Effects of Advances in ICT on Total Factor Productivity: Analyzing Productivity Gains and Future Trends

Abstract

This is a workshop paper for the Asia Productivity Organization workshop entitled "Effects of Advances in ICT on Total Factor Productivity: Analyzing Productivity Gains and Future Trends" on 3-6 September 2013 in Seoul, South Korea. This paper answers three questions in the context of Singapore: ICT developments and its application to service and manufacturing sectors; Initiatives and measures taken by the government to promote ICT applications; Status of productivity measurement including TFP.