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ICT and technical efficiency of 15 EU countries: A stochastic frontier analysis approach

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F14%3A86090190" target="_blank" >RIV/61989100:27510/14:86090190 - isvavai.cz</a>

  • Result on the web

    <a href="http://www.mme2014.upol.cz/downloads/MME_2014_Proceedings.pdf" target="_blank" >http://www.mme2014.upol.cz/downloads/MME_2014_Proceedings.pdf</a>

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    ICT and technical efficiency of 15 EU countries: A stochastic frontier analysis approach

  • Original language description

    The purpose of this paper is to assess the technical efficiency of 15 countries of the European Union (EU) and to investigate factors, which influence inefficiency using Stochastic Frontier Analysis approach during the time period 1995 - 2007. A Cobb-Douglas stochastic production frontier is simultaneously estimated with a technical inefficiency model. The impact of ICT (Information and Communication Technologies) on labour productivity and the effects of ICT in reducing aggregate technical inefficiencyare analyzed. Countries of EU are also compared and ranked according to their levels of efficiency. Strong evidence is provided for significantly positive ICT impact on labour productivity. Further evidence indicates positive impact of ICT and technicaleducation in reducing country inefficiencies. The most efficient countries in the sample are France, Italy and Netherlands followed by the other EU-12 countries. The obtained results are comparable with similar study Dimelis and Papaioan

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AE - Management, administration and clerical work

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2014

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Mathematical Methods in Economics, MME 2014 : 32nd international conference : September 10-12, 2014, Olomouc, Czech Republic : conference proceedings

  • ISBN

    978-80-244-4209-9

  • ISSN

  • e-ISSN

  • Number of pages

    6

  • Pages from-to

    602-607

  • Publisher name

    Palacký University

  • Place of publication

    Olomouc

  • Event location

    Olomouc

  • Event date

    Sep 10, 2014

  • Type of event by nationality

    EUR - Evropská akce

  • UT code for WoS article