Discovering the Impact of ICT, FDI and Human Capital on GDP: A Cross-sectional Analysis

This paper investigates the impact that human capital, information and communication technology (ICT) and foreign direct investment (FDI) have on GDP. Cross-sectional data from a set of 20 OECD and 24 non-OECD countries in 2007 are analysed employing data envelopment analysis (DEA) and classificatio...

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Bibliographic Details
Main Authors: Domenico Campisi, Arianna De Nicola, Maryam Farhadi, Paolo Mancuso
Format: Article
Language:English
Published: SAGE Publishing 2013-09-01
Series:International Journal of Engineering Business Management
Online Access:https://doi.org/10.5772/56922
Description
Summary:This paper investigates the impact that human capital, information and communication technology (ICT) and foreign direct investment (FDI) have on GDP. Cross-sectional data from a set of 20 OECD and 24 non-OECD countries in 2007 are analysed employing data envelopment analysis (DEA) and classification and regression tree (CART) techniques. The paper illustrates that the level and quality of access to ICT infrastructures plays an important role in determining a country's level of technical efficiency. The paper also indicates the presence of a catch-up process, led by technological innovation, on the part of emerging countries.
ISSN:1847-9790