A mathematical/physics model to measure the role of information and communication technology in some economies: the Chinese case

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2017
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Abstract
Since the Reform and Opening-up in 1978, China has experienced a huge sustainable growth of gross domestic product (GDP) and an incredible development in Information and Communication Technology (ICT). This study aims to utilize an input-output (I-O) approach to explore the role of ICT in Chinese national economy. Specifically, we employ a static I-O framework, and analyze three topics in its application: the inter-industry linkage effect, the production inducing effect, and the supply shortage effect. We pay particular attention to the ICT manufacturing sector and ICT service-providing sector by taking the sectors as exogenous and investigating their economic impacts, respectively. The results suggest that (1) the ICT manufacturing sector has a high backward linkage effect, an intermediate forward linkage effect, a relatively low production inducing effect, and a low supply shortage effect, it suggests that ICT manufacturing sector has a powerful capacity for pulling the production activities of the whole economy. (2) The inter-industry linkage effect and supply shortage effect of ICT service-providing is low, but the production inducing effect of ICT service-providing is high, which suggests that the impact of an increase in ICT service-providing investment on the total output of all other sectors is large.
Reference Key
xuchen2017aopen Use this key to autocite in the manuscript while using SciMatic Manuscript Manager or Thesis Manager
Authors Xuchen, Lin;Ting-Jie, Lu;Xia, Chen;
Journal open physics
Year 2017
DOI
DOI not found
URL
http://www.degruyter.com/view/j/phys.2017.15.issue-1/phys-2017-0003/phys-2017-0003.xml?format=INT
Keywords
Infectious and parasitic diseases Medicine Science physics public aspects of medicine management. industrial management computer engineering. computer hardware bibliography. library science. information resources

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