Beyond the Era of Convergence
Edited by Hitoshi Mitomo, Hidenori Fuke and Erik Bohlin
Chapter 5: Efficiency of transport infrastructure and ICT development
AbstractThis study examines the impact of ICT growth on the productivity effects of transportation infrastructure. Using dynamic panel data of OECD member countries, the study finds econometrically meaningful results on examining the complementarity between ICT and transportation infrastructures. The network effect of growth of motorway infrastructure in advanced countries tends to accelerate when the ICT network grows beyond a certain threshold level.
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