Elasticity of the Total Production measured by the Investment in Information and Communication Technologies: An evidence from the Ecuadorian Manufacturing Companies
Resumen
This article analyzes the use, access, and development of the Information and Communication Technologies (ICTs) in the Ecuadorian manufacturing companies during the period 2012-2014. The theoretical aspects around ICT, its importance, limitations, and challenges are summarized. Furthermore, this manuscript proves the lineal correlation between the total production in the manufacturing sector and the ICT investment, and develops a “log-log” regression model among both variables, which proves the elasticity of the total production with respect to the ICT investment. This document gives conclusions and recommendations for future studies in order to improve the ICT investment in the Ecuadorian manufacturing firms.
Keywords: Information and Communication Technologies (ICTs), manufacturing sector, Ecuadorian manufacturing companies, total production, ICT investment.
RESUMEN
Este documento analiza el uso, acceso y desarrollo de las Tecnologías de la Información y la Comunicación (TIC) en las empresas manufactureras ecuatorianas durante el período 2012-2014. Este estudio resume los aspectos teóricos en torno a las TIC, su importancia, limitaciones y desafíos. Además, este manuscrito demuestra la correlación lineal entre la producción total en el sector manufacturero y la inversión en TIC. Este documento brinda conclusiones y recomendaciones para mejorar la inversión en TIC en las empresas manufactureras ecuatorianas.
Palabras clave: Tecnologías de la información y la comunicación (TIC), sector manufacturero, empresas manufactureras ecuatorianas, producción total, inversión en TIC.
Citas
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