NDLI: Estimation of China's Productive Capital Stock from Information Technology Investment: during the Period from 1980 to 2003

Content Provider	IEEE Xplore Digital Library
Author	Shi Li Hu Pei
Copyright Year	2007
Description	Author affiliation: Southwest Jiaotong Univ., Chengdu (Shi Li; Hu Pei)
Abstract	One of the important issues focusing on information technology on China's economic growth is to capture the flow of the IT capital services from cumulative IT capital stock of past IT investments. IT capital stock in China has not been published at present, and there has been scarce research on estimating this type of stock for its investment data availability. This makes it impossible to carry out further research on IT contribution to China's economic growth. This paper challenges the problem by estimating China's IT productive capital stock during 1980-2003. By estimating China's IT wealth stock in the same period, this paper adds our understanding of cumulative patterns and growth trend of IT productive stock in China. Another contribution of the paper is that we have constructed price indices for investment of IT assets based on the method called 'harmonized deflator', which has not been investigated in China previously. We used the price indices to deflate nominal investment in IT assets to estimate both IT productive stock and IT wealth stock. Our results indicate that IT productive stock has been accumulated much faster than IT wealth stock has done, while both of them have been rising sharply in China since 1980.
Starting Page	180
Ending Page	185
File Size	3996893
Page Count	6
File Format	PDF
ISBN	9787560322780
DOI	10.1109/ICMSE.2007.4421844
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2007-08-20
Publisher Place	China
Access Restriction	Subscribed
Rights Holder	HARBIN INSTITUTE OF TEC
Subject Keyword	Productivity Economic indicators IT assets Conference management Educational institutions Information technology Technology management Engineering management Investments Production IT wealth stock Marketing and sales hedonic method IT productive stock harmonized deflator
Content Type	Text
Resource Type	Article

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1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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