Estimating components of ICT expenditure: a model-based approach with applicability to short time-series

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This article develops a microeconomic model-based approach to estimation of national information and communications technology expenditure that is helpful when only very short time-series are available. The model specification incorporates parameters for network effects and national e-readiness. Finally, the model allows for observed nonhomotheticity and 'noise' found in sample data, with the latter attributed to country-specific influences.

Document Type: Research Article


Affiliations: 1: Department of Economics, Macquarie University, NSW 2109, Australia 2: Department of Economics, Curtin University of Technology, Perth, WA 6845, Australia

Publication date: January 1, 2010

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