Chapter 13

The impact of information and communications technology investment on employment in Japan and Korea

Kyoji Fukao 1 , Tsutomu Miyagawa 2 , Hak Kil Pyo 3 , Keunhee Rhee 4 , and Miho Takizawa 2       1 Institute of Economic Research, Hitotsubashi University, Tokyo, Japan      2 Faculty of Economics, Gakushuin University, Tokyo, Japan      3 Faculty of Economics, Seoul National University, Seoul, Korea      4 Korea Productivity Center, Seoul, Korea

Abstract

The economic impact of information and communications technology (ICT) investment is visible only with a long time-lag, particularly in the case of employment. There are two contrasting effects of ICT investment on employment: the complementarity relationships between capital ...

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