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Estimation of China's investment in ICT assets and accumulated ICT capital stock
https://doi.org/10.20561/00052932
https://doi.org/10.20561/000529320ee72f6b-b93b-4c25-9fb7-5d06c643985a
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
Full-text PDF (1.0 MB)
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| Item type | アジ研テクニカルレポート / IDE Technical Report(1) | |||||
|---|---|---|---|---|---|---|
| 公開日 | 2022-03-03 | |||||
| タイトル | ||||||
| タイトル | Estimation of China's investment in ICT assets and accumulated ICT capital stock | |||||
| 言語 | ||||||
| 言語 | eng | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | information and communication technologies (ICTs) | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | ICT investment | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | ICT capital stock | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | input-output tables. | |||||
| 資源タイプ | ||||||
| 資源タイプ識別子 | http://purl.org/coar/resource_type/c_18gh | |||||
| 資源タイプ | technical report | |||||
| ID登録 | ||||||
| ID登録 | 10.20561/00052932 | |||||
| ID登録タイプ | JaLC | |||||
| 著者 |
David, Tao Liang
× David, Tao Liang× Harry, X Wu× Fukao, Kyoji |
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| 著者別名 | ||||||
| 値 | 深尾,京司 | |||||
| 抄録 | ||||||
| 内容記述タイプ | Abstract | |||||
| 内容記述 | Despite the extraordinary impact of information and communication technologies (ICTs) on the Chinese economy, no systematic information is provided on ICT investment by Chinese official statistics. We make the first attempt to estimate such investment using China’s total investment in equipment by industry controlled by China’s national accounts, constructed by the CIP (China Industrial Productivity) Project, and the relationship between the ICT equipment investment and ICT service intermediate input, as observed in the Japanese economy. We show that over the entire period from 1978 to 2018, China’s investment in the ICT equipment grew by 21.8 percent per annum, which was nearly twice the investment in non-ICT equipment. The share of the ICT investment in China’s nominal GDP peaked in 2002 at 2.7 percent, then declined to approximately 1 percent in the recent years. Similarly, the ICT investment share in the nominal gross fixed capital formation (GFCF) peaked in 2002 at 7.7 percent and then declined to 2.4 percent in 2018, largely attributable to the government’s unprecedented investment in infrastructure to sustain growth. By 2018, China’s ICT intensity, measured as the share of the ICT equipment in the total equipment stock, had reached 10.6 percent, approximately 65 percent that of Japan (16.4 percent in 2015) and 71 percent that of the US (15.0 percent in 2017). In sectoral comparisons, we show that China’s service sector is more-ICT intensive (17.3) than its industrial sector (5.4), a pattern similar to, but with a narrower spread than that in Japan (25.8 vs. 4.5 in 2015), and the US (21.1 vs. 3.8 in 2017). | |||||
| 権利 | ||||||
| 権利情報 | Copyrights 2022 by author(s) | |||||
| 収録情報 |
IDE Discussion Paper en : IDE Discussion Paper 巻 833, 発行日 2022-03 |
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| 出版者 | ||||||
| 出版者 | Institute of Developing Economies (IDE-JETRO) | |||||
| 著者版フラグ | ||||||
| 出版タイプ | VoR | |||||
| 出版タイプResource | http://purl.org/coar/version/c_970fb48d4fbd8a85 | |||||
| JEL分類 | ||||||
| 主題Scheme | Other | |||||
| 主題 | JEL:C82 - Methodology for Collecting, Estimating, and Organi … | |||||
| JEL分類 | ||||||
| 主題Scheme | Other | |||||
| 主題 | JEL:E22 - Investment • Capital • Intangible Capital • Capaci … | |||||
| JEL分類 | ||||||
| 主題Scheme | Other | |||||
| 主題 | JEL:E24 - Employment • Unemployment • Wages • Intergeneratio … | |||||
| 地域/国名 | ||||||
| 位置情報（自由記述） | China | |||||
| フォーマット | ||||||
| 内容記述タイプ | Other | |||||
| 内容記述 | application/pdf | |||||
| DIG_NO | ||||||
| 内容記述タイプ | Other | |||||
| 内容記述 | IDP000833_001 | |||||
