Payoffs from investment in information technology: Lessons from the Asia-Pacific region

Kenneth L. Kraemer, Jason Dedrick

Research output: Contribution to journalArticlepeer-review

99 Scopus citations


This paper examines the factors influencing investment in information technology (IT), and the payoffs from investment in IT use on productivity and economic growth in 12 Asia Pacific countries for 1984-1990. It finds a significant positive correlation between growth in IT investment and growth in both GDP and productivity over the seven-year period. Countries with higher growth rates in IT investment achieved consistently higher growth rates of GDP and productivity. This finding is consistent with the notion of IT-led development. It challenges the so-called productivity paradox, or the notion that investment in IT has not paid off in productivity improvements.

Original languageEnglish (US)
Pages (from-to)1921-1931
Number of pages11
JournalWorld Development
Issue number12
StatePublished - Dec 1994
Externally publishedYes

ASJC Scopus subject areas

  • Geography, Planning and Development
  • Development
  • Economics and Econometrics
  • Building and Construction
  • Sociology and Political Science


Dive into the research topics of 'Payoffs from investment in information technology: Lessons from the Asia-Pacific region'. Together they form a unique fingerprint.

Cite this