The Relationship between ICT Investment and Productivity in the Canadian Economy: A Review of the Evidence
Andrew Sharpe
Abstract
Open-access reader
Andrew Sharpe
Abstract
Open-access reader
The objective of this report is to shed light on the relationship between information and communications technologies (ICT) and productivity in the Canadian economy.The key conclusion of the report is that ICT has been the driving force behind the acceleration of productivity growth in Canada and the United States since 1996. However, the potential of ICT has not been fully exploited and we will continue to see significant ICT contributions to productivity growth in coming years. The role for government is to develop appropriate policy frameworks so that the productivity-enhancing effects of ICT can be fully realized.
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The objective of this report is to shed light on the relationship between information and communications technologies (ICT) and productivity in the Canadian economy.The key conclusion of the report is that ICT has been the driving force behind the acceleration of productivity growth in Canada and the United States since 1996. However, the potential of ICT has not been fully exploited and we will continue to see significant ICT contributions to productivity growth in coming years. The role for government is to develop appropriate policy frameworks so that the productivity-enhancing effects of ICT can be fully realized.
Key concepts: Information and Communications Technology, Productivity, Investment (military), Government (linguistics), Business, Industrial organization, Economics, Economy