The macroeconomic effect of the information and communication technology in Hungary
Journal Title: International Journal of Advanced Computer Science & Applications - Year 2011, Vol 2, Issue 12
Abstract
It was not until the beginning of the 1990s that the effects of information and communication technology on economic growth as well as on the profitability of enterprises raised the interest of researchers. After giving a general description on the relationship between a more intense use of ICT devices and dynamic economic growth, the author identified and explained those four channels that had a robust influence on economic growth and productivity. When comparing the use of information technonology devices in developed as well as in developing countries, the author highlighted the importance of the available additional human capital and the elimination of organizational inflexibilities in the attempt of narrowing the productivity gap between the developed and developing nations. By processing a large quantitiy of information gained from Hungarian enterprises operating in several economic sectors, the author made an attempt to find a strong correlation between the development level of using ICT devices and profitability together with total factor productivity. Although the impact of using ICT devices cannot be measured unequivocally at the microeconomic level because of certain statistical and methodological imperfections, by applying such analytical methods as cluster analysis and correlation and regression calculation, the author managed to prove that both the correlation coefficient and the gradient of the regression trend line showed a positive relationship between the extensive use of information and communication technology and the profitability of enterprises
Authors and Affiliations
Peter Sasvari
Keywords
Related Articles
- EP ID EP150549
- DOI -
- Views 75
- Downloads 0
Detection and Extraction of Videos using Decision Trees
This paper addresses a new multimedia data mining framework for the extraction of events in videos by using decision tree logic. The aim of our DEVDT (Detection and Extraction of Videos using Decision Trees)...
Main Stream Temperature Control System Based on Smith-PID Scheduling Network Control
This paper is concerned with the controller design problem for a class of networked main stream temperature control system with long random time delay and packet losses. To compensate the effect of time delay and packet...
Breast Cancer Detection with Mammogram Segmentation: A Qualitative Study
Mammography is specialized medical imaging for scanning the breasts. A mammography exam (A Mammogram) helps in the early detection and diagnosis of breast cancer. Mammogram image segmentation is useful in detecting the b...
Studying the Impact of Water Supply on Wheat Yield by using Principle Lasso Radial Machine Learning Model
Wheat plays a vital role in the food production as it fulfills 60% requirements of calories and proteins to the 35% of the world population. Owing to wheat importance in food, wheat demand is increasing continuously. Whe...
Shadow Identification in Food Images using Extreme Learning Machine
Shadow identification is important for food images. Different applications require an accurate shadow identification or removal. A shadow varies from one image to another based on different factors such as lighting, colo...