TY - JOUR
T1 - The ICT Sector, Growth and Productivity
T2 - Ireland and Australia Compared
AU - Green, Roy
AU - Burgess, John
AU - Turner, Grant
PY - 2004/6
Y1 - 2004/6
N2 - This article compares the productivity and employment performance of the Australian and Irish economies over the 1990s, with particular emphasis on the different approaches to the role of information and communications technologies (ICT). Whereas Australia's performance is characterised by the application and diffusion of ICT across a number of sectors, with indirect productivity and employment effects, Ireland has become a major producer of ICT products and services in its own right. The article traces the implications of these approaches for the pattern of growth and employment in both economies and also indicates their limitations. Ireland's approach is limited by dependence on foreign investment, embodying externally generated technologies, though this is now being addressed by a policy interest in R&D support and the development of industry clusters and networks. On the other hand, Australia faces growing and possibly unsustainable deficits in its current account, driven by imports of knowledge-intensive goods and services, notwithstanding recent improvements in the terms of trade associated with higher prices for primary commodity exports.
AB - This article compares the productivity and employment performance of the Australian and Irish economies over the 1990s, with particular emphasis on the different approaches to the role of information and communications technologies (ICT). Whereas Australia's performance is characterised by the application and diffusion of ICT across a number of sectors, with indirect productivity and employment effects, Ireland has become a major producer of ICT products and services in its own right. The article traces the implications of these approaches for the pattern of growth and employment in both economies and also indicates their limitations. Ireland's approach is limited by dependence on foreign investment, embodying externally generated technologies, though this is now being addressed by a policy interest in R&D support and the development of industry clusters and networks. On the other hand, Australia faces growing and possibly unsustainable deficits in its current account, driven by imports of knowledge-intensive goods and services, notwithstanding recent improvements in the terms of trade associated with higher prices for primary commodity exports.
UR - http://www.scopus.com/inward/record.url?scp=84993683824&partnerID=8YFLogxK
U2 - 10.1177/103530460401500105
DO - 10.1177/103530460401500105
M3 - Article
AN - SCOPUS:84993683824
VL - 15
SP - 99
EP - 127
JO - Economic and Labour Relations Review
JF - Economic and Labour Relations Review
SN - 1035-3046
IS - 1
ER -