摘要：This study analyzes the development of the information technology (IT) industry in Korea in the 1971-2000 period and examines the sources of Korea's economic growth and productivity during that period. An attempt is made to examine the contribution of input to output growth on the basis of the standard growth accounting framework. The study also analyzes the source of productivity growth based on the production function framework, drawing attention to the role that IT capital may have played. The main findings are that IT capital is not only an important factor on the out growth in the short run, but a positive effect on the long run change of labor productivity. The contribution of IT to GDP growth comes from IT capital deepening rather than the increase in TFP growth.
关键词：Economic Growth; IT; Knowledge Capital; Productivity; Korea
