Estimation about Contribution from Information Technology in China’s Economy
To interpret the role of information technology (IT) in China’s economy, the paper focuses on examining the growth contribution from information technology with Production Probability Frontier and Dual Method during the period from 1980 to 2003. Our results indicate that the Chinese economic growth rate devoted to IT investment has risen steadily since 1990. The contribution share of total factor productivity (TFP) from IT in China has increased sharply after 1995, while the TFP growth rate from non-IT sector dropped at that period.
S. Li "Estimation about Contribution from Information Technology in China’s Economy", Applied Mechanics and Materials, Vols. 58-60, pp. 304-308, 2011