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Innovation and Economic Development

The Impact of Information and Communication Technologies in Latin America Edited by Mario Cimoli, Director, Division of Production, Productivity and Management, Economic Commission for Latin America and the Caribbean (ECLAC), Chile and Professor of Economics, University of Venice, Italy, André A. Hofman, Director of the Revista CEPAL Review for ECLAC, Chile and Nanno Mulder, Economic Affairs Officer, Division for International Trade and Integration for ECLAC, Chile
Information and communication technologies (ICT) are spreading fast across Latin America and the Caribbean. This trend has brought about important economic and social changes, which have largely gone unmeasured until recently. Here, analysts from the United Nations Economic Commission for Latin America and the Caribbean along with other distinguished scholars in the field of ICT, growth and productivity provide theoretical and empirical insights to the debate on the role of ICT in economic development.
In Association with the United Nations Economic Commission for Latin America and the Caribbean
Extent: 288 pp
Hardback Price: $136.00 Web: $122.40
Publication Date: 2010
ISBN: 978 1 84980 241 3
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  • Development Studies
  • Development Studies
  • Economics and Finance
  • Economics of Innovation
  • Innovation and Technology
  • Economics of Innovation
  • Technology and ICT
Information and communication technologies (ICT) are spreading fast across Latin America and the Caribbean. This trend has brought about important economic and social changes, which have largely gone unmeasured until recently. Here, analysts from the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) along with other distinguished scholars in the field of ICT, growth and productivity provide theoretical and empirical insights to the debate on the role of ICT in economic development.

This book is the fruit of the research ECLAC has amassed, with ten chapters detailing the great strides that have been made of late in ICT. A distinguishing feature of this book is its multi-disciplinary approach to measuring the economic effects of these technologies, which incorporates the neo-classical growth accounting approach and the evolutionary-structuralist approach. These approaches are noteworthy because, much like the primary message of ECLAC, they exemplify the pivotal importance of technical progress, productivity and structural transformation in economic growth. Innovation and Economic Development identifies several opportunities and challenges for bringing about a more dynamic role of ICT in the process of structural change and productivity growth and contends that accelerating the adoption and efficient use of ICT is essential to any strategy for further success.

Policymakers, entrepreneurs, students and scholars of ICT, development and economics, and other social actors who have raised concerns about the contribution of ICT to economic growth and productivity in Latin America are sure to have their questions answered and their perspectives broadened by this discerning work.
Contributors: C. Aravena, M. Badia-Miró, N.F. Campos, M. Capasso, C. Castaldi, M. Cimoli, N. Correa, M. Dal Borgo, G.J. De Vries, G. Dosi, E. Dweck, F. Freitas, J.J. González, A.A. Hofman, C. Hurtado, D.W. Jorgenson, D. Kupfer, N. Mulder, M. O’Mahony, M. Timmer, B. Van Ark, K.M. Vu
Contents:

Foreword
Alicia Bárcena

Introduction and Synthesis
Mario Cimoli, André A. Hofman and Nanno Mulder

1. Latin America and the World Economy
Dale W. Jorgenson and Khuong Minh Vu

2. Technical Change and Economic Growth: Some Lessons from Secular Patterns and Some Conjectures on the Current Impact of ICT
Carolina Castaldi and Giovanni Dosi

3. ICT and Productivity Growth in Europe: An Update and Comparison with the US
Mary O’Mahony, Marcel Timmer and Bart van Ark

4. ICT Investment in Latin America: Does it Matter for Economic Growth?
Gaaitzen J. De Vries, Nanno Mulder, Mariela Dal Borgo and André A. Hofman

5. Growth, Productivity and Information and Communications Technologies in Latin America, 1950–2005
Claudio Aravena, Marc Badia-Miró, André A. Hofman, Christian Hurtado and José Jofré González

6. The Impact of Information and Communication Technologies on Economic Growth in Latin America in Comparative Perspective
Nauro F. Campos

7. ICT, Learning and Growth: An Evolutionary Perspective
Mario Cimoli and Nelson Correa

8. ICT and Knowledge Complementarities: A Factor Analysis on Growth
Marco Capasso and Nelson Correa

9. A Dynamic Input–Output Simulation Analysis of the Impact of ICT Diffusion in the Brazilian Economy
Fabio Freitas, David Kupfer and Esther Dweck

10. The Relative Impact of the Regulatory Framework on the Diffusion of ICT: Evidence from Latin America, 1989–2004
Nauro F. Campos

Index