Information and Communication Technologies and Labor Productivity: A Dynamic Slacks-Based Data Envelopment Analysis

The current paper analyzes the efficiency displayed by 24 European Union (EU) countries when fostering labor productivity and the value added via ICT investments. In particular, a dynamic slacks-based measure data envelopment analysis (SBM-DEA) model is applied to analyze the evolution of efficiency...

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Vydáno v:Journal of the knowledge economy Ročník 15; číslo 3; s. 14076 - 14102
Hlavní autoři: Santos-Arteaga, Francisco J., Di Caprio, Debora, Tavana, Madjid
Médium: Journal Article
Jazyk:angličtina
Vydáno: New York Springer US 01.09.2024
Springer Nature B.V
Témata:
Artificial intelligence
Competitive intelligence
Corporate governance
Data envelopment analysis
Digital Transformation and Disruption
Economic Policy
Economics
Economics and Finance
Efficiency
Entrepreneurship
Financial literacy
Gender pay gap
Knowledge economy
Labor productivity
R & D/Technology Policy
Information and communication technologies
Labor productivity
Digital economy and society index
Efficiency
Slacks-based measure data envelopment analysis
ISSN:1868-7873, 1868-7865, 1868-7873
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Shrnutí:The current paper analyzes the efficiency displayed by 24 European Union (EU) countries when fostering labor productivity and the value added via ICT investments. In particular, a dynamic slacks-based measure data envelopment analysis (SBM-DEA) model is applied to analyze the evolution of efficiency through the period 2006–2013. The ranking resulting from the SBM-DEA framework is compared with the evolution of the Digital Economy and Society Index (DESI) scores obtained by these countries. The behavior of the efficiency variables describes a group of highly ranked DESI countries exhibiting a consistent decrease in efficiency. At the same time, several lowly ranked DESI countries display efficient trends throughout the series. The results illustrate how the reliance of EU policies on the social aspects derived from the market penetration of ICTs to measure technological development contrasts with the decreasing efficiency returns derived from an increase in ICTs investment. Thus, while catching up may occur in productivity terms, divergences in technological and social developments widen as investment in ICT infrastructures continues to differ across EU countries.
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ISSN:1868-7873
1868-7865
1868-7873
DOI:10.1007/s13132-023-01634-w