Browsing by Author "Suarez, Denise Ann-Marie R."

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    Impact of information and communication technology in the Philippine industries
    (2007-03) Suarez, Denise Ann-Marie R.; Tan, Edita
    This paper employed a Multiple Regression Analysis to study the impact of ICT capital (LNICTHARD, LNICTSOFT; and LNICTTELE) on Philippine industries at the 2-digit Philippine Standard Industrial Classification (PSIC) level. Non-ICT capital (LNNONICT), labor compensation (LNLABOREXP), and labor quality (LNLABORQ) were tested for their relationship with output, measured by value-added. Industry dummy variables for the fourteen major industries were used to quantify the industry-shift effects, while time dummy variables indicated the years 2001 and 2003. Computer hardware and telecommunications equipment generated insignificant results while system and applications software was significant at the 5% confidence level. Aggregated ICT capital inputs (LNTOT ALICT) yielded insignificant results. Labor compensation and labor quality showed positive significant effect on value-added. The industry variables manufacturing (MANU), wholesale and retail trade (WHOL), and financial intermediation (FINAN) were the only industries to display positive significant effect on value added, while the time dummy variable did not display positive, significant impact on the output.