Project Details
Description
Information and Communication Technology (ICT) has changed the world in a stunning way. Lots of empirical works have show that ICT has been a significant contributor to economic growth. This paper provided a theory with micro-foundation to justify this finding. In the model, there are three channels for ICT to enhance growth. First, ICT improve productivity of production. Second, ICT improve the matching between talents and jobs in the labor market. Finally, ICT facilitates transactions in the market. All these three channels have been contributing positively to enhance economic growth.
Status | Finished |
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Effective start/end date | 20-08-01 → 21-07-31 |
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