology and economic performance: A critical review of the empirical evidence
ACM Computing Surveys (CSUR)
Information Systems Research
Special issue: impacts of information technology investment on organizational performance
Journal of Management Information Systems - Special issue: Impacts of information technology investment on organizational performance
Information technology payoff in the health-care industry: a longitudinal study
Journal of Management Information Systems - Special issue: Impacts of information technology investment on organizational performance
Journal of Management Information Systems - Special issue: Impacts of information technology investment on organizational performance
A multivariate framework for the analysis of the digital divide: evidence for the European Union-15
Information and Management
Training as regulation and development: An exploration of the needs of enterprise systems users
Information and Management
Development of telecommunication and broadcasting infrastructure indices at the global level
Telecommunications Policy
ICT Co-evolution and Korean ICT strategy-An analysis based on patent data
Telecommunications Policy
Does ICT investment widen the growth gap?
Telecommunications Policy
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The major role of information and communication technology (ICT) in the new economy is well documented: countries worldwide are pouring resources into their ICT infrastructure despite the widely acknowledged "productivity paradox". Evaluating the contribution of ICT investments has become an elusive but important goal of IS researchers and economists. But this area of research is fraught with complexity and we have used Solow's Residual together with time-series analysis tools to overcome some methodological inadequacies of previous studies. Using this approach, we conduct a study of 20 countries to determine if there was empirical evidence to support claims that ICT investments are worthwhile. The results show that ICT contributes to economic growth in many developed countries and newly industrialized economies (NIEs), but not in developing countries. We finally suggest ICT-complementary factors, in an attempt to rectify possible flaws in ICT policies as a contribution towards improvement in global productivity.