Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/269142 
Year of Publication: 
2022
Series/Report no.: 
ECB Working Paper No. 2735
Publisher: 
European Central Bank (ECB), Frankfurt a. M.
Abstract: 
Digitalisation may be viewed as a sequence of supply and technology shocks affecting the economy through productivity and output, employment and labour markets, competition and market structure. This paper focuses on the effects of digitalisation on economic growth, and how those effects may be impacted by institutions and governance. It discusses a number of theoretical mechanisms and empirical evidence for different sets of European and other countries. The results suggest that better institutions and governance tend to be associated with greater growth-enhancing effects from digital technologies.
Subjects: 
technology
adoption
estimates
pooled mean group estimation (PMGE)
panel
JEL: 
E22
O33
O43
O52
O57
Persistent Identifier of the first edition: 
ISBN: 
978-92-899-5322-1
Document Type: 
Working Paper

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