Abstract
This paper analyzes the determinants of labor productivity in the services firms of Colombia. In particular, we examine the relation between information and communication technologies -ICT- (in terms of investment and use) and productivity. The study finds that ICT investment and use jointly increase labor productivity in about 18% on average. The empirical evidence supports the hypothesis that ICT technological resources (both in equipment investment and ICT use), together with non-ICT capital, training, and the proportion of foreign capital and permanent workers are the main determinants of productivity increase in the Colombian services firms.
| Translated title of the contribution | ICT and productivity in service industries in Colombia |
|---|---|
| Original language | Spanish |
| Pages (from-to) | 163-188 |
| Number of pages | 26 |
| Journal | Lecturas de Economia |
| Volume | 77 |
| Issue number | 77 |
| State | Published - Dec 2012 |
All Science Journal Classification (ASJC) codes
- Sociology and Political Science
- Economics and Econometrics
